The Axora monthly competition is free: every participant gets a $100,000 demo account for the month, trading crypto pairs. The top three on the leaderboard win a $25K, $10K or $5K challenge. Unlike a normal challenge, you are ranked against other traders, which changes the strategy.
Rules that shape the strategy
- Ranking is by account equity, which is the same as ranking by return, since everyone starts with $100,000.
- A consistency rule applies for placement: your best day may not be more than 50% of your total profit.
- Loss limits still apply (5% daily, 10% maximum): an account that breaches them is out.
Why all-in does not work
Many participants take huge positions on day one. Most of them are out within days. With the consistency rule, even a lucky huge day is not enough on its own: you need several good days.
A balanced plan
- First half of the month: normal risk (0.5–1%), build a lead with consistent days.
- Track the leaderboard weekly, not hourly.
- Second half: if you are near the top, protect the position; if far behind, increase risk moderately, never to the point of breaching limits.
- Remember crypto trades at weekends: plan rest days.