$SOLUSD The Leap Should Be CancledAs noted in my Tradingview status, I have decided to stop actively trading The Leap Tradingview contest in light of the massive fraud perpetrated by COINBASE:SOLUSD
This contest having limited position sizing, tight restrictions and a list of 6 mostly unsuitable tickers to trade has recently lost its appeal.
While I agree the contest can be maintained, due to the limited position sizing and COINBASE:SOLUSD being the only "Bang for your Buck" ticker to trade, I have shorted all tickers except FX:EURUSD and exited any regular trading activities in favor of seeing what happens.
There is a storm on the horizon and having such a disreputable ticker as one of the primary sources of decent gains leaves me to believe Tradingview is not serious about this competition.
Tradingview needs a broad spectrum of stable tickers to trade and increased positions sizing at a minimum.
In my view while the contest is certainly able to be managed by skilled traders. However the amount of time and involvement needed to "Day Trade" these tickers nearly 24/7 make this an unrealistic trading environment for the average trader.
That combined with and the most notable primary source of capital gains being COINBASE:SOLUSD and this ticker also being a completely manipulated Fraud, makes this contest even more unrealistic.
As such my price target for COINBASE:SOLUSD is now 0.00