Win Prizes by Succeeding in TD Ameritrades ThinkOrSwim Challenge

Win Prizes by Succeeding in TD Ameritrades ThinkOrSwim Challenge via Pixabay The four-week competition kicks off on  Monday, October 8, 2018, and runs through  Saturday, November 3, 2018. Over the course of these four weeks, you and your team will manage one virtual portfolio and will do so by placing qualifying paper trades during each trading week. “The thinkorswim Challenge was created to help educate and build confidence in future generations of investors,” said Lee McAdoo, managing director of investor education at TD Ameritrade. “The Challenge is unique in that it gives students a hands-on approach to managing money in the markets, with no true risk involved.” Prizes will be awarded weekly to the team with the highest percentage gain in the aggregate value of their portfolio. At the conclusion of the competition, an additional prize will be awarded to the three teams with the highest percentage gains in their portfolios overall and to their respective schools. Individual prizes include iPads,  Amazon  gift cards, up to  $3,500  deposited into a  TD Ameritrade  brokerage account, and up to  $30,000  for the school or university that team is associated with. “Last year, we had 327 schools in 49 states across the U.S. competing for the top prize, and the winning team ended up  seeing portfolio gains of 427 percent,” said McAdoo. “It’s exciting to see more schools jumping into the competition, more students using our education, and ultimately more participants walking away with a new, meaningful understanding of the markets and money, whether or not they take the prize.” If you’re wondering who Ameritrade is… TD Ameritrade provides  investing services  and  education  to more than 11 million client accounts totaling more than $1.2 trillion in assets, and  custodial services  to more than 6,000 registered investment advisors. They are a leader in U.S. retail trading, executing an average of more than 780,000 trades per day for their clients, more than a quarter of which come from mobile devices. TD Ameritrade has a history of innovation, dating back as far as 1975.  Today, their team of almost 10,000 employees is “committed to carrying it forward.”