We are giving away a free three-month subscription to the HMS Daily Stock Picking System, worth $300! All you have to do to have a chance to win the three-month subscription, is send us your prediction of the oil market. The prediction that receives most votes from other traders wins the grand prize! But that’s not all… the runner up will receive a free copy of the great book by Sally Clubley: ‘Trading in Oil Futures and Options’ worth $120!

Your Predictions

We are curious about your thoughts on the direction of the oil trading market for the ending months of 2010. That is why we ask you to send us your prediction of the price of a barrel of crude oil at the end of this year. Every submission should be accompanied with a description of at least 100 words, motivating your prediction. You can send us your prediction until October 11, but remember that early submissions have more time to gather votes!

The voting

All submissions will be published at this website, TradeCrudeOil.net. Next to each prediction a voting button will appear, allowing other traders to express their opinion on the quality of your work.The one with the highest score at the end of the contest will be named the winner and receives the three-month subscription. The one with the second most votes, receives a free copy of the book. In the case of an even score, a raffle will decide the winner.

The Prizes

First prize: A three-month subscription to the TraderHMS Trading Subscription Service.

A description of the service:

“The subscribers will receive a daily email before 3.30 pm ET with the stocks to buy for the next trading session. The stock should be held for a 24 hour period. After the closing bell you will receive an email with the updated system performance and a personal commentary on markets.
The stock selection is based on relative strength, excess volatility (noise), peer performance and general market condition.
There are 2 versions to the system. The unhedged version (long Only) and the hedged version, playing the stocks against the index. The hedged version eliminates market risk.”

For more information about the daily stock picking system, have a look at the website http://oiltradersblog.blogspot.com/

Second Prize: The book ‘Trading in Oil Futures and Options’ by Sally Clubley

A description of the book:

“Trading in Oil Futures and Options, thoroughly revised and updated, provides practical advice on when to make the decision to use futures; choosing a broker; and the mechanics of futures trading. This new edition has been extended to include all oil market trading instruments, and also gas and electricity derivatives.”

For more information about the book, have a look at the publishers’ website.

Terms and conditions

• All entries into the contest should be submitted at the submission page before October 10 of 2010, 23:59 CET.
• Traders participating in the contest should be a member of TradeCrudeOil.net. Registration is free and open to everyone, and can be done at the registration page.
• The voting process will close at October 17 of 2010, 23:59 CET. The winner will be announced on the next day, being Monday October 18, 2010 at this website.
• Open to citizens from all countries, except where prohibited by law. Participants must be 18 years of age or older.
• Participation is limited to one entry per person.