Derek M.
Bullrush.tech is basically a scam
Bullrush.tech is basically a scam. Sort of. It’s like a casino while they aren’t technically scamming you they set the spreads so that any market order puts you negative the profits you would make if trading between two key levels and while every now and then you may get a limit order to fill to avoid the outrageous spread it is highly unlikely though occasionally does happen if you set limit orders by keys levels price normally passes well beyond your orders even in both directions without filling. The competition often times locked at the start all while you will notice several probably house traders making profits on the leader boards then after they have created enough room they’ll open the competition so technically you can not say it is exactly a scam being it is highly unlikely but still possible to win if in the perfect market conditions that you are able to outrun the rigged house favor. Like a casino. And obviously if you think about it how can anyone hand out free money all the time being they have so many free competitions. The free competitions are basically marketing to pull you in so you’ll pay to enter the paid competitions. Some of the paid competitions may be more fare I honestly do not know how all of them operate out of 3-4 so far I have checked this is how they have set up their system. Personally my recommendation on anyone looking for paper trade contest find the ones with reputable brokers. Big brokers don’t mind and can afford to pay out competitions and hand out many free shares etc because they want you as a trader on their platforms. Many have them companies like CME Group Trading view eToro MooMoo I believe holds them and many others