And so John Walsh, a client services executive who is currently studying to become a Black Taxi Cab driver, has beaten seven other competitors to win City Index’s Trading Academy.
The Trading Academy competition took place over six weeks, as eight aspiring traders with little or no trading experience battled it out to win a cash prize of £100,000. Competitors were judged on their notional profits and losses on a live test account, as well as their deployment of new principles, with a judging panel eliminating one trader each week until today’s final.
The judging panel over the last six weeks consisted of two mentors from City Index: Ashraf Laidi, Global Chief Strategist, and James Chen, Chief Technical Analyst, and they were joined for the final by the company’s chief executive, Martin Belsham. The event took place at City Hall in the City of London, with John Walsh and two other contestants – Recruitment Consultant, Shazad Asher, and Freelance Journalist, Ryan Oliver-Thompson – battling it out for the £100,000 prize, with runners up each being rewarded £5,000 credit in their City Index trading accounts.
The winner, John Walsh, delivered a strong ROI of 23.6 percent for the final week and impressed the judges by demonstrating the ability to trade out of his losing positions and maintaining a high level of consistency throughout the competition.