Waqar Zaka Reaches No. 1 in Global TradFi Trading Competition, Tops International Leaderboard

Cryptocurrency Teacher and Trader Waqar Zaka has secured the top spot on the latest leaderboard of the still on-going International TradFi Masters Competition, beating the competition from many other countries.Pakistani Trader and Cryptocurrency Educator Waqar Zaka has emerged on top of the competition from various countries and has taken the first place position in the ongoing International TradFi Masters Competition leaderboard.

The KRAKEN Trading Leaderboard is updated on a weekly basis, with the updated rankings seeing Waqar Zaka’s profit and loss (PnL) performance at 74% and his trading volume exceeding 42.5 Million USDT, placing him ahead of traders from South Korea, China and other global markets.

The competition is known as one of the most challenging real money trading competitions, where the players trade with real money instead of demo accounts. Competitors need to be actively trading on a variety of different financial markets – not just US stocks, but forex, gold, silver, and cryptocurrencies – and stick to the established risk management guidelines.

The ranking is not determined by a straight correlation of profit as in traditional trading contests, but instead is a composite of several factors including overall profitability, volume traded, consistency and disciplined risk management. Each player will have to do trades in various asset classes or they won’t be competitive.

International rankings were shifted to the top with Pakistan’s latest change with a performance from Waqar Zaka. As the leader, he should be expected to win the grand prize of a brand new Mercedes-Benz G-Class if he stays in the lead until the end of the competition.

Waqar Zaka has represented Pakistan in various international trading events, and is known for his trading prowess in the global market. He is also renowned for his efforts in educating people about cryptocurrencies and financial literacy in Pakistan, even before it hit the mainstream.

The progress of his name at top of the leader board has garnered attention from the trading community in Pakistan, with numerous investors and traders eagerly watching the remaining rounds to determine if he will be able to keep his top spot until the results are revealed.