Thinking of making the scoring more 'trading' like from the beginning of next quarter. As in trading you are rewarded for taking profit on target, in this competition, you should be rewarded for being close to target and penalised the further away you are (just as a trade would be taken out, hitting the stops),
What is the consensus for the following?
Bonus points (remain to be awarded regardless of direction)
Gold medal - full 3 points if forecast within 15.00 points of target, 2 points if within 15.01-25.00 points of target, 1 point if within 25.01-35.00 points of target, 0 points for 35.01 points or more away from target.
Silver medal - full 2 points if forecast within 25.00 points of target, 1 points if within 25.01-35.00 points of target, 0 points for 35.01 points or more away from target.
Bronze medal - full 1 point if forecast within 35.00 points of target, 0 points for 35.01 or more away from target.
Correct direction
+1 point within 50.00 points of target
0 points 50.01 or more away from target
Wrong direction remains at -1 point with an extra -1 if 50.01 or more away from target