Single Round Competitions:
Structure: These competitions are one-and-done events. All participants compete against each other for a designated time.

How it Works:
You enter the competition, and everyone trades for the allotted time.
At the end of the time period, the winners are determined based on performance (usually the highest % return).

There’s no elimination or advancement; it’s just a single contest with one winner.

Tournament Competitions:
Structure: These are multi-round competitions that involve several individual contests.

How it Works:
Participants are placed in a bracket (similar to a knockout format in sports tournaments).
You compete in a minimum of two rounds. The top participants from each round advance to the next round.

The tournament continues through multiple rounds until the final winners are determined.
Key Differences:

Single Round: One competition, one round, one winner.
Tournament: Multiple rounds, progression through rounds, and a final winner after several competitions.

Whether you prefer the intensity of a single round competition or the challenge of advancing through a tournament, both offer exciting ways to compete and win!