No. Currently, there a two contests in Darwinia.
1. The Darwinia Allocation, which is rewarding future trading through performance fee. I think that should remain as it is. 2. The Darwinian Dividends. This price is paid for past trading performance of the last month. This might encourage bad trading (excessive risk) with smaller accounts, as you can afford to lose a $300 account for gaining a price of $1,000. But you probably won't risk a $100,000 account.
No, actually it is only one contest with two different rewards. And going to your second point, that´s why I said before that some traders could see the current contest like an opportunity to open several accounts and once they get 40-50 D-Score, try martingale systems...I am not saying I agree or I´ll do it because that is not my goal, neither my strategy.
I totally disagree with this statement, Darwinia purpose is to reward the monthly performance of darwnins. What is the point to reward someone because what it was last year? You said promising darwins fail over time, and that is true (some times),same old darwins fail over time (some times). But the point you can not predict the future, so you have to reward the current performance, not future not past. That´s is what Darwinia is supposed to be, right?
Actually, consistency and patience are good indicators of a solid trading system. More so than a short period track record. The D-Score is evaluating a number of different attributes (including performance) and is a far more reasonable evaluation instrument. Although there is room for improvement. I think the current combination of D-Score and short-term performance is a very good compromise.
Consistency and patience are good qualities (not indicators) of a person to be a trader. Darwinia doesn´t or shouldn´t do an evaluation or jugdement of trader qualities, but the Darwin performance. And again, Darwinia is a monthly contest rewarding the current performance, so why you need a year to get 10 Exp and 60+ D-Score? I can list dozens of old darwins with bad or mediocre performance that every month are in top 48, just because they are patienced and don´t give up, and once in a while have a lucky month...I can´t think about them like good or investable darwins (and the fact is that they don´t use to have investors).