A chess game is divided into three stages:
the first, when you hope you have the advantage,
the second when you believe you have the advantage,
and the third, when you know you're going to lose!
Tournament Entry Rating is calculated by the formula (CurrentRating + HighestRating) / 2. The entry rating will never drop to more than 100 points below your Highest Rating.
Rated stats are updated within 24 hours of the last completed rated game.