Jump to content

2011 Day Trading Game Thread


Peace

Recommended Posts

Rules:

(1) You have $10,000 to spend on any stock traded here in the USA. That includes ETFs, index funds, Pinks, and OTCs.

(2) You can buy and trade as much as you want but must record the buys and sells here. All buys and sells must take place when the NYSE is OPEN only. No after hours trades.

(3) Every buy and sell should be a reply to your last buy/sell post so you can keep a running total.

(4) You must record the buy/sell price at the time of your post. You can't say, "I meant to sell this yesterday when it was up %400." I guess you can "say" that but you can't actually record that transaction in the game.

(5) Everyone is on the honor system for prices.

(6) You can make your first purchase in the New Year.

(7) You MUST make your first purchase before 2/1/2011 to enter. (This is to prevent someone coming in in December, making one trade, and winning the game without participating in trash talking.)

(8) You MUST make at least 1 trade worth 10% of your current value per month. (This also prevents someone from making a single trade and then exiting...although of course, the savvy trader can just trade ultraconservatively if they do get the blockbuster return.)

(9) All buys and sells must be made in the format of the STATUS POST shown below. If you're confused by what goes in the brackets, you can stop reading now.

(10) Rules are subject to change by me and you can B word all you want but the game is mine and I'm putting up the prize.

 

PRIZE

 

Whoever has the most money as of the close of the market on 12/31 wins a new Kindle (model, color, options TBD). If the monkey (random picks chosen by me) or I win the prize, I will donate the Kindle to a local charity.

 

 

FORMAT OF STATUS POST:

 

GAME STATUS POST

 

Selling:

Sell_#__ shares of [stock] at [price]

 

Buying:

Buy _#__ shares of [stock] at [price]

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

_#__ shares of [stock] currently at [price]

 

Cash:

$_______

 

Total Current Value of Portfolio: ___[sum of holding in portfolio + Cash]______

 

***************************************************************************

Here is an example first transaction post for the "monkey" random picker.

 

THIS IS FOR THE MONKEY (RANDOM PICKS) not me and would technically violate rule (2) because the market isn't open yet but I've posted to show an example.

 

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 500 shares of LDF at 19.17

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

500 shares of LDF at 19.17

 

Cash:

$ 415

 

Total Current Value of Portfolio: $10,000

Edited by Peace
Link to comment
Share on other sites

  • Replies 77
  • Created
  • Last Reply

Top Posters In This Topic

THIS IS FOR THE MONKEY (RANDOM PICKS)

 

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 500 shares of LDF at 19.35

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

500 shares of LDF at 19.35

 

Cash:

$ 325

 

Total Current Value of Portfolio: $10,000

Edited by Peace
Link to comment
Share on other sites

This is very nice of you. I don't expect to win, so I will throw some hail marys out there.

 

 

 

 

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 62 shares of AGQ at 159.13

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

62 shares of AGQ at 159.13

 

Cash:

$ 133.94

 

Total Current Value of Portfolio: $10,000

Link to comment
Share on other sites

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 10,000 shares of MERMF at 0.182

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

10,000 shares of MERMF at 0.182

 

Cash:

$ 8,180

 

Total Current Value of Portfolio: $10,000

Link to comment
Share on other sites

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 150 shares of IXC at 39.38

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

150 shares of IXC at 39.38

 

Cash:

$ 4093.00

 

Total Current Value of Portfolio: $10,000

btw, if pigs fly and i win, i ask that you donate the value of the kindle to the charity of your choice. thanks for doing this game.

Link to comment
Share on other sites

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

buy 32 shares SPY at 127.05

buy 1 share DFSCX at 14.03

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

150 shares of IXC at 39.38

32 shares SPY at 127.05

1 share DFSCX at 14.03

Cash:

$ 13.37

 

Total Current Value of Portfolio: $10,000

Link to comment
Share on other sites

  • 2 weeks later...

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 10,000 shares of MERMF at 0.182

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

10,000 shares of MERMF at 0.182

 

Cash:

$ 8,180

 

Total Current Value of Portfolio: $10,000

 

GAME STATUS POST

 

Selling:

Sell 0 shares of N/A at N/A

 

Buying:

Buy 10,000 shares of NTGMF @ .364

Buy 10,000 shares OXGN @ 0.24

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

10,000 shares of MERMF at 0.182 [unchanged from buy]

10,000 shares of NTGMF @ 0.364

10,000 shares OXGN @ 0.24

 

Cash:

$ 2,140

 

Total Current Value of Portfolio: $10,000

Link to comment
Share on other sites

GAME STATUS POST

 

Selling:

Sell 6 shares of IXC @ 40.40

 

Buying:

Buy 18 shares of DFSCX at 14.16

 

Current Portfolio:

 

Following Buy/Sell above, now holding in portfolio:

19 shares of DFSCX@14.16

144 shares of IXC @40.40

32 shares of SPY @129.30

Cash:

$ 0.89

 

Total Current Value of Portfolio: $10,238.13

Link to comment
Share on other sites

  • 2 weeks later...

Revising Rules to encourage players and not eliminate people who sleep on their trades.

 

You still need to make your first purchase by 2/1/2011 to enter!

 

 

 

Rules:

(1) You have $10,000 to spend on any stock traded here in the USA. That includes ETFs, index funds, Pinks, and OTCs (eliminated the OTC/Pinks because it can be abused...if anyone already did this, no sweat...just no more going forward).

(2) You can buy and trade as much as you want but must record the buys and sells here. All buys and sells must take place when the NYSE is OPEN only. No after hours trades.

(3) Every buy and sell should be a reply to your last buy/sell post so you can keep a running total.

(4) You must record the buy/sell price at the time of your post. You can't say, "I meant to sell this yesterday when it was up %400." I guess you can "say" that but you can't actually record that transaction in the game.

(5) Everyone is on the honor system for prices.

(6) You can make your first purchase in the New Year.

(7) You MUST make your first purchase before 2/1/2011 to enter. (This is to prevent someone coming in in December, making one trade, and winning the game without participating in trash talking.)

(8) You MUST make at least 1 trade worth 10% of your current value per month. (This also prevents someone from making a single trade and then exiting...although of course, the savvy trader can just trade ultraconservatively if they do get the blockbuster return.)

(9) All buys and sells must be made in the format of the STATUS POST shown below. If you're confused by what goes in the brackets, you can stop reading now.

(10) Rules are subject to change by me and you can B word all you want but the game is mine and I'm putting up the prize.

 

PRIZE

Link to comment
Share on other sites

×
×
  • Create New...