2+2 Stock Trading Competition

[jdoe]

1. No position can exceed 25% of your total portfolio value.

2. Half your portfolio must be comprised of positions under 10% each.

3. Funds that do not pass the quarterly diversification test will be disqualified from the Marketocracy Performance Rankings.

4. You must fold JT suited under the gun! ALWAYS!

ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ ZZZZZZ

[Sniper]

These rules mimmick the rules under which mutual funds must comply.

[tek]

[ QUOTE ]
1. No position can exceed 25% of your total portfolio value.

2. Half your portfolio must be comprised of positions under 10% each.

3. Funds that do not pass the quarterly diversification test will be disqualified from the Marketocracy Performance Rankings.

[/ QUOTE ]

1. f that
2. ditto
3. ditto

[Dan Mezick]

For those interested in developing mechanical trading systems, I post these links.

If you have really thought about risk and EV in poker, and/or done alot of trading with a mechanical system, then you will find this work a great read.

The PDF is downloadable and free. I found the text to be very interesting from the point of view of trader AND poker player.


I hope this is helpful to you.

Links:
http://www.tradelabstrategies.com/

http://www.tradelabstrategies.com/cu...release301.htm

[jdoe]

i spent 25 minutes on this trade.

BUY YAHOO @ 33.60 ish

gunna check it in an hour if i am up 2-3% i will sell. I may hold overnight to see if there is a small bump tomorrow.

stop loss at 32.50 ish

[Dan Mezick]

It's interesting to see that the leader has a roughtly 10% gain while the least-performer is down somewhere in the range of 15%.

This is anyone's game after 2 weeks. No one is running away with it....yet.

[BadBoyBenny]

Dan,

How do you see rankings?

Thanks,

Benny

[Dan Mezick]

1. Sign up for the event

2. Go to: game.marketwatch.com

3. Click the Rankings tab at the top of that page.

You'll see me near the bottom there, especially tomorrow [img]/images/graemlins/wink.gif[/img]

[skierdude1000]

I'm in... time to start buying and selling! I'm really behind you guys...

[Dan Mezick]

Here's the stats for the top 10 as of Tuesday, August 9th, with 6 days to go to the 1-month mark:

Rank Username Net Worth % Return # Trans
1 jpkruse $732,675.60 46.54 % 24
2 nhamstra $551,609.85 10.32 % 2
3 badboybenny_gc $546,825.12 9.37 % 7
4 nikir2003 $528,806.10 5.76 % 59
5 kansas_rounder $521,279.84 4.26 % 17
6 stoli7 $519,715.74 3.94 % 2
7 shawn $514,622.09 2.92 % 4
8 warren.whitmore $510,825.61 2.17 % 5
9 zephed56 $510,752.23 2.15 % 19
10 tomonopoly $510,297.63 2.06 % 7

jpkruse is up over 45%. In less than a month.
On 500K, that's alot of green.

nhamstra is up 10.32 % on 2 trades.

badboybenny_gc is up 9.37 % on 7 trades.

These returns have been generated in less than a month.


jpkruse, how about posting those 24 trades? Let's all admit this is a pretty darned impressive performance.