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Re: 2+2 Stock Trading Competition
[ QUOTE ]
Hi Dan, This could be a fun deal. Virtual trading equals playing poker with play money. However, if someone wanted to improve their money poker game then market trading with real money works better because now all the issues of fear, greed, tilt all come into play. I've never been a great fan of paper trading because the emotions don't factor in. fwiw [/ QUOTE ] I agree to an extent. However, you can reload quickly and easily in play money poker. In this competition, you would not be able to reload your account. So you will have a capital preservation incentive that does not exist in play money poker. This discourages wild risk taking (maniac play), to some extent. |
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