February 2009 Trading Simulator Contest - win a trading book

[Thierry Martin]

I have reset the trading simulator for February - 1st prize, 2nd and 3rd prizes are trading books. The first prize winner will also have his win displayed under his name in the forum. Sorry we are getting off to a late start this month.

If you already played in previous competitions, you already have an account and your can join the February contest with the same username and password by going here (http://vse.marketwatch.com/Game/StartViewGame.aspx?id=OnlineTradersForum). If you have forgotton the game password, which you need to join the February contest, just email me and I will send it to you. (http://www.cramersmadmoney.com/private.php?do=newpm&u=1)

If you are new to the simulator, you can join at anytime. This thread will be used to discuss the game and post updates on the standings.

You start with $100,000 and you can trade stocks long or short. You can only trade stocks above $2.00. Whoever has the highest amount at the close of trading on Friday, February 27, 2009, wins.

The trading simulator/contest is open only to registered members of this forum. (Registering is free!) (http://www.onlinetradersforum.com/register.php)

Send me a private message (http://www.onlinetradersforum.com/private.php?do=newpm&u=1) and I will send you the link and password for your free sign up.

[johnlvs2run]

The new game is still showing the January results.

[johnlvs2run]

It's working now, helps to put in the new password for the game.

[Albert0373]

Weird, what happened..

Oh well, let's roll :)

[Thierry Martin]

you will have to go to the new game - if you have the old game bookmarked you will end up in the January game. The new link is http://vse.marketwatch.com/Game/StartViewGame.aspx?id=OnlineTradersForum

[Thierry Martin]

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[Thierry Martin]

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[Thierry Martin]

You can still join this month's contest!

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[Thierry Martin]

Albert0373 - you're the only one not in the red!

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[Thierry Martin]

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[Thierry Martin]

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[johnlvs2run]

Albert, you're cleaning up... woo hoo!

I hope you're doing as well in your personal trades. :)

[Albert0373]

Thanks John, and Thierry for the daily updates!

Been quite busy but I've managed some trades in here and there. Perfect timing too for some inactivity, I'm more of a swing trader and it's tough out there.

Come on Florida, you're lagging behind! ;)

[Florida]

Sure Albert!!!

Now you are jumping on board with the financials going up by taking FAZ short.

How am I suppose to catch you if you play the same direction as I am?

[spedridr]

Hi everyone,

I am new the the VSE thing and was wondering why its going on 42 minutes now to have have a market order filled?

thanks!

[johnlvs2run]

It's always been filled in 20 minutes for me.

[Florida]

Probably just due to the number of trades that were in system at the open. It did show your filled price at or about the price that was in play at the time you entered your orders, (in fact, it appears to be in your favor).

[spedridr]

oh ok, got it thanks!

[Thierry Martin]

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[richarab]

cant wait to get my newbie feet wet..

[Thierry Martin]

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[spedridr]

wow florida you sure came out a head the last couple days, nice! I keep kicking myself, when I go to sell something I forget to change the tab to sell, so i end up buying at the high point where i want to sell!! aaah!!

[Albert0373]

I've been sitting tight...better not pull a last minute move Florida!! :)

[Thierry Martin]

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[Florida]

I've been sitting tight...better not pull a last minute move Florida!! :)

After being down over 30% a week ago, I feel good just being in the green right now. Don't think you have to worry about the win this month, but you could do a "hail marry" type trade just to be a good sport!

[Albert0373]

Done, SLM long out of the blue.

Talk about catching a falling knife...

But definitely, great rebound!

[Thierry Martin]

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[WiqqyNYU]

Ok, i have seen profits of 30-50%

But what Albert is doing is unreal.

dude, are you on the forbes list? how are your predictions so profitable??:confused: I would love to do what you did this month,

[Albert0373]

I would never get those gains in real life, haha.

I go all in on risky trades without doing my full homework and due diligence.

Aiki got ~450k in the monthly sim once I believe, I'm trying to get that.

[XOM]

I would never get those gains in real life, haha.

I go all in on risky trades without doing my full homework and due diligence.

Aiki got ~450k in the monthly sim once I believe, I'm trying to get that.

You know this brings up a point that I've pondered in the past; when we don't have the emotion of possibly losing everything we have and just rely on instincts and gained knowledge, we tend to do much better as evidenced in the sims.

Simplicity seems to work very well in trading, I know when I first started and jumped into the oil trade I knew almost nothing except that oil was going up and way up, and I didn't of course know that for a fact, but I was convinced of it and my trades were easy in and outs in XOM and CVX, problems arose when I started seeking larger gains which required less stable companies. So after a wake up call or two I began seeking more and more knowledge but I sure do miss those days of ignorant profitable bliss with barely any work involved, back then I was actually working a regular job and trading at work in between tasks.

Anyhow, congrats on a stellar performance in the monthly.

[spedridr]

You know this brings up a point that I've pondered in the past; when we don't have the emotion of possibly losing everything we have and just rely on instincts and gained knowledge, we tend to do much better as evidenced in the sims.


:dito:guess thats why when you play w/ real money you should only play with what you can afford to loose

[Thierry Martin]

Congratulations Albert0373, and also to Florida and savli!

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