Tipping Competition for Full CY 2020

[Smurf1976]

Looking at recent comments, how about somewhere in the middle.

I understand Joe's need for a profitable forum. On the other hand, walk first then run not the reverse.

My suggestion:

Anyone can enter. There is no requirement in terms of past number of posts, length of time being on the forum etc.

The winner will be the person with the best performing stock picks and who has made during the course of 2021 not less than:

*30 posts in specific stock threads.

*50 posts in total.

*Posts in "General Chat" do not count toward any total for the purposes of the competition.

*For the purposes of the above, an ETF is considered to be a stock.

Examples:

Discussion of BHP or WOW - they're stocks so they're in the "stock" category.

Discussion of the S&P500 index or the price of gold or oil - Australian listed ETF's tracking it exist so it counts as a "stock".

Discussion of trading systems, general economics or international stocks not listed in Australia - counts toward the required 50 posts but does not count toward the 30 required "stock" posts.

Anything posted in "General Chat" - does not count in any way.

Just my thoughts.

 

[Dona Ferentes]

Thanks. The crazy part is, we have enough people to solve the problems we have here. We just need to focus our energies in the right areas. As an example, if every member who visited here every day took a few minutes to post in a stock thread just once each day our problem of not enough posts in stock threads would pretty much be over.

In bold !!

 

[Craton]

My 2c and mainly in reply to Joe.

Professionally (as in work duties) and personally I simply don't have the time to check here on a daily basis. There are times that I even forget that ASF exists but that's to do with what's on my plate and nothing to do with ASF per se.

ASF is the only stock forum I participate in. Before becoming a member I looked at both HC and ASF thought WTF, HC is not for me as blatant ramping was plainly evident. Where as here, one can get intelligent and concise opinion/comments/posts on not just the financial markets hence, am still here. Also, Joe rules with a fair and just fist. ;-)

In the scheme of things I'm just a self taught novice and feel I've nothing of great value to contribute but I do value the knowledge and experience of others here.

Naturally, it would be great if all members provided at least one stock post per day but the reality is that in itself, would become tedious for those who don't live and breath "finance".

Do know this, as always my approach is if I can I will post.

 

[barney]

My 2c and mainly in reply to Joe.

Naturally, it would be great if all members provided at least one stock post per day but the reality is that in itself, would become tedious for those who don't live and breath "finance".

Hi @Craton ..... I think most of us have times during the year when time to post becomes difficult (just had mine last month or so)

I see you have been at ASF for around 7 years with around 700 posts ..... That fits the "qualifying criteria" for the Yearly Comp in my book.

We pick 4 Stocks and simply average 1 post per Stock per Month = 48 Posts per year (in either chosen Stocks or any stock threads)

You are already doing that so all good.

An average of 1 Post per week over a 12 month period for 99% of Punters will not be difficult I'm sure. A couple of machine gun posters around here have been known to post 48 Posts in a month ? (Names not mentioned to protect their marriages!)

PS Where do we post this year's entries @Joe Blow
Cheers.

 

[Joe Blow]

Sorry guys, I've gone camping for a couple of days so I'm on my phone. It's tough to quote long posts on a mobile device so I'll just make a few quick comments.

@Craton - If there is a perception that all posts in stock threads need to be technical or fundamental analysis then I would like to dispel that. It is just as important to provide updates that relate to corporate developments, financials and earnings forecasts etc. Any price sensitive announcement is an excuse to provide an update. Information is just as important as analysis and I encourage both.

@barney - There is a 2021 entry thread pinned to the top of the ASX Stock Chat forum. I have done a poor job of promoting it this year. I will set up a sitewide notice when I get home tomorrow but please keep posting entries in the meantime to keep the thread visible.

 

[Craton]

I hear you Joe, thanks for the reply.

 

[barney]

There is a 2021 entry thread pinned to the top of the ASX Stock Chat forum.

Thanks Joe ... I finally "saw" it even though it was right in front of my face ... doh!

ps Hope you had a good time camping ?

 

[peter2]

Provisional* winners of the CY 2020 competition are . . . . . . . . . .
* Joe declares all prize winners if there's no queries regarding final results.

1st: @finicky +472%

2nd: @Kaya +442%

3rd: @asxpunter +151%

Congratulations to this years runaway top 2 who both selected the years best performing stock CHN (+1633%).

December highlights:
@oilleak gained 38% to finish fourth.
@Black Eugene gained 40% with CPH.

Competitors above Zero: 83/118 (70%) Higher than last month
Competitors above XAO: 82/118 (69%) Higher than last month



and on the second page.....

 

[peter2]

Competitors above Zero: 83/118 (70%) Higher than last month
Competitors above XAO: 82/118 (69%) Higher than last month

I think those numbers are pretty impressive for such a large number of competitors. The average of all competitors are shown on the graph.
ASF as a group are +30% above the XAO.

 

[Joe Blow]

Well, the results are officially in. The 2020 stock tipping competition has been decided and the winners are:

First Place: @finicky
Second Place: @Kaya
Third Place: @asxpunter

A hearty congratulations to all the winners! It was another great competition in a very chaotic year for the market as a result of COVID-19, which none of us would have suspected on Jaunary 1 this year.

If the competition winners could send me a PM I will organise your prize money.

Once again, many thanks to @peter2 for his amazing efforts in maintaining the competition during 2020 and keeping us all updated each month.

To those who didn't win, 2021 could be your year! Please post your entries in the Tipping Competition for Full CY 2021 thread and lets make the 2021 competition an exciting one!

 

[finicky]

Wow, that's a shock, I thought Kaya had well reeled me in with late spurts from NAN and XRO whereas my BC8 had been correcting a rally from earlier in the year. Thankyou so much to ASF, the sponsor, peter2, debtfree (for monthly comp contributions)
To all you losers I fully concede that I fluked it with CHN in my picks as I was into CHN for its Bendigo North prospects not Julimar.

 

[Knobby22]

Thought I still had a chance in November but MSB broke the wrong way.
Congrats finicky, very good tips.

 

[Craton]

Umm... peter2. I note that for me that THC is showing 38c but it finished at 23.5c. Not checked the others as have guests arriving and in need to serve up the "refreshments".

 

[peter2]

Thanks @Craton . Considering all the data entry is manual I'm pleased with the very low number of mistakes.

 

[frugal.rock]

To all you losers I fully concede that I fluked it

Congratulations Sir finicky.
Now, we just need you to fluke win the monthly comp with MBK.
Please? lol
Cheers.

 

[noirua]

What might, from another website, attract more people to post on the stock website is some form of header on each comprising of three charts. One daily that is live, a second short term, and lastly a longer-term chart. Also, live news announcements.

On clicking on a specific epic, BOA, for instance, the page coming up would contain more recent posts or the last posts made together with charts and news announcements. This might prove costly in Australia while elsewhere it is easier to get away with.

Another way around paying anything is to have links to click-on as they are always up to date. In fact that is easy by getting the information for Australia indirectly from another country's website.

Boadicea Resources (BOA) Share Price

Boadicea Resources (BOA) share price, charts, trades & the UK's most popular discussion forums. Free forex prices, toplists, indices and lots more.

uk.advfn.com

https://uk.advfn.com/p.php?pid=staticchart&s=ASX^BOA&p=0&t=1

https://uk.advfn.com/p.php?pid=staticchart&s=ASX%5EBOA&p=3&t=1

https://uk.advfn.com/p.php?pid=staticchart&s=ASX%5EBOA&p=5&t=1

It does depend on the software setup and it very much easier said than done by a massive margin.
Each country varies from websites I go to and Australia fortunately or unfortunately, depending on where you stand, is more difficult than others. More likely to be jumped on if rules, regulations, and breaches occur.

Certainly, in a few countries, they allow posts that offer advice, and the owners of websites appear to just ignore them. Language and accusations and manner of posting is often beyond belief.

 

[Joe Blow]

What might, from another website, attract more people to post on the stock website is some form of header on each comprising of three charts. One daily that is live, a second short term, and lastly a longer-term chart. Also, live news announcements.

On clicking on a specific epic, BOA, for instance, the page coming up would contain more recent posts or the last posts made together with charts and news announcements. This might prove costly in Australia while elsewhere it is easier to get away with.

Unfortunately, ASX stock price and announcement data are both subject to very expensive licensing fees, payable the the ASX, in order to display them on a website. Thousands of dollars a month just to get started. As far as I'm aware, Australia is the only country where this is the case.

A website's traffic has no bearing on the amount of fees payable, which remains a sore point with me.

 

[oilleak]

Looking at recent comments, how about somewhere in the middle.

I understand Joe's need for a profitable forum. On the other hand, walk first then run not the reverse.

My suggestion:

Anyone can enter. There is no requirement in terms of past number of posts, length of time being on the forum etc.

The winner will be the person with the best performing stock picks and who has made during the course of 2021 not less than:

*30 posts in specific stock threads.

*50 posts in total.

*Posts in "General Chat" do not count toward any total for the purposes of the competition.

*For the purposes of the above, an ETF is considered to be a stock.

Examples:

Discussion of BHP or WOW - they're stocks so they're in the "stock" category.

Discussion of the S&P500 index or the price of gold or oil - Australian listed ETF's tracking it exist so it counts as a "stock".

Discussion of trading systems, general economics or international stocks not listed in Australia - counts toward the required 50 posts but does not count toward the 30 required "stock" posts.

Anything posted in "General Chat" - does not count in any way.

Just my thoughts.

Its probably been mentioned before apologies if it has......but....

Would an email sent to posters everytime someone posts in threads they are watching/posting in be useful ?

Hard to set up ?

As for number of posts .....If we must.....I think putting a number on posts per selection would lead to a lot of repetitive drivel on the same comany every week/month as the case maybe....

ie....Three people pick NMT and have to post every week/month....

So for me....overall posts would be the go ....not per selection.

 

[Trav.]

Would an email sent to posters everytime someone posts in threads they are watching/posting in be useful ?

@oilleak you can update your preferences to receive notifications. Have a play around with this and the Push Notifications which is a newer style of notification instead of the email, but each to their own

 

[Craton]

Thanks @Craton . Considering all the data entry is manual I'm pleased with the very low number of mistakes.

Gotta luv typos, lol.
Thanks for the most excellent work you do here mate. Fully appreciated not only by myself, and I'm sure many other members.