Australian (ASX) Stock Market Forum

Trading Matters Challenge

unfortunately(or fortunately, depending on how you look at it) i have a business to run, and since theres no way i wont make the finals, its now only about who will go into the finals as favourite, so to spend another hour chasing 5 or 10 thousand is not always worth the time.
if the markets are all green on monday ill give it a good shot at the no 1 spot again, otherwise i think ill just cruise in , no risks.
mikat

mikat, what did you stop trading for, there was at least another $5,000.00 in it for you.

RamPage.
 
I thought you kept the same portfolio though the finals.
Do you start from scratch.

RamPage.


Yup. Everyone starts the finals with the same amount.

My place in the game is still up for sale if ya want it rampage .. it costs more now though :)

cheers
Mouse
 
I found it.

At the beginning of the Finals, the portfolio value for each Finalist will revert to One Hundred Thousand (100,000) CNBC Dollars.

RamPage.
 
So where's everyone in the rankings?

I've clawed my way back to be breathing down wysiwyg's neck again at 224 with $438,514.97.

We should almost have a bet on what position or order the ASF members will end in.

cheers
Mouse
 
Well look at that, all top ten players are using the same strategy as I was.
Watch out for reset.

RamPage.

I have no doubt that at least 6-7 of the top 10 players are simply consistently scalping the spread and taking advantage of the "loophole" RamPage. If any of them could legitimately trade the market like that, they'd be earning enough for a new Maserati each week, and certainly wouldn't need to worry about a "real job", or the competition for that matter.

I must admit that from an observers point of view it would be interesting to hear why some are allowed to continue, and others not, and how their "play" has differed. I hope for transparency, the organisers make a public clarification of what is allowed, and not allowed, especially before the final.

I short term trade/scalp for a living, have done for 5+ years. I make many, many real trades a day, so don't have time to focus full time on the comp, but trade where I can in it.

Come finals time, I hope the rules are made very clear, and hopefully adjusted to more fully reflect the possibilities trading in the real market.
 
I have no doubt that at least 6-7 of the top 10 players are simply consistently scalping the spread and taking advantage of the "loophole" RamPage. If any of them could legitimately trade the market like that, they'd be earning enough for a new Maserati each week, and certainly wouldn't need to worry about a "real job", or the competition for that matter.

I must admit that from an observers point of view it would be interesting to hear why some are allowed to continue, and others not, and how their "play" has differed. I hope for transparency, the organisers make a public clarification of what is allowed, and not allowed, especially before the final.

I short term trade/scalp for a living, have done for 5+ years. I make many, many real trades a day, so don't have time to focus full time on the comp, but trade where I can in it.

Come finals time, I hope the rules are made very clear, and hopefully adjusted to more fully reflect the possibilities trading in the real market.

I would agree with that in total.

RamPage.
 
That is the most common mistake people make with me.
Under estimation.

Just wave as I go by, early Mon. morning mouse.

RamPage.
 
That is the most common mistake people make with me.
Under estimation.

Just wave as I go by, early Mon. morning mouse.

RamPage.

Uh huh, and are you sure you're not underestimating the mouse?

What is your current portfolio worth?

cheers
Mouse
 
I'm guessing he is either Cool Trader or Flame. A question RamPage, if you've already been evicted for trading in this manner, don't you think there's a fair chance you'll get evicted again? And if they have suggested it's against the spirit of the game, why continue in the same way.

I gather you don't need morals driving a Maserati.
 
45 Mr Camouflage $134,547.60 $343,348.81 $477,896.41

I expect to drop about 30 places when fridays answer becomes public knowledge. Missing one of the 10 grand questions really hurt my portfolio this week.
 

i would have to say that 10 out of 10 of the top ten players are scalping the market.
there isnt any "loophole" the only reason it works in this game is because you dont have to get in a que to buy and sell.
, i consistly make gains of several cents in mid cap stocks, and make gains, and losses of $1000 to $20000, so its not lways scalping, its just picking stocks that are going up at different times in the day
the other difference is that in real life you wouldnt bet $170,000 on CNP to go up a couple of cents, but in this game if you lose $20000 you can make it back . or not and not lose any sleep.
the rules come the finals are the same for every body, and every one goes back to $100,000, which for the scalpers makes it hard to make any profits,on such low equity

I have no doubt that at least 6-7 of the top 10 players are simply consistently scalping the spread and taking advantage of the "loophole" RamPage. If any of them could legitimately trade the market like that, they'd be earning enough for a new Maserati each week, and certainly wouldn't need to worry about a "real job", or the competition for that matter.

I must admit that from an observers point of view it would be interesting to hear why some are allowed to continue, and others not, and how their "play" has differed. I hope for transparency, the organisers make a public clarification of what is allowed, and not allowed, especially before the final.

I short term trade/scalp for a living, have done for 5+ years. I make many, many real trades a day, so don't have time to focus full time on the comp, but trade where I can in it.

Come finals time, I hope the rules are made very clear, and hopefully adjusted to more fully reflect the possibilities trading in the real market.
 
cool trader 81% on 9 red days in a row,please hes having a massive tug!

if he dont get lifted this game is not worth 2 bob,i know how its being done

but wont do it as it is not the go,lets see what happens,you got the answer

mouse,thx...
 
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