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Trading Matters Challenge

tigerboi,

That was a pretty detailed trading log, where did that come from.

etrade pro, mate...pretty good ay?course of trades,tabular history,name a

stock,day & time....can tell you what its price was...tb
 
Anybody who thinks they cant affect a stocks price with a few bucks????

go take a look at SUL supa cheap auto trades,100% the leader of the comp

was trading sul today,quite ironic when a maserati is on the line supa cheap

is being manipulated..its obvious the trades are not legit,shame the game has

gone this way..its not the only stock being rorted for the game...tb
 

yeah,a lot of single share buys in SUL ,i guess with such a great prize on offer
"the spirit of the game" was always going to be challenged by the more determined and ruthless among us.
we saw it early on with the refferals farce now people are using real money for game gains,why didnt i use this tactic, dammit!
 
HeHeHeHe,
That's the market, ain't it great.
Imagine the manipulation occuring in the big trading rooms.
 
 
Mikat, it is the finals now, you may start when ready.

Are you able to tell us what is happening with you? You and dash easily led the comp for the past 10 weeks with a very consistent and profitable trading strategy. dash is has continued on, but you?

We saw Alan's mug on TM tonight.
 
different type of trading was called for in the finals thats why i didnt think

mikat could win & i was 100% certain after seeing his trading history,i went

for alanmcg2 aka spider61 on here because of his consistency but watch for

mikat to come good in the next few days,apart from all that the comp has

turned into a complete farce with players manipulating stocks for gains in the

game,so dont be surprised if the runner up lodges a protest,if it was me i

would lodge a protest,its not hard to cheat but its harder to win with skill

i would expect some will be disqualified once its over...tb
 
"different type of trading was called for in the finals..."

Strongly disagree with you. All of the top ten were scalping as many times/day as they could. The weekly winners happened to hold a few of the stocks that made bigger gains during that week.

A two week final will suit the scalpers. At 200-300/scalp even 25 trades/day will earn about 6K/day.

I can't disagree with your other comments, though. It is a big prize.
 
playing the finals is a totally different way of playing than the ten weeks prior.
with only 25 trades, thats only 12 stocks a day you can buy then sell, and with only $20,000 per stock, it means that you need to be able to pick exactly which stock will run.
in the play offs i didnt really get any gains till i had $200,000 to use, then grew expodentially off the increased equity.
the finals mean that you need to buy a stock that will improve overnight, and to do this is a skill i dont have, as i day trade, and never hold overnight.
there are also player(s) cheating still by manipulating the real market. im not going to , and every day this week has seen the overall market down, so picking stocks that will move more than 1 tick is pretty hard.
the 10 week play offs i could trade any stock many times for a small margin, but the finals is really limited to stocks about 50c or less, and this week they are just going sideways.
i might make a recovery , ive had two good days up about 8000, only to lose it overnight by picking the wrong stock
 

How can you scalp with a 5 to 20 minute delay?During the comp. i placed a limit order at .295 on SDL and i got the transaction at .30 (not .295) ten minutes later.With the time lapse in transactions anyone scalping and winning is with slight of hand from somewhere .
 
A sample of my scalpimg before they decided I was excess to requirements.

9/01/2008 15:59 TRADE SELL MIG 3.1700 40000 $400.00
9/01/2008 15:59 TRADE SELL LGL 3.9400 32384 $323.84
9/01/2008 15:56 TRADE BUY LGL 3.9300 32384 $0.00
9/01/2008 15:55 TRADE BUY MIG 3.1600 40000 $0.00
9/01/2008 15:53 TRADE SELL LGL 3.9400 32384 $323.84
9/01/2008 15:53 TRADE SELL MIG 3.1700 40000 $400.00
9/01/2008 15:50 TRADE SELL TLS 4.5600 28049 $280.49
9/01/2008 15:49 TRADE BUY LGL 3.9300 32384 $0.00
9/01/2008 15:48 TRADE BUY MIG 3.1600 40000 $0.00
9/01/2008 15:47 TRADE BUY TLS 4.5500 28049 $0.00
9/01/2008 15:45 TRADE SELL LGL 3.9400 32384 $323.84
9/01/2008 15:43 TRADE SELL TLS 4.5600 28052 $280.52
9/01/2008 15:43 TRADE SELL MIG 3.1700 40000 $400.00
9/01/2008 15:41 TRADE BUY TLS 4.5500 28052 $0.00
9/01/2008 15:40 TRADE SELL TLS 4.5500 28052 $280.52
9/01/2008 15:38 TRADE BUY LGL 3.9300 32384 $0.00
9/01/2008 15:36 TRADE BUY TLS 4.5400 28052 $0.00
9/01/2008 15:35 TRADE BUY MIG 3.1600 40000 $0.00
9/01/2008 15:35 TRADE SELL LGL 3.9500 32202 $322.02
9/01/2008 15:35 TRADE SELL TLS 4.5500 28000 $280.00
9/01/2008 15:33 TRADE BUY TLS 4.5400 28000 $0.00
9/01/2008 15:32 TRADE BUY LGL 3.9400 32202 $0.00
9/01/2008 15:31 TRADE SELL TLS 4.5500 28000 $280.00
9/01/2008 15:30 TRADE BUY TLS 4.5400 28000 $0.00
9/01/2008 15:29 TRADE SELL TLS 4.5500 28000 $280.00
9/01/2008 15:25 TRADE BUY TLS 4.5400 28000 $0.00
9/01/2008 15:24 TRADE SELL LGL 3.9500 32202 $322.02
9/01/2008 15:22 TRADE BUY LGL 3.9400 32202 $0.00
9/01/2008 15:20 TRADE SELL TLS 4.5500 27900 $558.00
9/01/2008 15:20 TRADE SELL LGL 3.9400 32202 $0.00
9/01/2008 15:19 TRADE BUY TLS 4.5300 27900 $0.00
 
the trading game platform would not let .005c change, so .295 would always round up.
there was no delay in the price you were trading at, thats why the leaders were leading, we all had live data. the 20 min delay was how long it took to uopdate your portfolio, thats all.
so all scalpers would scalp min of 1c not .05c

 

Are you using live data mikat.
 
Just listening to the news.
Australian logic, blow the cr@p out of Iraqi families but don't hurt the whales. go figure.
 

strongly disagre?most of the weekly winners got nowhere near the top 500

before the $250,00 rule all you had to do was run your account down to

say $10,000 then 5 questions without trading is 600% wow weekly winner

as to the finals it didnt mean you couldnt scalp it just meant now you gotta

buy supa cheap auto as well,what a joke!its a different type of game where

unless you are cheating most of your gains are on open,with 25 trades you

cant make the same % gains as what you can on big opens,i didnt scalp in

the game,missed 4 questions,i would have finished 16th,i dont believe that

scalping was how the game was meant to be played & that showed up with

mikat taking until the 3rd last day of the regular game to make a bigger profit

on the 1 stock $45,000 v $38,000 & i had 50% less money...tb
 
The "Game"(hardly) software was programed to complete a scalp on a scalp on the real market, that was the trigger, any transaction on the real market triggered a transaction in the game. The programmers new that and the promotors would have known that.
The size of the transaction on the real market did not matter.
That being the case the winner was always giong to be the player who could scalp the fastest using the 20% rule and the lowest priced stock.
Those who were discriminated against were most probably not using ETrade, although CNBC said that using live data to assist was not allowed.
A winner using say CMC would not have been a good look on the winner's podium for ETrade.
 
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