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Enough sour grapes here to turn the sweetest wine to vinegar!
Trading Matters Challenge
- Thread starter Wysiwyg
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Yes there are Government rules and regulations. I did read the legislation, (which I hate, it's like flossing your teeth with a rip saw blade.) and from my understanding of the legislation the promotors broke plenty.
The NSW Office of Liquor Gaming and Racing are investigating, how deep it will be is anybodies guess, it will most likely depend on the number of complaints made. My experience in life is that we are ruled by gangsters and controlled by goons so the final outcome will be determined by how much the gangsters get out of it.
I would think the finalists and those prematurely removed have a claim, after all not a lot about this competition was open, fair and aboveboard. I would say all players were exploited.
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We live by rules or we don't, I'll live by either, which would you rather.
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The worst offenders for constant rule changing would have to be the Australian Taxation Office, followed closely by our corporate governance watchdogs, not to mention NCOP and wages systems We live within these constantly changing rules and change strategies to suit, same same
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You make my point exactly, one would have thought using gaming to exploit people was a step to far.
I don't give out my personal information lightly, but I can be enticed to do so when a $260,000.00 prize is on offer, just be fair, open and aboveboard. If not I will persue any and all avenues open to me.
Thanks RamPage - you mention 'fair, open and aboveboard' - here's the definitions of these words.............can you and everybody else eliminated honestly say that the 'way' in which you participated in the game clearly meets these definitions?
fair 1 (fâr)
adj. fair•er, fair•est
1. Of pleasing appearance, especially because of a pure or fresh quality; comely.
2.
a. Light in color, especially blond: fair hair.
b. Of light complexion: fair skin.
3. Free of clouds or storms; clear and sunny: fair skies.
4. Free of blemishes or stains; clean and pure: one's fair name.
5. Promising; likely: We're in a fair way to succeed.
6.
a. Having or exhibiting a disposition that is free of favoritism or bias; impartial: a fair mediator.
b. Just to all parties; equitable: a compromise that is fair to both factions.
7. Being in accordance with relative merit or significance: She wanted to receive her fair share of the proceeds.
8. Consistent with rules, logic, or ethics: a fair tactic.
9. Moderately good; acceptable or satisfactory: gave only a fair performance of the play; in fair health.
10. Superficially true or appealing; specious: Don't trust his fair promises.
11. Lawful to hunt or attack: fair game.
12. Archaic Free of all obstacles.
adv.
1. In a proper or legal manner: playing fair.
2. Directly; straight: a blow caught fair in the stomach
o•pen ( p n)
adj.
1.
a. Affording unobstructed entrance and exit; not shut or closed.
b. Affording unobstructed passage or view: open waters; the open countryside.
2.
a. Having no protecting or concealing cover: an open wound; an open sports car.
b. Completely obvious; blatant: open disregard of the law.
c. Carried on in full view: open warfare; open family strife.
d. Sports Not closely defended by an opponent: an open receiver.
3.
a. Not sealed or tied: an open package.
b. Spread out; unfolded: an open book.
4. Having interspersed gaps, spaces, or intervals: open ranks; an open weave.
5.
a. Accessible to all; unrestricted as to participants: an open competition.
b. Free from limitations, boundaries, or restrictions: open registration.
c. Enterable by registered voters regardless of political affiliation: an open primary.
d. Computer Science Of or relating to a file that can be accessed.
6.
a. Lacking effective regulation: an open town in which gambling predominated.
b. Not legally repressed: open drug trafficking.
7.
a. Susceptible; vulnerable: open to interpretation; an issue that is open to question.
b. Willing to consider or deal with something: open to suggestions.
8.
a. Available; obtainable: The job is still open.
b. Available for use: an open account; the only course open to us.
9. Ready to transact business: The store is open.
10. Not engaged or filled: has an open hour for emergency cases.
11. Not yet decided; subject to further thought: an open question.
12.
a. Characterized by lack of pretense or reserve; candid: Please be open with me. See Synonyms at frank1.
b. Free of prejudice; receptive to new ideas and arguments: She listened to the proposal with an open mind.
c. Generous: He is very open with his time.
13. Printing
a. Widely spaced or leaded. Used of typeset or other printed matter.
b. Having constituent elements separated by a space in writing or printing: The word sea horse is an open compound.
14. Music
a. Not stopped by a finger. Used of a string or hole of an instrument.
b. Produced by an unstopped string or hole or without the use of slides, valves, or keys: an open note on a trumpet.
c. Played without a mute: an open wind instrument.
15. Linguistics
a. Articulated with the tongue in a low position, as the vowel in far.
b. Ending in a vowel or diphthong: an open syllable.
16. Designating a method of punctuation in which commas and other marks are used sparingly.
17. Being in operation; live: an open microphone.
18. New England Clear. Used of weather. See Regional Note at fair1.
19. Electricity Containing a gap across which electricity cannot pass: an open circuit.
20. Mathematics
a. Of or relating to an interval containing neither of its endpoints.
b. Of or being a set such that at least one neighborhood of every point in the set is within the set.
c. Of or being a set that is the complement of a closed set.
21. Sports
a. Having the forward foot farther from the intended point of impact with the ball than the rear foot: an open batting stance.
b. Held or swung with the top or outer edge of the striking face pointing slightly farther away from the objective than the lower or inner edge: The club struck the ball with an open face, causing a slice.
a•bove•board ( -b v bôrd , -b rd )
adv. & adj.
Without deceit or trickery; straightforward
fair 1 (fâr)
adj. fair•er, fair•est
1. Of pleasing appearance, especially because of a pure or fresh quality; comely.
2.
a. Light in color, especially blond: fair hair.
b. Of light complexion: fair skin.
3. Free of clouds or storms; clear and sunny: fair skies.
4. Free of blemishes or stains; clean and pure: one's fair name.
5. Promising; likely: We're in a fair way to succeed.
6.
a. Having or exhibiting a disposition that is free of favoritism or bias; impartial: a fair mediator.
b. Just to all parties; equitable: a compromise that is fair to both factions.
7. Being in accordance with relative merit or significance: She wanted to receive her fair share of the proceeds.
8. Consistent with rules, logic, or ethics: a fair tactic.
9. Moderately good; acceptable or satisfactory: gave only a fair performance of the play; in fair health.
10. Superficially true or appealing; specious: Don't trust his fair promises.
11. Lawful to hunt or attack: fair game.
12. Archaic Free of all obstacles.
adv.
1. In a proper or legal manner: playing fair.
2. Directly; straight: a blow caught fair in the stomach
o•pen ( p n)
adj.
1.
a. Affording unobstructed entrance and exit; not shut or closed.
b. Affording unobstructed passage or view: open waters; the open countryside.
2.
a. Having no protecting or concealing cover: an open wound; an open sports car.
b. Completely obvious; blatant: open disregard of the law.
c. Carried on in full view: open warfare; open family strife.
d. Sports Not closely defended by an opponent: an open receiver.
3.
a. Not sealed or tied: an open package.
b. Spread out; unfolded: an open book.
4. Having interspersed gaps, spaces, or intervals: open ranks; an open weave.
5.
a. Accessible to all; unrestricted as to participants: an open competition.
b. Free from limitations, boundaries, or restrictions: open registration.
c. Enterable by registered voters regardless of political affiliation: an open primary.
d. Computer Science Of or relating to a file that can be accessed.
6.
a. Lacking effective regulation: an open town in which gambling predominated.
b. Not legally repressed: open drug trafficking.
7.
a. Susceptible; vulnerable: open to interpretation; an issue that is open to question.
b. Willing to consider or deal with something: open to suggestions.
8.
a. Available; obtainable: The job is still open.
b. Available for use: an open account; the only course open to us.
9. Ready to transact business: The store is open.
10. Not engaged or filled: has an open hour for emergency cases.
11. Not yet decided; subject to further thought: an open question.
12.
a. Characterized by lack of pretense or reserve; candid: Please be open with me. See Synonyms at frank1.
b. Free of prejudice; receptive to new ideas and arguments: She listened to the proposal with an open mind.
c. Generous: He is very open with his time.
13. Printing
a. Widely spaced or leaded. Used of typeset or other printed matter.
b. Having constituent elements separated by a space in writing or printing: The word sea horse is an open compound.
14. Music
a. Not stopped by a finger. Used of a string or hole of an instrument.
b. Produced by an unstopped string or hole or without the use of slides, valves, or keys: an open note on a trumpet.
c. Played without a mute: an open wind instrument.
15. Linguistics
a. Articulated with the tongue in a low position, as the vowel in far.
b. Ending in a vowel or diphthong: an open syllable.
16. Designating a method of punctuation in which commas and other marks are used sparingly.
17. Being in operation; live: an open microphone.
18. New England Clear. Used of weather. See Regional Note at fair1.
19. Electricity Containing a gap across which electricity cannot pass: an open circuit.
20. Mathematics
a. Of or relating to an interval containing neither of its endpoints.
b. Of or being a set such that at least one neighborhood of every point in the set is within the set.
c. Of or being a set that is the complement of a closed set.
21. Sports
a. Having the forward foot farther from the intended point of impact with the ball than the rear foot: an open batting stance.
b. Held or swung with the top or outer edge of the striking face pointing slightly farther away from the objective than the lower or inner edge: The club struck the ball with an open face, causing a slice.
a•bove•board ( -b v bôrd , -b rd )
adv. & adj.
Without deceit or trickery; straightforward
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Yes I can, I played within the rules of the terms & conditions.
The way I played was available to each and every player.
I played within the limits of the software that the promotors created.
The promotor's reasons for removal with my answer in brackets.
User name RamRage was deemed as inappropriate (what is wrong with that name, spelling should have been RamPage)
Use of a live trading system (such as online services as E – Trade and CMC) (most players were using online trading systems)
Making small 1c gains (terms & conditions did not state that a player had to make more than 1c per share per trade and this is legitimate on the real market.)
Trading lower priced stocks such as Telstra and McQuarie Infrastructure. (I would not consider them lower priced stocks, nor did T&Cs state such)
Detecting quantities available for buying and selling. (CNBC & ETrade would have known before the competition started, that trades in the competition completed on any transaction in the real market. Also the T&Cs stated that one of the criteria for determining the winner was by the most trades, so that must have been legitimate.)
The number of rule changes after the start of the competition, I would have though were of concern to the department, maybe not.
The only exploitation occuring within this game was from CNBC & ETrade, duping people into providing EMail addresses to exploit later, collecting viewers for CNBC and Users for ETrade.
The way I played was available to each and every player.
I played within the limits of the software that the promotors created.
The promotor's reasons for removal with my answer in brackets.
User name RamRage was deemed as inappropriate (what is wrong with that name, spelling should have been RamPage)
Use of a live trading system (such as online services as E – Trade and CMC) (most players were using online trading systems)
Making small 1c gains (terms & conditions did not state that a player had to make more than 1c per share per trade and this is legitimate on the real market.)
Trading lower priced stocks such as Telstra and McQuarie Infrastructure. (I would not consider them lower priced stocks, nor did T&Cs state such)
Detecting quantities available for buying and selling. (CNBC & ETrade would have known before the competition started, that trades in the competition completed on any transaction in the real market. Also the T&Cs stated that one of the criteria for determining the winner was by the most trades, so that must have been legitimate.)
The number of rule changes after the start of the competition, I would have though were of concern to the department, maybe not.
The only exploitation occuring within this game was from CNBC & ETrade, duping people into providing EMail addresses to exploit later, collecting viewers for CNBC and Users for ETrade.
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It's over. Would the last person out, please turn off the lights.
(Mod?)
(Mod?)
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What, you don't like the topic fo conversation or does the light hurt your eyes.
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