NewVeeDub Investment Challenge

[liquid]

Re: NewVeeDub Investment Challenge

How do you analyze trends for stocks? If its going up, does that mean its going to keep going up? On average this cannot be true, if you look at the overall market!

What you actually want to find is a stock that defies its trend; for example, a stock which suddently goes up. Or you can short-sell stock which suddently goes down. This is where the money is to be made (IMO).

However I am no expert (yet).

Not neccesairly. Trend analysis has more to do with Market sectors, and understanding the way certain sectors operate. Much like Ryan is doing with his "computer stocks". Also, to a degree, it's beneficial (as a day trader anyway) to take advantage of momentum. If stocks are trading high volume and increasing in value, the chances in the short term are that the stock will continue to increase. Momentum is huge.

[liquid]

Re: NewVeeDub Investment Challenge

I try to do a combo when picking stocks, examing news information, stock trading and price history and a bit of financials, which I would understand just dont have as much time. One of my last courses was a lot on efficient securities market theory so I have been trying to use that as well but who knows???

That isn't part of your CGA program is it?
You completed your CGA yet?

[Canadian Turbo]

Re: NewVeeDub Investment Challenge

That isn't part of your CGA program is it?
You completed your CGA yet?

Yes it was Accounting Theory 1 (AT1) but I am still working on my CGA have I think 5 classes left till I am done, but could be a slow year with tax time being so busy and taking a month off to get married next June.

[Aleks]

Re: NewVeeDub Investment Challenge

it appears my stock is taking a bath today.....grr....

[forkdork]

Re: NewVeeDub Investment Challenge

wOOOT

made 1000 already today.... after losing a crap load yesterday....

[Canadian Turbo]

Re: NewVeeDub Investment Challenge

Morning has been up and down for me but still working my way up a bit. If only me short sells would come around

[Aleks]

Re: NewVeeDub Investment Challenge

I'm up 700 today! great turnaround!

[Canadian Turbo]

Re: NewVeeDub Investment Challenge

Well was a tough end to the week for me, but anyway here are the numbers after the first week, a few people seem to be just coasting on interest...

US Markets

Rank User Overall Equity
1. forkdork 4.36% $52,177.73
2. CanadianTurbo 1.58% $50,791.96
3. shaunmic 0.60% $50,299.01
4. sunsolid 0.15% $50,074.15
5. stefhelm 0.14% $50,072.26
6. Aleks192 0.03% $50,014.66
7. neongti 0.01% $50,006.85
8. bdvideomagazine 0.01% $50,004.11
9. FlyBoy05 0.01% $50,002.73
10. TDI -0.25% $49,877.38

Canadian Markets

Rank User Overall Equity
1. CanadianTurbo 0.56% $50,281.63
2. sunsolid 0.40% $50,199.82
3. neongti 0.01% $50,006.85
4. bdvideomagazine 0.01% $50,004.11
5. FlyBoy05 0.01% $50,002.73
6. TDI 0.00% $50,000.00
7. shaunmic -0.11% $49,945.51
8. Aleks192 -0.19% $49,904.27
9. stefhelm -0.52% $49,741.71
10. forkdork -0.53% $49,736.08

[stefan]

Re: NewVeeDub Investment Challenge

couldnt have posted the results earlier in the day?? i just dropped like 5 places

[R_Ethug]

Re: NewVeeDub Investment Challenge

i never did sign up.. haha i'm still playing the real markets

[forkdork]

Re: NewVeeDub Investment Challenge

forkdork $53,055.22

I made a crap load today!

[Aleks]

Re: NewVeeDub Investment Challenge

mind sharing your strategy?

[stefan]

Re: NewVeeDub Investment Challenge

mind sharing your strategy?

yes.. please do

[forkdork]

Re: NewVeeDub Investment Challenge

I got mad skillz?


I really have no strategy though hahaha

[Canadian Turbo]

Re: NewVeeDub Investment Challenge

I got killed today