Author Topic: I challenge you to a stock simulation challenge  (Read 38855 times)

AmandaS1989

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Re: I challenge you to a stock simulation challenge
« Reply #100 on: May 09, 2016, 12:16:50 PM »
2nd place ain't bad.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #101 on: May 09, 2016, 12:18:45 PM »
2nd place ain't bad.
If you're not first your last!

lol just kidding

AmandaS1989

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Re: I challenge you to a stock simulation challenge
« Reply #102 on: May 09, 2016, 12:21:58 PM »
Lol I know plenty of people who believe that. They're pretty miserable too.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #103 on: May 09, 2016, 12:27:58 PM »
Lol I know plenty of people who believe that. They're pretty miserable too.
except during those few times when they win

AmandaS1989

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Re: I challenge you to a stock simulation challenge
« Reply #104 on: May 09, 2016, 12:29:45 PM »
Those times are very few and far between. And they even manage to be pissed off by the wins. I don't know how they haven't exploded from the pressure.

2Birds1Stone

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Re: I challenge you to a stock simulation challenge
« Reply #105 on: May 09, 2016, 01:21:31 PM »
w00h00!

I'm just swing trading NUGT/DUST :)

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #106 on: May 09, 2016, 02:36:48 PM »
I really hate the Investopedia system. It keeps screwing me on trades. Like today, I submitted an order to purchase puts at market price and it never filled it. The stock is currently down 20% after hours. It's a market order! It should always execute on a decently liquid stock. Usually I would have a limit order, but this damn system doesn't fill orders so often I just wanted to make sure it would go through. So I missed out on $20,000 worth of gains so far. And to make things worse, I bet it's going to fill it tomorrow when the put prices skyrocket, so I'll possibly lose money on the damn thing instead of being way up.

I get that it's a free service, but if you're going to have a system it should be able to fill orders. It's really not that hard.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #107 on: May 09, 2016, 03:51:30 PM »
I really hate the Investopedia system. It keeps screwing me on trades. Like today, I submitted an order to purchase puts at market price and it never filled it. The stock is currently down 20% after hours. It's a market order! It should always execute on a decently liquid stock. Usually I would have a limit order, but this damn system doesn't fill orders so often I just wanted to make sure it would go through. So I missed out on $20,000 worth of gains so far. And to make things worse, I bet it's going to fill it tomorrow when the put prices skyrocket, so I'll possibly lose money on the damn thing instead of being way up.

I get that it's a free service, but if you're going to have a system it should be able to fill orders. It's really not that hard.
If you can find something similar that is better, we can switch to it for MMM Contest 3, after MMM Contest 2 is done

jbhernandez

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Re: I challenge you to a stock simulation challenge
« Reply #108 on: May 09, 2016, 05:37:29 PM »
I'm just trying to beat the S&P. Two days and I'm up a little, currently in 4th place (jbhdez), I'll take that!

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #109 on: May 09, 2016, 06:36:59 PM »
Even though it's after hours, it still won't let me cancel the pending trade (which I submitted an hour before the market close). Looks like it's going to force me to buy the puts tomorrow--but at 4x the price when I submitted the order.

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #110 on: May 12, 2016, 10:59:50 AM »
I'm doing so terribly that I think this game might actually cure me of stock-picking forever. Even though I only ever do it "for fun" with a small amount of money.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #111 on: May 12, 2016, 11:19:01 AM »
Ya, I tried to buy apple at 93 about a week ago or less, and I got it for 96 instead, and now it's at 89. Huge loss. I also just bought some Lending Club and it has been continuing to drop

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #112 on: May 12, 2016, 11:24:52 AM »
Ya, I tried to buy apple at 93 about a week ago or less, and I got it for 96 instead, and now it's at 89. Huge loss. I also just bought some Lending Club and it has been continuing to drop

Yeah, I bought both of those too.

For $5 I'll warn you in advance about which stocks I'm going to buy so you can short them...

jbhernandez

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Re: I challenge you to a stock simulation challenge
« Reply #113 on: May 12, 2016, 01:15:39 PM »
I'm doing so terribly that I think this game might actually cure me of stock-picking forever. Even though I only ever do it "for fun" with a small amount of money.

Hopefully some of your holdings have come back since 11AM was just about the low of the day!

I was planning to sell GOOGL, on the pullback to the opening price, but now I'm thinking of adding some ahead of the tech conference next week.

BTW, Noticed you like concerts!
Check out http://makemusicny.org/ coming up 6/21!

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #114 on: May 12, 2016, 07:37:37 PM »
I got back out of the hole finally! My current 42% annual return feels a lot better than the -98% annual return I had as of Monday.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #115 on: May 12, 2016, 07:50:43 PM »
I got back out of the hole finally! My current 42% annual return feels a lot better than the -98% annual return I had as of Monday.
You got out of the hole and I jumped in the gap you left, dang lending club

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #116 on: May 13, 2016, 09:16:55 AM »
I got back out of the hole finally! My current 42% annual return feels a lot better than the -98% annual return I had as of Monday.
You got out of the hole and I jumped in the gap you left, dang lending club

There is balance in the universe :)

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #117 on: May 13, 2016, 09:17:04 AM »
I bought lending club too cause it was at a 52 week low lol.  I guess now its at a 52 week low-er.

Also I think this has opened my eyes to the need for diversification.   Right now in real life, I'm all US equities (Through low cost index...).   I really think I'm going to sit down, develop a good IPS that has good diversification with INTERNATIONAL exposure and stick to it.     My current allocation of 100% US equities seems very foolish now. 


Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #118 on: May 13, 2016, 09:25:01 AM »
I bought lending club too cause it was at a 52 week low lol.  I guess now its at a 52 week low-er.

Also I think this has opened my eyes to the need for diversification.   Right now in real life, I'm all US equities (Through low cost index...).   I really think I'm going to sit down, develop a good IPS that has good diversification with INTERNATIONAL exposure and stick to it.     My current allocation of 100% US equities seems very foolish now.
I don't think it's fair to say that if one stock does bad, that a fund with thousands of diversified stocks is not safe. The thousands of stocks might not be 100% safe, but the correlation between that and 1 stock doing bad are so low that they shouldn't be considered together.

http://jlcollinsnh.com/2012/09/26/stocks-part-xi-international-funds-2/
You have some international exposure already, you could add more if you like though.

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #119 on: May 13, 2016, 09:49:07 AM »
Seems like the rankings are stuck again. Still showing 5/11. Hopefully Investopedia doesn't need a reminder every single time to update.

My portfolio is actually up today! And my annual return is all the way up to -83% after a stock jumped 13% and I sold it to lock in some profit. Good thing this challenge is only a few months. I won't have time to lose all my money.

Now what should I do with the cash from that sale. Maybe I'll buy more LC, surely it's at it's real 52-week low by now ;-)

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #120 on: May 16, 2016, 10:39:23 AM »
doubling down on lending club.... buying a bunch more of it. Good thing this isn't real money

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #121 on: May 16, 2016, 10:51:47 AM »
doubling down on lending club.... buying a bunch more of it. Good thing this isn't real money

That is a good move, not because I think they are a good company, but because I sold it just now and that means it will probably shoot right up.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #122 on: May 16, 2016, 11:16:11 AM »
doubling down on lending club.... buying a bunch more of it. Good thing this isn't real money

That is a good move, not because I think they are a good company, but because I sold it just now and that means it will probably shoot right up.
lol, I can only hope your bad luck continues and becomes my good fortune
Edit: And that seems to be the case, I made $2800 on Lending Club today :D
« Last Edit: May 16, 2016, 02:21:42 PM by Jeremy E. »

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #123 on: May 17, 2016, 09:03:50 AM »
Rankings updated! I've made more money than I've lost, acceptable.

2Birds1Stone

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Re: I challenge you to a stock simulation challenge
« Reply #124 on: May 17, 2016, 09:14:35 AM »
Heavy is the head that wears the crown.

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #125 on: May 17, 2016, 09:57:43 AM »
Heavy is the head that wears the crown.

That's why I've been doing my neck exercises in preparation.

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #126 on: May 17, 2016, 10:55:47 AM »
lol, I can only hope your bad luck continues and becomes my good fortune
Edit: And that seems to be the case, I made $2800 on Lending Club today :D

Hope you sold it to lock in your gains. Down 8% right now after the DOJ announced an investigation.

I'm feeling pretty darn good about myself for selling my real-life Lending Club shares in the 20s. :-D

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #127 on: May 17, 2016, 12:08:13 PM »
lol, I can only hope your bad luck continues and becomes my good fortune
Edit: And that seems to be the case, I made $2800 on Lending Club today :D

Hope you sold it to lock in your gains. Down 8% right now after the DOJ announced an investigation.

I'm feeling pretty darn good about myself for selling my real-life Lending Club shares in the 20s. :-D
nop lost all the gains I had made lol, jut bought more too, which will probably drop too

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #128 on: May 23, 2016, 11:00:29 AM »
After logging in to find one of my stocks plunged 15% this morning, I'm starting to think I should just sell everything and hold cash, just because it's probably the only way to stop my account hemorrhaging money...

LC has been on quite the roller-coaster ride. Up 11% today.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #129 on: May 23, 2016, 12:01:58 PM »
sweeeeet, I sold half my LC and my Apple, made about $2,500 on LC and ended up not losing money on Apple, will sell the rest of LC when/if it hits $4.98. Time to figure out what to buy next

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #130 on: May 26, 2016, 03:03:30 PM »
I've been riding LC and Twitter this whole time...   or they havw been riding me.......   

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #131 on: May 31, 2016, 04:42:14 PM »
Man this thread went silent.    I pulled to 3rd place.    Im scared to make any moves now lol.   Is this a 1 month simulation or a 3 month?

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #132 on: May 31, 2016, 04:45:09 PM »
Man this thread went silent.    I pulled to 3rd place.    Im scared to make any moves now lol.   Is this a 1 month simulation or a 3 month?
3 month, ends 7/25/16, also I'm right behind you, just sold lots of LC at 4.90 and need to find somewhere to dump my cash

Tyson

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Re: I challenge you to a stock simulation challenge
« Reply #133 on: May 31, 2016, 05:33:10 PM »
Man, reading through this thread it occurs to me how unbelievably stressful this all must be for people who do it in real life with real money.

2Birds1Stone

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Re: I challenge you to a stock simulation challenge
« Reply #134 on: May 31, 2016, 06:31:19 PM »
Still in 1st after disappearing to French Polynesia for 11 days =D 

DrF

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Re: I challenge you to a stock simulation challenge
« Reply #135 on: June 02, 2016, 12:03:23 PM »
1st at last (Nonfinity). Thanks for going away on vacation.

Man this seems easy. I must be a genius. Who wants to give me all their money so I can start up a hedgefund?

I'll only charge 2.5% of total assets for the first thousand takers.

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #136 on: June 02, 2016, 01:39:57 PM »
Will you manage my investopedia simulator account.    I believe I could rise to 2nd place under your management.     lol

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #137 on: June 02, 2016, 02:44:33 PM »
I'm in a solid 4th, currently all in on car makers GM and Tesla, if they do well.... I may take 1st!

SparkyPeanut

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Re: I challenge you to a stock simulation challenge
« Reply #138 on: June 09, 2016, 05:37:42 PM »
Hello Jeremy, thanks for setting up the contest. Looks like it's a tight race!
I had a look at the winner's portfolio recently and it looks like they are doing a lot of UWTI/DWTI betting - they are good at it.

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #139 on: June 09, 2016, 05:48:51 PM »
Hello Jeremy, thanks for setting up the contest. Looks like it's a tight race!
I had a look at the winner's portfolio recently and it looks like they are doing a lot of UWTI/DWTI betting - they are good at it.
no problem bud, I consider myself a good investor because I invest in total stock market index funds.... But it seems some people are doing well with picking the right stocks in this contest.

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #140 on: June 09, 2016, 06:11:22 PM »
Hello Jeremy, thanks for setting up the contest. Looks like it's a tight race!
I had a look at the winner's portfolio recently and it looks like they are doing a lot of UWTI/DWTI betting - they are good at it.
no problem bud, I consider myself a good investor because I invest in total stock market index funds.... But it seems some people are doing well with picking the right stocks in this contest.

It's a little easier to pick stocks that go up when the market is going up.

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #141 on: June 10, 2016, 07:55:00 AM »
Hello Jeremy, thanks for setting up the contest. Looks like it's a tight race!
I had a look at the winner's portfolio recently and it looks like they are doing a lot of UWTI/DWTI betting - they are good at it.


I need to take the time to learn some leveraging strategies for this simulation game. 

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #142 on: June 10, 2016, 09:51:29 AM »
It's a little easier to pick stocks that go up when the market is going up.

Tell that to my -41.71% annual return :-(

Kroaler

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Re: I challenge you to a stock simulation challenge
« Reply #143 on: June 14, 2016, 01:38:18 PM »
OH man, I messed up

My recent purchase is down 8,000$ already.      My crystal ball predicted it was already at its bottom!    Crystal ball must be broken.   

Jeremy E.

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Re: I challenge you to a stock simulation challenge
« Reply #144 on: June 14, 2016, 02:35:01 PM »
OH man, I messed up

My recent purchase is down 8,000$ already.      My crystal ball predicted it was already at its bottom!    Crystal ball must be broken.   
Ya I put $50,000 into GM and it's been dropping everyday since... I'm in the same boat

2Birds1Stone

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Re: I challenge you to a stock simulation challenge
« Reply #145 on: June 14, 2016, 02:41:32 PM »
I purchased DUST a week or so ago and forgot we were playing lol, CRUSHED me.

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #146 on: June 14, 2016, 02:47:55 PM »
Ha! You guys will never beat me (to the bottom of the rankings).

forummm

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Re: I challenge you to a stock simulation challenge
« Reply #147 on: June 14, 2016, 06:40:20 PM »
Ha! You guys will never beat me (to the bottom of the rankings).

Don't bet on it.

I was #2. Now I'm more like number two...

Dollar Slice

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Re: I challenge you to a stock simulation challenge
« Reply #148 on: June 14, 2016, 09:18:16 PM »
Ha! You guys will never beat me (to the bottom of the rankings).

Don't bet on it.


Right. The only way you will beat me to the bottom is if I bet money that you won't.

Cyaphas

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Re: I challenge you to a stock simulation challenge
« Reply #149 on: June 27, 2016, 02:09:15 PM »
The limitations of the system are a little irritating. The commissions are pretty expensive and you can't go short options (such as covered calls). And the system seems to be slow to trade. Maybe they are using delayed data. And you have limits on how much of something you can own or trade in a day. If you're a stock picker, you'd be very limited by the inability to capitalize on something really undervalued. And having to do the trades over multiple days increases commissions.

I got hammered pretty ahrd when I sold on thursday. Today almost made up for it. Wondering if I want to stay short for tomorrow.