The idea of this thread is to see who is a good trader and who isn't. Anyone participating starts with a hypothetical $10,000.00 US. Trade in real time. Stocks only. Long or short. When finalizing a trade, state your gain and running total. To be realistic, $100.00 per buy/sale should be taken into consideration. I.E. NET trades...after commissions. Example: If you buy 2000 shares at $10.00 (with margin) and sell it at$13.00, your profit is $5800.00 (2000 shares times $3.00 profit minus $200.00 commissions). Your running total is $15,800.00. Get it?
The winner will probably be hired as a money manager by some trading mutual fund (aren't they all?). LOL.
If you lose your principal...consider watching and learning only off the thread.
Tally at year end.
P.s. Remember to buy only an amount consistent with your cash balance. Margin at 50% above $5.00 only.
GO!!! |
