SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2002 Canadian Stock-Picking Challenge

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hx4 who wrote (4)12/22/2001 8:46:08 PM
From: Al Collard  Read Replies (3) of 1590
 
Hi Harry,

Any thoughts from anyone how to work the trading of picks at month's end? Should the entrant be able to use all the $$$ gained after the selling of said pick?

Example if you buy $20k of a stock and you sell it for $25k should the next stock you pick be $20k worth of that pick or $25k worth. One thought was to put the extra $5k earned in the bank under entrants name and the other was to just let entrant roll the dice and buy whatever dollar amount of the stock that the entrant has earned.

For sure if you sell a losing stock, your next purchase would only be for how much money you have left. All entrants would only get the $20k once. Not much use rewarding the bad picks.

Thoughts?

Al
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext