Here is a summary of our first 20 weeks by average player % gain/loss.
This represents the cumulative result of everyone's positions, long
and short. It is safe to say that every index has outperformed us as
a group. However, if this were real money, I doubt that many of the
losing positions would have been left open as long as they were.
Given that the penalty for a losing position in our game is the same
whether it is -0.01% or -99.99%, there is no incentive - as far as
points are concerned - to close a losing position.
On the other hand, excluding weeks 1 to 5, i.e., since week 6, which
was around the third week of December, our group average is up 16.9%,
which is comparable to the S&P500 (I don't have and can't easily find
the exact numbers...Plus, over the last 3 months, we are just about
dead even with the S&P500, even with our no loss incentive.
Troy
Week Result Total Monthly Total
1 -1.85 -1.85
2 -2.26 -4.11
3 -1.25 -5.36
-5.36 Nov
4 +1.88 -3.48
5 -10.61 -14.09
6 +1.47 -12.62
7 -0.32 -12.94
8 +2.76 -10.18
-4.82 Dec
9 -0.28 -10.46
10 +1.48 -8.98
11 +3.80 -5.18
12 +0.88 -4.30
+5.88 Jan
13 +3.78 -0.52
14 +0.94 +0.42
15 -1.08 -0.66
16 +1.27 +0.61
+4.91 Feb
17 +1.42 +2.03
18 +0.88 +2.91
19 -1.91 +1.00
20 +1.30 +2.30
+1.69 Mar
Us v. S&P500
1 month 3 month 6 month 1 year
Us +1.69% +12.48% -- --
S&P500 +4.39% +12.83% +13.51% +45.15% |
