Wednesday, October 19, 2005

 

Our leaders and a great overall day

What a big day today. The market came storming back on heavy volume and I am happy to say, accumulation day!! Whether this is the bottom or not is still to be determined, but with such a big change of events, our leader board has some new faces. As of now our top five are:


  1. Fundamental Technician – Ailun Zhan (China)

  2. Efex 77 – Fernando Moncayo (Ecuador, South America)

  3. MDZ – Mark Zimmer (MI, USA)

  4. Stocktrading 101 – Myself (MI, USA)

  5. Dtucker – Dan Tucker (USA)


Two huge moves today came from Ailun Zhan and Fernando Moncayo. Ailun has bet heavily against oil, and though Wilma is brewing up in the Pacific, his bet has paid huge so far. Ailun controls a very sizable amount of XLE puts that expire in December. Our other major mover today, Fernando, pushed his portfolio nearly 27% higher after his calls gained some major ground. Companies Fernando holds calls in are Home Depot, Whirlpool, and Amazon.com. Lastly, on the consistent rise is Dan Tucker, a veteran to our contests, who is trading very well thus far showing a 4%+ portfolio gain overall. Congratulations to these leaders!

With the market in its current condition, you never know what to expect, and I would also like to congratulate all of our contestants who have taken the initiative to trade thus far. The contest is only getting more exciting, and with so much movement going on in the leader board, it will continue to grow. I have gotten the chance to hear some feedback from contestants, and it is great to see so much excitement towards trading.

If you have anything you would like to comment on about the contest, good or bad, email me this week and I will post it up on the blog. Please keep them as short as possible, so that we may fit them all in. Other than that, thank you to all of our contestants who have traded thus far, and happy hunting.

To the future,


Monday, October 10, 2005

 

Immediate Issues Resolved

With the contest now up and running, we have found a few issues that have been resolved or should be resolved:

  1. Complications logging in and joining – This for the most part has been taken care of, but if you find that the contest, Richdad III, is not listed under “My Games”, then you have not actually joined yet. Go to search for contests, and search Richdad III (iii), and join this way. Make sure to that your trades are done under the game you desire, as it can get confusing managing a couple different contests at once.

  1. People joining who have not registered – I made the error of creating the contest password free, and as a result there have been extra contestants in the contest that are unregistered. I will post up the list I have here, and if you find that your id is under this list and you registered, please notify me so we can update the database. All contestants that joined without registering are NOT eligible for prize money, and know that we will check all prize winners at the contest end with our database for registration verification. Here is the list of non-registered contestants:


If you know who one of these IDs belongs to, please email me so we can get them on file. Please also note that creating a 2nd Id and re-entering the contest is prohibited. Prizes will only be credited to the winners with valid matching Investopedia IDs in our database. Thank you!

Regards,

Monday, October 03, 2005

 

Richdad 3 Prizes

Here are the prizes that are up for grabs in our latest contest "Richdad 3" There are 43 of us participating, so I wanted to be the first to wish everyone the best of luck. With a total of $150.00 raised for the contest, the disbursement is as follows.

1st=$62.31
2nd=$41.54
3rd=$27.69
4th=$18.46

These prizes were based on percentages that stay for all contests.

To Successful Learning,

Mark Zimmer

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