Portfolio of the week - 2008

[skiracer]

Ski, I enthusiastically welcome a stop loss rule! And -7% is fair.

Like Stenz said recently in his thread, "Sometimes taking the loss to prevent further loss turns out OK."

By the way, you're doing a great job as scorekeeper and enjoy the write-ups. Thanks.

When you first did it at your site I thought it was a good idea. Much more realistic to realtime trading. I thought it would work out here the same way. Hopefully it will bring everyone to putting more thought into their picks. I just want to get some sort of feedback from the participants. Thanks Spike.

[IIC]

When you first did it at your site I thought it was a good idea. Much more realistic to realtime trading. I thought it would work out here the same way. Hopefully it will bring everyone to putting more thought into their picks. I just want to get some sort of feedback from the participants. Thanks Spike.

It's fine with me.

Anyway...I decided that since I'm really not much of a contest guy I'd just pick one at the beginning of the week that I liked and let it ride. I have enough trouble following my real life stuff...Doug

[skiracer]

It's fine with me.

Anyway...I decided that since I'm really not much of a contest guy I'd just pick one at the beginning of the week that I liked and let it ride. I have enough trouble following my real life stuff...Doug

I know the game is just a game and means nothing unless you own your picks. I'm just trying to make it that much more interesting and to show the best traders skills with their picks. But thanks for the feedback. It's what I asked for.

[billyjoe]

Ski,
7% is a good number. A loss that can be recovered from and still make us think twice before gambling away our imaginary dollars.

--------------billyjoe

[Rob]

My apologies for seeing the need to drag this into public, but ...

Spikefader, why are you exhibiting such cowardice in not responding to my private messages to you? And why have you twice banned me from your Scuttlebutt weekly contest without so much as one word of explanation? Acting that way is kind of cowardly and small, don't you think?

[skiracer]

My apologies for seeing the need to drag this into public, but ...

Spikefader, why are you exhibiting such cowardice in not responding to my private messages to you? And why have you twice banned me from your Scuttlebutt weekly contest without so much as one word of explanation? Acting that way is kind of cowardly and small, don't you think?

Personally I wish you hadn't because I don't think that it will make anything which is going on between you and Spike any better. And now everyone is privy to the situation which is really none of any of our business regardless of what we may feel about it. To be honest the apology just doesn't cut it Rob and I don't see how it will make anything any better airing it out here publicly.

[Rob]

I disagree, though you are entitled to your opinion.

Just trying to lance a festering boil.

[jiesen]

When you first did it at your site I thought it was a good idea. Much more realistic to realtime trading. I thought it would work out here the same way. Hopefully it will bring everyone to putting more thought into their picks. I just want to get some sort of feedback from the participants. Thanks Spike.

Ski, I think it's a nifty idea. Spike's contest is very interesting because of it. However, it took me a while to figure it out- since I didn't bother reading the rules before jumping into it... (sorry, Spike!)

So from my perspective, I would just make the suggestion that your stop loss rule be made effective starting in March, just so players can get used to the idea beforehand- or there may be a bunch of confused players (think Stky, me, others who may not be so quick on the uptake).

Remember that I'll be taking the reins in Feb, and I won't be using the stop-loss rule (a bit too tricky for my scorekeeping ability), so to change it for two weeks, then change back may be tough for some to follow. Then again, maybe not! It's certainly your call, but you asked for feedback, and there you have it.

[sirtuck]

Potw

Sirtuck picks PRGO long

[Websman]

Ok Ski... I promised that I would enter this week, so here goes....

I'll take ROCM - long

May the Vulcan Gods be with me, as I own a real position in this stock.

Long live the Goji!

[skiracer]

Ok Ski... I promised that I would enter this week, so here goes....

I'll take ROCM - long

May the Vulcan Gods be with me, as I own a real position in this stock.

Long live the Goji!

You are a Vulcan of your word your Eminence. Always nice to have you participating. Good luck with your pick this week. And long live the Goji wherever he may be.

[skiracer]

Ski, I think it's a nifty idea. Spike's contest is very interesting because of it. However, it took me a while to figure it out- since I didn't bother reading the rules before jumping into it... (sorry, Spike!)

So from my perspective, I would just make the suggestion that your stop loss rule be made effective starting in March, just so players can get used to the idea beforehand- or there may be a bunch of confused players (think Stky, me, others who may not be so quick on the uptake).

Remember that I'll be taking the reins in Feb, and I won't be using the stop-loss rule (a bit too tricky for my scorekeeping ability), so to change it for two weeks, then change back may be tough for some to follow. Then again, maybe not! It's certainly your call, but you asked for feedback, and there you have it.

Jiesen,
I would like to try it for a week or so before you take it for the month of February. Keeping score can be very easy if you are at all adept at using Excel. Monday is the only hard day getting all the picks in place. I could email you the template of the scorecard with everything on it that I have as far as the way it is set up and after that it is rather easy. It just becomes a matter of plugging in the formulas in each box to get the gains or losses for the day and then going to the next column and doing the same for the percentages. I have been working on trying to get the code in place, as Rob had, and hooking it up to some realtime watchlist and that does the work for you but I haven't gotten there yet. It takes me about 20/30 mins. a night to do it. If you have any questions I would be glad to help you with the formulas. Everyone else has been pretty good with helping with intraday prices on their trades and I would think that nothing would change in that respect. But you can keep the score on any scorecard or in any fashion that you want to when you're the one keeping score.
I'm going to keep the idea of the 7% stop loss in front of everyone's face this week and hopefully we can try in the week after next or like you said in the beginning of March or so. Thanks.

[funnymoney]

Hey, this looks like fun!

If its OK for me to join in late , put me down for QID long at the open on tuesday.

Thanks!

FM

[IIC]

Hey, this looks like fun!

If its OK for me to join in late , put me down for QID long at the open on tuesday.

Thanks!

FM

Not a bad pick...If you are interested please look at my 1 min day trading QID charts I posted yesterday for the past 2 weeks CLICK HERE

In the past 2 weeks I have Day Traded QID 10x and QLD 4x

Best...Doug(IIC)

[skiracer]

Hey, this looks like fun!

If its OK for me to join in late , put me down for QID long at the open on tuesday.

Thanks!

FM

Glad to see you onboard Funnymoney. Do yourself a favor and read the rules on the 1st page of this thread please. It will definitely be advantageous to you to know the rules regarding time of entry and how many trades a week you can make. Tell you friends about this forum. You could do alot worse where you spend your time and energy. Just to let you know a pertinent fact before you get started. Any first timers that win in their first week of play we usually kill them. So have fun and enjoy.