Pick Of The Year Contest - 2008

[Odysseus]

Well, how about this then.

Let's double the stakes. We can run the POTY contest, but we'll run one that is all longs, and one that is all shorts. I'm just not sure how fair it is to double a short vs. the longs that can go to infinity. Though obviously it worked great for DMK

Well, how about this. We have a whole month on how to do it. I'll open another thread and see what others think. Want to make sure everyone or at least the majority agree with the rules and likes them.

Thanks Jiesen !

[jiesen]

Oh, and by the way, that 2x rule was sort of a side rule for the extra picks while I was running the contest, meant to encourage people to play the short side (see the original post when that rule was made).

http://www.mrmarketishuge.com/showpost.php?p=76392&postcount=626

JohnHenry didn't actually use that rule in his contest, obviously, or 1st and 2nd place would have been reversed. So use or don't use the rule at your discretion...

[jiesen]

Well, if everyone likes it how it is, I'd like to keep it that way If it ain't broke, don't fix it.

So let me see if understand:

Gain/Loss = The current price - Entry Price

Score = % gained/loss from your Entry Price

But if you short, then your Gain = 2 * %
or your loss is = 1 * %

But if you are long it is a straight 1 * %

?

all correct, except if you lose on a short, the loss should also be 2*% (by the old rules).

[JohnHenry]

Ok, starting to setup the spreadsheet, when I realized there was something I didn't know, and didn't see in the beginning of the thread.... the score

So ummmm... I get Gain/Loss, but how is the score number determined ?

Thanks !

Hi Ody

I attached the spreadsheet for you if you like to use it.

[Odysseus]

Well, if everyone likes it how it is, I'd like to keep it that way If it ain't broke, don't fix it.

So let me see if understand:

Gain/Loss = The current price - Entry Price

Score = % gained/loss from your Entry Price

But if you short, then your Gain = 2 * %
or your loss is = 1 * %

But if you are long it is a straight 1 * %

?

[jiesen]

Ok, starting to setup the spreadsheet, when I realized there was something I didn't know, and didn't see in the beginning of the thread.... the score

So ummmm... I get Gain/Loss, but how is the score number determined ?

Thanks !

The score is basically a straight % gain for the picks, except for shorts, which get 2x boost (so that the max gain on a short is 200%). At least that's how I remember it... As new POTY cap'n, you can make the score whatever you like, though.

[Odysseus]

Ok, starting to setup the spreadsheet, when I realized there was something I didn't know, and didn't see in the beginning of the thread.... the score

So ummmm... I get Gain/Loss, but how is the score number determined ?

Thanks !

[JohnHenry]

Thank you sir for taking over!

I could run it along with the POTW, it's not nearly as much work, would just have to post the images weekly And I can set up a score board much the same way so that everyone could monitor during the week as they like....

[Odysseus]

I could run it along with the POTW, it's not nearly as much work, would just have to post the images weekly And I can set up a score board much the same way so that everyone could monitor during the week as they like....

[jiesen]

Congrats to Rob, DMK and Peanuts for bein' green in '08

Great job running the POTY, Stky (er, JH)!

Too bad I can't say the same for (most of) our picks for the year. Ah well, there's always 2009...
Here's to better picking all around in the New Year!

[JohnHenry]

Poty 2009

This will be my last semester before I go to college so I have to focus on my studies. Would any one like to be the new proud owner of the POTY for 2009?

[JohnHenry]

as of 12-31-08

Ok, come and gather guys. Rob is the POTY 2008 winner with 61%, DMK in second with 49%, and Mr. Peanuts (LOL, I always wanted to say that) slipped in a whopping 0.26% to take third place. Congratulation to Rob, DMK, and Peanuts. The rest of us need to start doing our homework for POTY 2009.

Thank you Jiesen for your help!

[Peter Hansen]

IIC "Motherlode"

IIC please be aware that in the "Ghetto" ....like in the "HOOD" .....MOTHER is only HALF a word LOL; however, when attached to "LODE" ALL is cool!

[JohnHenry]

as of 11-28-08

Looks like it will be Rob and DMK for the title...thanks Jiesen

[MEA_1956]

Makes you wounder if we have a chance to even brake even. MEA