Karels Investopedia Portfolio

[Karel]

So, I am again Mimicking $$$Mr. Market$$$. I have created a portfolio for one of the stock games on Investopdia. Unforunately this is only viewable with a (free) Investopedia account, but then you will be able to check the holdings and trading history too, I suppose. That was not possible on Marketocracy. Currently I rank 821 from 3989, with a Portfolio Value of 1,000,000 (the start value).

So, I got a Top 3, UBNT, AGX and THO, and I picked THO, a recent $$$Mr. Market$$$ pick. It gained another 15% since $$$Mr. Market$$$ sold it, but who cares. It will be my first pick of a portfolio of 8, each position entered at approximately 10% of the then current portfolio value. So I ordered to buy 970 at the Open. (Never buy at the open, but this is for convenience.)

Wish me luck! No, better, wish me success!

[Karel]

And THO is a NYSE stock, and the NYSE observes MLK day. Good. I’ll wait another day.

[Karel]

So THO entered my Investopedia portfolio at 101.83 it now is at 99.56, which makes my portfolio perform just a bit worse than SPY over the week, and at only 10% invested. The aim is 80% and a better performance. My next pick is NVDA.

[Karel]

Some musings on the Investopedia Stock Simulator.

1. I miss Marketocracy. There are no fees and transaction costs on Investopedia and where Marketocracy imposed a limit on your fills, here orders just fill. There is a top 10 or so where people make crazy trades, trading a whole days volume in one day, on penny stocks. As those trades don’t drive the stock price, that makes for easy gains. But with that said, I don’t mind too much. Investopedia is just for keeping score and it does that, even if a bit less realistically than Marketocracy.

2. My portfolio dropped to rank 6034 for today. The large drop is mainly because some 4000+ entries are still at the initial 1,000,000. When my portfolio gets positive, I will jump some 4/5000 places up again.

3. I got lucky on NVDA, more or less ($103.80). I accidentally entered a market-open order, and that worked well that day And no, no special transaction costs.

4. I plan to buy 8 stocks, position size about $100,000, or 10%. Then I will sit back and wait until one of those stocks hits a 5% gain or goes 3 months without a 5% gain. In the latter case, I will replace it, in the former the stock will start a new 3 month period.

[Karel]

2. My portfolio dropped to rank 6034 for today. The large drop is mainly because some 4000+ entries are still at the initial 1,000,000. When my portfolio gets positive, I will jump some 4/5000 places up again.

Completely unimportant, but just as an illustration: my portfolio turned positive yesterday, and its rank now is 529.

[riverbabe]

completely unimportant, but just as an illustration: My portfolio turned positive yesterday, and its rank now is 529.

nice!!!!!!

[riverbabe]

Karel, this one is for you! And THANK YOU! https://www.youtube.com/watch?v=ELD2AwFN9Nc

[Karel]

Karel, this one is for you! And THANK YOU! https://www.youtube.com/watch?v=ELD2AwFN9Nc

I also like the breakthrough in thorny mathematical problems using the theory of alternative facts.

[riverbabe]

Completely unimportant, but just as an illustration: my portfolio turned positive yesterday, and its rank now is 529.

Got it through FB!

[Karel]

Got it through FB!

Ah, nice to hear that worked for you.

[riverbabe]

I also like the breakthrough in thorny mathematical problems using the theory of alternative facts.

Brilliant! (I think)

[Karel]

Brilliant! (I think)

Well, in case the Riemann Hypothesis flies over your head (it does over mine), there are always the “other challenging unsolved problems such as the zero-equals-one conjecture (which is also true) and the side-counting problem of the circle. We determine the circle to have exactly 11 unique sides.”

All done by Alternative Facts!

[Karel]

I am quite ready to be fooled by randomness and consider myself an excellent stock picker after last week. My portfolio is up 1.3% for the week and just 20% invested. The largest gain came from NVDA, which clocked in a 5+% gain since the buy (last week!) and renewed its 3 month tenure. THO is in the black again.

The deal with the missing commissions and easy fills has been solved: I accidentally entered a (popular) game created by another user with those settings. Other games are more realistic with those and other things, like diversification. No problem.

I have a new stock pick: AGX (Argan). One of the nice things of a method like $$$Mr. Market$$$’s is that I find stocks I wouldn’t have considered in a lifetime if left to myself. For convenience, I will buy today at market open. (Never buy at market open!)

[Louetta]

Well, in case the Riemann Hypothesis flies over your head (it does over mine), there are always the “other challenging unsolved problems such as the zero-equals-one conjecture (which is also true) and the side-counting problem of the circle. We determine the circle to have exactly 11 unique sides.”

All done by Alternative Facts!

Also, why are there eleven teams in the Big Ten? Why does Gentleman's Quarterly come out every month? I'm sure there are more.

[Karel]

Well, in case the Riemann Hypothesis flies over your head (it does over mine), there are always the “other challenging unsolved problems such as the zero-equals-one conjecture (which is also true) and the side-counting problem of the circle. We determine the circle to have exactly 11 unique sides.”

All done by Alternative Facts!

Also, why are there eleven teams in the Big Ten? Why does Gentleman's Quarterly come out every month? I'm sure there are more.

Aren’t we living in exciting times!