Mr. Now
01-08-2006, 10:58 AM
Hello All,
Over at the Stock Market forum we are running a serious stock-trading contest. Given the subject matter here and the fact that trading is a game of odds, I think this may be of real interest to many of the players that frequent the Probability forum.
The event runs for all of calendar year 2006 and you can enter the event at any time. As a contestant you receive 1 million dollars for trading. Your results are automatically ranked weekly by Net Asset Value. The starting NAV value is 10. When you are up 10 percent your NAV value is 11, less trading costs such as commissions and fees.
If you do actually trade, here is your chance to show what your trading method can do. If you don’t trade (and why don’t you?), here is your chance to apply your knowledge of probability to a game with potentially infinite rewards. If you have never considered trading, now might be a good time to do so !
The rules are simple: you must be “in compliance” with the Marketocracy rules for security selection, diversification and position sizing. Rules summary and detail is listed for reference at the end of this post.
The procedure for signing up is simple and described in this post:
How to Sign Up (http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4333562)
If you have any questions PM UglyOwl, who is the Manager of the contest.
Trading is a game of odds. Please join the contest and show us how you beat them with your knowledge of Probability.
***
Rules Summary (2+2 post by contest Manager) (http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4340967)
All funds must be in compliance within 5 business days of entry into this (see Marketocracy rules link above for complete details). The deadline for the prize for 2006 will be January 31, 2006.
No position can exceed 25% of your total portfolio value.
Half your portfolio must be comprised of positions under 10% each.
Your cash position isn't limited by this guideline, although you must be 65% invested
No fund can hold more than 25% of invested assets in Exchange Traded Funds (ETFs) for a majority of the quarter.
Marketocracy Official Rules Detail (http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/MRulesPage/bfix=1)
Over at the Stock Market forum we are running a serious stock-trading contest. Given the subject matter here and the fact that trading is a game of odds, I think this may be of real interest to many of the players that frequent the Probability forum.
The event runs for all of calendar year 2006 and you can enter the event at any time. As a contestant you receive 1 million dollars for trading. Your results are automatically ranked weekly by Net Asset Value. The starting NAV value is 10. When you are up 10 percent your NAV value is 11, less trading costs such as commissions and fees.
If you do actually trade, here is your chance to show what your trading method can do. If you don’t trade (and why don’t you?), here is your chance to apply your knowledge of probability to a game with potentially infinite rewards. If you have never considered trading, now might be a good time to do so !
The rules are simple: you must be “in compliance” with the Marketocracy rules for security selection, diversification and position sizing. Rules summary and detail is listed for reference at the end of this post.
The procedure for signing up is simple and described in this post:
How to Sign Up (http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4333562)
If you have any questions PM UglyOwl, who is the Manager of the contest.
Trading is a game of odds. Please join the contest and show us how you beat them with your knowledge of Probability.
***
Rules Summary (2+2 post by contest Manager) (http://forumserver.twoplustwo.com/showthreaded.php?Cat=0&Number=4340967)
All funds must be in compliance within 5 business days of entry into this (see Marketocracy rules link above for complete details). The deadline for the prize for 2006 will be January 31, 2006.
No position can exceed 25% of your total portfolio value.
Half your portfolio must be comprised of positions under 10% each.
Your cash position isn't limited by this guideline, although you must be 65% invested
No fund can hold more than 25% of invested assets in Exchange Traded Funds (ETFs) for a majority of the quarter.
Marketocracy Official Rules Detail (http://www.marketocracy.com/cgi-bin/WebObjects/Portfolio.woa/ps/MRulesPage/bfix=1)