#11
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Re: Investment Challenge
[ QUOTE ]
- Yes you can short. - You can trade Stocks, Options, Funds, Futures and Bonds. Do you have any picks that are worth a gamble on? [/ QUOTE ] I don't have anything specific but if you can use options then use all of the leverage you can as that is where the real homeruns will happen if lightning strikes. |
#12
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Re: Investment Challenge
Yeah, agree. Since September is historically the worst month of the year, I would buy an ass-load of puts on high flyers like RIMM and AAPL. Sprinkle them from at-the-money to deep out-of-the money to get the most leverage.
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#13
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Re: Investment Challenge
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I am taking part in an investment challenge between now and 28th September. [/ QUOTE ] This seems like a completely pointless exercise. You'd be better off taking part in a sweepstake. [ QUOTE ] However I would like to use this to gain a valuable insight into trading rather than taking a huge gamble to begin with [/ QUOTE ] I'm afraid the main insight you'll receive is that the winner will be the luckiest guy who took the biggest gamble. |
#14
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Re: Investment Challenge
Buy 5 stocks at their 52 week lows, buy 5 more at their 52 week highs. Hope you break aven and come in the top 20.
Jimbo |
#15
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Re: Investment Challenge
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Hope you break aven and come in the top 20. [/ QUOTE ] lol! Maybe sticking your money into a high-interest a/c and sitting out a possible market crash/correction may be your best bet. Besides most of the other people will undoubtedly finish with less than they started, so burying the money for a couple of weeks is definately +EV. |
#16
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Re: Investment Challenge
I am doing the same thing. But we have to buy atleast 5 stocks and have to use 90% of capital to buy stocks.
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