Investment Challenge

[mrbaseball]

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- Yes you can short.
- You can trade Stocks, Options, Funds, Futures and Bonds.

Do you have any picks that are worth a gamble on?


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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.

[pig4bill]

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.

[kimchi]

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I am taking part in an investment challenge between now and 28th September.

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This seems like a completely pointless exercise. You'd be better off taking part in a sweepstake.

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However I would like to use this to gain a valuable insight into trading rather than taking a huge gamble to begin with

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I'm afraid the main insight you'll receive is that the winner will be the luckiest guy who took the biggest gamble.

[Jimbo]

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

[kimchi]

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Hope you break aven and come in the top 20.


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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.

[The4Aces]

I am doing the same thing. But we have to buy atleast 5 stocks and have to use 90% of capital to buy stocks.