SS7: Historical Stock Market Swings, Expensive NYC Rentals, The $10,000 UMOO/TIMalerts Challenge & More
Posted by Timothy Sykes on Sat 8th of Nov, 2008 10:02:13 AM
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Great look at historical market swings
$10,000 one-week trading challenge for TIMalert subscribers only, gotta sign up for TIMalerts before you can enter!
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 2 | KIRK | $10.60 | $11.53 | $1377 |
| June 30 | ISRL | $107.97 | $118 | $985 |
| June 24 | LZB | $4.53 | $4.81 | $1240 |
| June 17 | GWSC | $1.86 | $2.76 | $2679 |
| June 15 | SHZ | $1.66 | $1.83 | $280 |
| June 15 | SPNG | $0.11 | $0.18 | $630 |
| June 12 | JAZZ | $2.84 | $3.26 | $380 |
| June 12 | MAPP | $9.68 | $10.07 | $565 |
| June 8 | HEB | $3.00 | $4.18 | $334 |
| June 3 | GROW | $8.64 | $8.96 | $740 |
| June 3 | SYMX | $1.21 | $1.11 | $940 |
| June 1 | USCN | $0.55 | $0.86 | $260 |
Total: $65,674 (421%)
Tim will you be in the game? If you are, then no one can take away the prize. lol
nah i cant play, it’d be a conflict of interest, i’m just the ringmaster
Seems like if you live in Maryland, like I do, you cannot sign up to the UMOO website, hence cannot join the challenge… Dont understand why, but there are only 35 states that can be selected.
absurd gambling rules, funny that anyone can use 10,50, 100x leverage in forex but some dont allow simple games…pathetic
The problem with these virtual trading games is that they don’t really model the market that well. It’s pretty much impossible for them to account for real trading dynamics such as slippage, brokerage-dependant factors like short share availablity, difficuly in buying large blocks at ideal prices. In these games you can easily “cheat” by say, trading penny stocks in totally unreasonble sized lots or shorting stuff that would not be available to short in the real market.
I think the best way to make these as realistic as possible is to only use opening and closing prices (i.e. no day trades) and limit the size of trades based on the average daily volume of the stock (i.e…if the stock trades less than 100K, limit size of lots to 1K). The issue regarding shorting is difficult to program, as that is largely broker-dependent.
its just a game alex, every game is flawed in some way
snd i dont think we’re gonna be able to short penny stocks in the game, i think its s&p 500 only
who won the video challenge??
I signed up to UMOO a couple of weeks ago, but only played once. Only thing available are s&p 500 stocks like Tim said. Kind of pointless to what we do here.
new post:
http://timothysykes.com/2008/1.....-seminars/
Yeah it doesn’t relate to penny stocking but hell its a contest to try and win some real money. There are 800 plus alert subscribers. Lets say 25% actually enter the contest. Thats pretty decent odds for winning $10,000.