Details Emerge For The UMOO/TIMalerts $10,000 Trading Contest
Posted by Timothy Sykes on Mon 17th of Nov, 2008 08:03:25 AM
Tags:
Guest post time, this one comes from the fine folks over at Umoo.com.
This one especially goes out to the few hundred of you who keep emailing me that you don’t have enough money in your trading accounts to even trade, here’s a contest that’s free to enter (costs $10 but you get refunded if you sign up HERE by November 30th) and you can win enough $ to put into an actual trading account…right now we only have a few dozen people signed up so the odds of winning a few hundred/thousand are pretty damn good:
Dear TIMalert members,
We are happy to announce - registration is now open for the “UMOO.com - TIMalerts $10,000 Trading Game“.
Sign up to UMOO.com, the new & innovative fantasy stock trading arena and win up to $10,000, in this one week (5 trading days) virtual stock trading tournament!
UMOO is a new online platform for Financial Entertainment, combining the fun of Internet based multiplayer games with the thrill and opportunity for reward offered by the financial markets.
UMOO’s concept follows the ebb & flow of actual stock market trading, but with a competitive twist - Traders compete against each other, not the markets.
Once entering a trading tournament, players receive $100,000 virtual money with which to build and manage a virtual stock portfolio based on real S&P 500 stock market data.
Here’s the prize structure for the $10,000 to be given away:
The objective of the players is to make the highest returns on their portfolio, while competing with the other participants. Throughout the duration of the tournament, players are benchmarked against each other and at the end of the tournament the winners are the traders with the highest relative returns.
UMOO offers absolutely anyone a real opportunity to win; We are now holding a joint $10,000 Tournament with Timothy Sykes and you are all invited to join.
To participate, all you have to do is Sign Up and when you get to the tournament lobby search for the “$10,000 TIMalerts tournament (ID 928), then simply click “join”. The tournament costs $10 to join but once you make a deposit you will get a first deposit bonus of $10 so the tournament is practically free!
At UMOO you will also find a variety of additional trading games, which vary in duration (from 1 hour to 1 week) buy-ins and prize structures.
Feel free to ask questions regarding this $10,000 event (or about UMOO in general) in this thread.
See you on the trading floor,
UMOO Support Team
TIMstore Monthly DVD Specials:
See all TIM DVD specials HERE
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $92,304 (644%)
