Stock Market Contest

[FelixDeCat]

Bet it all on Red.

 

[rudder]

Put half into Solyndra and use the rest to buy penny stocks.

 

[zinfamous]

Buy 200k lbs of turkeys, freeze them, then sell in November.

Boom!

 

[l0cke]

Can you do a slightly slower version of high-frequency trading?
It's gotten pretty popular since 2010 or so, especially HF quoting, which sounds to me like a legal type of DDOS attack.

One step ahead of you:

That was actually my first attempt. I lost about $5000. Their website can be slow so most of the time it wasn't fast enough, and there's a $10 commision fee each trade. However, I could probably modify it to sell penny stocks when they reach a certain point or something.

 

[Udgnim]

gamble it on Apple beating earnings

 

[PlanetJosh]

I don't know, try Wendy's (WEN), it seems to be doing ok enough this year.

 

[Schfifty Five]

Too bad you didn't buy any CMG options before today. It pop $30 today so far.

It's ok, you can still buy all apple options and hope for a pop on 4/28.

 

[ultimatebob]

lol

Hey... that stock is volatile as hell. Just a $10 price swing could make him a killing if he got the right options.

 

[l0cke]

Then go nuts.

Weed.

Dump it all on weed.

http://investorplace.com/2014/03/hottest-marijuana-stocks/view-all/#.VSbffvnF9lw

I did buy a ton of GWPH and MSRT following this advice, and they're doing pretty well.

Should have put it all into netflix though, I only got 50 shares of them.

Good news is that the #1 place person had almost 20% increase, but they didn't sell so now it's more like 6%.

 

[Schfifty Five]

Did you buy an NFLX options?

https://www.google.com/finance?q=NASDAQ:NFLX&ei=KMQvVaCNBoSwiQLU2oHQBw

 

[slayer202]

Can you do a slightly slower version of high-frequency trading?
It's gotten pretty popular since 2010 or so, especially HF quoting, which sounds to me like a legal type of DDOS attack.


Or go boring and get a mutual fund or Berkshire Hathaway shares.


Or put one of the indexes in a spreadsheet and number them, then choose 10 randomly, and buy&hold until the end of the contest.



These games don't teach long-term investing. :\

A combination of this and penny stocks perhaps. Find something that fluctuates relatively heavily and often, and then abuse the 20 second delay. It will be tedious but if you put some time in, should be pretty easy to clean up

 

[l0cke]

Did you buy an NFLX options?

https://www.google.com/finance?q=NASDAQ:NFLX&ei=KMQvVaCNBoSwiQLU2oHQBw

Yeah, but not enough for any significant gain.

 

[l0cke]

I'm doing okay I guess

(I'm yellow)

But it seems like places 1 and 2 are already pretty rich. Now I'm aiming for third place.

 

[monkeydelmagico]

dollar side of the yen carry trade. They gonna QE again, betcha

 

[inachu]

Do as the day traders do. Sit as long and as much as possible in front of the trading screen as much as is allowed by their rules.

Start to study the trends then ones you think you can accurately guess movements then buy and sell as the trend moves. The more volatile the stock is then the more chance to make more money than it is with a steady stock. Steady stocks are boring.

 

[l0cke]

I'm not sure if anyone cares, but I didn't win.

#1 had a 73% return, I had no chance. I also kinda forgot about this competition towards the end.

 

[slayer202]

ouch

 

[Jeff7]

:hmm:

I wonder how the market average was during that same time period? :sneaky:
4.9%, I'll guess.


Though that was a pretty quick trip through the markets.

 

[mrjminer]

Wow dude, you suck. Second most trades, too. You should have gone way riskier.

 

[glenn1]

Go to the table of most volatile stocks, then find the furthest dated and most out-of-the-money option contract on one of those underlying securities and hope for the best. Look for one that has an earnings release due during the month of the contest, or is awaiting an FDA approval, or something along those lines.

 

[l0cke]

:hmm:

I wonder how the market average was during that same time period? :sneaky:
4.9%, I'll guess.


Though that was a pretty quick trip through the markets.

 

[l0cke]

Wow dude, you suck. Second most trades, too. You should have gone way riskier.

Actually 4th most trades:

They went too risky I guess, or their algorithms failed.

Most of my trades were from my algorithm in the first five days, before I turned it off.

I really should have gone all in on oil, but then I wouldn't have even made third place.