GTPlanet.net Virtual Stock Exchange Competition!

:bowdown: :bowdown: :bowdown: Almight stock god i thank you for sharing all your wisdom...

No really good job 👍
 
evilgenius788
👍 Very detailed. It explained a few things I was confused by.

Excellent! Glad I could help.

One thing I want to make clear, though, about short selling. It is EXTREMELY risky. Also, remember to REVERSE everything when selling short. For example, if you set a buy to cover limit order, make sure it is at a price that is LOWER than the price you've shorted it. If you set a buy to cover stop order, make sure it is at a price that is HIGHER than the price you've shorted (but not TOO high). That's the only thing I think I've missed. So, to recap, a normal sell limit order should be at a HIGHER price than you've bought it at. A normal stop order should be at a LOWER price than you've bought it at (but not TOO low).
 
PS
Hey Brian, can you update or post the competition standings?

You got it.

I haven't been trading on that particular portfolio (I've started other ones) so my position probably doesn't look so well. Besides, I really didn't intend to set this up for me -- I've got real stocks/funds to worry about. I mainly set this up so that people can get some market experience and have fun. << Lame excuse for admitting that I've been destroyed. Seriously, though -- I've been working on other portfolios (real & fake).

Anyway, these are the current standings:

Total Value Rankings : GTPlanet2 Competition
Rank Username Net Worth % Return # Trans

1 tsleng $4,021.52 34.05% 8

2 CalibreDan $3,664.84 22.16% 2
3 3spddrft $3,285.23 9.51% 4
4 VTGT07 $3,282.52 9.42% 29
5 PattyG1 $3,241.15 8.04% 6
6 Mr.Omnis $3,164.96 5.50% 16
7 road_dogg33j $3,102.28 3.41% 12
8 EventHorizon $3,096.99 3.23% 5
9 andrewpaul $3,095.46 3.18% 1
10 eT.LostSoul $3,088.39 2.95% 6
11 BlazinXtreme $3,048.03 1.60% 1
12 iceman23 $3,045.87 1.53% 1
13 bondy_19 $3,027.08 0.90% 1
14 jpmontoya $3,014.90 0.50% 10
15 Mark-Thomas $3,002.14 0.07% 0
15 ultrabeat $3,002.14 0.07% 0
16 harry56 $3,001.58 0.05% 0
17 ianbiz $3,001.48 0.05% 0
18 PublicSecrecy $2,988.77 -0.37% 3
19 Ev0 $2,975.62 -0.81% 2
20 FE111 $2,972.15 -0.93% 4
21 Ikari $2,966.05 -1.13% 17
22 cardude2004 $2,958.70 -1.38% 7
23 keram $2,940.08 -2.00% 2
24 skylineGTR_guy $2,936.74 -2.11% 12
25 the_cobbinator $2,933.22 -2.23% 2
26 (G) $2,927.62 -2.41% 4
27 spdster2005 $2,904.50 -3.18% 28 :ill:
28 ALP1NE $2,892.73 -3.58% 3
29 eMadman $2,891.75 -3.61% 6
30 Jalpa $2,866.56 -4.45% 2
31 Nick_johnston $2,840.60 -5.31% 3
32 beary5 $2,785.58 -7.15% 4
33 GhostC $2,782.96 -7.23% 2
34 DavidLandrum $2,695.85 -10.14% 33
35 DRL21 $2,365.79 -21.14% 1
 
Yeah, I bought a crapload of Nvidia stock just for the hell of it yesterday. I was in 1st place for a long time but I see tsleng has surpassed most of us by a longshot.

good job.
 
MrktMkr1986
You got it.

I haven't been trading on that particular portfolio (I've started other ones) so my position probably doesn't look so well. Besides, I really didn't intend to set this up for me -- I've got real stocks/funds to worry about. I mainly set this up so that people can get some market experience and have fun. << Lame excuse for admitting that I've been destroyed. Seriously, though -- I've been working on other portfolios (real & fake).

Anyway, these are the current standings:

Total Value Rankings : GTPlanet2 Competition
Rank Username Net Worth % Return # Trans

1 tsleng $4,021.52 34.05% 8

2 CalibreDan $3,664.84 22.16% 2
3 3spddrft $3,285.23 9.51% 4
4 VTGT07 $3,282.52 9.42% 29
5 PattyG1 $3,241.15 8.04% 6
6 Mr.Omnis $3,164.96 5.50% 16
7 road_dogg33j $3,102.28 3.41% 12
8 EventHorizon $3,096.99 3.23% 5
9 andrewpaul $3,095.46 3.18% 1
10 eT.LostSoul $3,088.39 2.95% 6
11 BlazinXtreme $3,048.03 1.60% 1
12 iceman23 $3,045.87 1.53% 1
13 bondy_19 $3,027.08 0.90% 1
14 jpmontoya $3,014.90 0.50% 10
15 Mark-Thomas $3,002.14 0.07% 0
15 ultrabeat $3,002.14 0.07% 0
16 harry56 $3,001.58 0.05% 0
17 ianbiz $3,001.48 0.05% 0
18 PublicSecrecy $2,988.77 -0.37% 3
19 Ev0 $2,975.62 -0.81% 2
20 FE111 $2,972.15 -0.93% 4
21 Ikari $2,966.05 -1.13% 17
22 cardude2004 $2,958.70 -1.38% 7
23 keram $2,940.08 -2.00% 2
24 skylineGTR_guy $2,936.74 -2.11% 12
25 the_cobbinator $2,933.22 -2.23% 2
26 (G) $2,927.62 -2.41% 4
27 spdster2005 $2,904.50 -3.18% 28 :ill:
28 ALP1NE $2,892.73 -3.58% 3
29 eMadman $2,891.75 -3.61% 6
30 Jalpa $2,866.56 -4.45% 2
31 Nick_johnston $2,840.60 -5.31% 3
32 beary5 $2,785.58 -7.15% 4
33 GhostC $2,782.96 -7.23% 2
34 DavidLandrum $2,695.85 -10.14% 33
35 DRL21 $2,365.79 -21.14% 1

Hey, I'm not on there. :odd:
 
MrktMkr1986
Total Value Rankings : GTPlanet2 Competition
Rank Username Net Worth % Return # Trans

4 VTGT07 $3,282.52 9.42% 29
Holy crap. And to think I had given up on this around March or so. My stuff must have turned around pretty nicely.

I'm just glad that you did better in the real market than you did in the game, Brian. :lol:
 
Here's a newer version of the rankings:

1 tsleng $4,044.03 34.80 % 8
2 CalibreDan $3,608.43 20.28 % 2
3 VTGT07 $3,344.68 11.49 % 29
4 PattyG1 $3,320.15 10.67 % 6
5 3spddrft $3,268.24 8.94 % 4
6 Mr.Omnis $3,227.26 7.58 % 17
7 evilgenius788 $3,129.63 4.32 % 3
8 andrewpaul $3,128.01 4.27 % 1
9 EventHorizon $3,118.89 3.96 % 5
10 road_dogg33j $3,108.09 3.60 % 12
11 eT.LostSoul $3,092.32 3.08 % 6
12 iceman23 $3,043.88 1.46 % 1
13 BlazinXtreme $3,043.03 1.43 % 1
14 bondy_19 $3,030.59 1.02 % 1
15 ultrabeat $3,002.15 0.07 % 0
15 Mark-Thomas $3,002.15 0.07 % 0
16 harry56 $3,001.59 0.05 % 0
17 ianbiz $3,001.50 0.05 % 0
18 adood84 $3,000.02 0.00 % 0
18 arm_the_homeless_bee $3,000.02 0.00 % 0
19 jpmontoya $2,993.94 -0.20 % 10
20 PublicSecrecy $2,983.14 -0.56 % 3
21 ckg690 $2,982.86 -0.57 % 2
22 Ev0 $2,976.68 -0.78 % 2
23 (G) $2,972.62 -0.91 % 4
24 FE111 $2,972.20 -0.93 % 4
25 Ikari $2,969.26 -1.02 % 17
26 cardude2004 $2,960.16 -1.33 % 7
27 skylineGTR_guy $2,947.14 -1.76 % 12
28 keram $2,940.09 -2.00 % 2
29 the_cobbinator $2,934.47 -2.18 % 2
30 eMadman $2,918.56 -2.71 % 6
31 spdster2005 $2,904.51 -3.18 % 28
32 Jalpa $2,887.57 -3.75 % 2
33 ALP1NE $2,846.04 -5.13 % 3
34 Nick_johnston $2,839.11 -5.36 % 3
35 beary5 $2,793.39 -6.89 % 4
36 GhostC $2,790.77 -6.97 % 2
37 DavidLandrum $2,695.87 -10.14 % 33
38 DRL21 $2,375.99 -20.80 % 1
 
I think this should run for like the next five years, instead of 'till next march. It's kind of a short scale.
 
yeah good point...... guess it gives me more time well.... a hell of a lot more time infact to actually learn the stock market...
 
Yeah I'm defiantely surprised that I'm doing as well as I am at the moment. Especially considering a few months ago I was down to about $2400 and in last place.
 
Hey,

Is it ok if me pal joins? he aint on the forums right now but i'll make him sign up soon
;)
 
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