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Old 03-29-2017, 02:39 PM   #221
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Looks like Investopdia is a no go for me.

Digging deeper, can't trade mutual funds or bonds .

Back to the drawing board and starting to feel like Goldilocks.
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Old 03-29-2017, 03:03 PM   #222
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Quote:
Originally Posted by easysurfer View Post
Looks like Investopdia is a no go for me.

Digging deeper, can't trade mutual funds or bonds .

Back to the drawing board and starting to feel like Goldilocks.
If you change your mind or choose something else, try to make the delay a little longer than suggested just in case there's a race condition (that's a programming term but you know what I mean). If it's longer than their updates that will reduce the chances of a problem.

And keep the trading fees similar to current fees. $19.99 is too high these days.

If ETFs are allowed, I don't see the big deal about no mutual funds. That's the least of the issues I have with the contest.

Since we're the founding fathers of this contest, I won't create it until you have time to figure out what you want, but I think we need to choose something.
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Old 03-29-2017, 03:26 PM   #223
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If you change your mind or choose something else, try to make the delay a little longer than suggested just in case there's a race condition (that's a programming term but you know what I mean). If it's longer than their updates that will reduce the chances of a problem.

And keep the trading fees similar to current fees. $19.99 is too high these days.

If ETFs are allowed, I don't see the big deal about no mutual funds. That's the least of the issues I have with the contest.

Since we're the founding fathers of this contest, I won't create it until you have time to figure out what you want, but I think we need to choose something.
Investopedia does allow for ETFs. But one thing worth noting, I think you have to be a registered user to see the leader board. In other words, look like no viewing of the leader board from the cheap seats sidelines here, which does take away some of the fun and to keep in mind.

As for the parameters and delays, probably won't impact me but maybe some of the other bigger traders here want to chime in as to what settings to use. Just decide on things like the commissions that we can agree on.

I do like start with $1MIL, and 3 year contest.

Probably keep the part of market delay, daily volume and option delay volume.
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Old 03-29-2017, 03:39 PM   #224
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I'm going to register with "How the Market Works" to see how friendly that looks. They might have a viewable public leader board that would be more fun. If not, investopdia would work for me with ETFs.
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Old 03-29-2017, 03:44 PM   #225
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I got free trading in real life for up to 100 trades/month, spread between 3 accounts with one particular brokerage, but it may be a special deal. Schwab, where I still have accounts, charges $4.95, so $5 would seem fair for trading fees.
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Old 03-29-2017, 03:57 PM   #226
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If this will be more than a year then you definitely have to be the one at the controls because I don't want to commit to sticking around that long. And those who are in it to win will be more likely to lose interest as they fall further behind the leaders.
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Old 03-29-2017, 04:13 PM   #227
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If this will be more than a year then you definitely have to be the one at the controls because I don't want to commit to sticking around that long. And those who are in it to win will be more likely to lose interest as they fall further behind the leaders.
Went to HowTheMarketWorks. No public leader board either (have to register to view) and the interface seems clunky to me. So, I think Investopdia should be fine.

Guess I'll have to go back to posting updates every once in awhile like I originally planned on Simvest. Or I suppose folks who just want to be a spectator can register and not trade but still sign on to see who's up and who's down.

I don't mind creating the contest as I'll be around for over a year. I think folks can quit anytime so if they lose interest, that's no problem. No requirement to stick it out.

What commission fees do we want then if the default ones are too high? Give some numbers .
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Old 03-29-2017, 04:40 PM   #228
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What commission fees do we want then if the default ones are too high? Give some numbers .
On Feb. 28 there were articles on Fidelity and Schwab cutting fees to $4.95. That seems about right.
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Old 03-29-2017, 05:01 PM   #229
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On Feb. 28 there were articles on Fidelity and Schwab cutting fees to $4.95. That seems about right.
I'll use $4.95 or $5 for the fees then.

Hope to have a contest created in a few hours.

NW-Bound -- didn't see your same mention until just now.
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Old 03-29-2017, 05:58 PM   #230
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Here we go (link to "Beat Boho" contest - v2.0):

Stock Picking (Beat Boho) Contest - V2.0
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Old 04-05-2017, 12:20 PM   #231
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I know we abandoned this but I left my investment in it the same and Fermion is headed to the top. That is biotech. It kicks you in the nuts then lifts you to the clouds.
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Old 04-05-2017, 12:25 PM   #232
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A way to make the contest work on this Simvest is for someone to start a new contest as a teacher and to review everyone's trades to make sure the prices are correct, but it's too much trouble.
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Old 04-19-2017, 07:03 PM   #233
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So is this one over? LOL LOL I still check it daily....... Let me know.........
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Old 04-19-2017, 07:35 PM   #234
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So is this one over? LOL LOL I still check it daily....... Let me know.........
Yeah. It's still there and people could trade but nobody considers it a competition any more.
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Old 04-19-2017, 08:11 PM   #235
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So is this one over? LOL LOL I still check it daily....... Let me know.........
Note that the "Beat Boho 2.0" contest is alive and kicking .
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Old 04-20-2017, 10:06 AM   #236
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Note how Fermion is headed to the very top. Even though we are not trading in this contest anymore, I left the investments the same.

Biotech roller coaster
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