Boho
Thinks s/he gets paid by the post
- Joined
- Feb 7, 2017
- Messages
- 1,844
This will be my victory dance.
Either that, or a black swan. Doesn't Warren Buffet have a "system" that works?But w/o some data to show me that I can pick a strategy or someone with a strategy to do it, it's a unicorn.
Either that, or a black swan. Doesn't Warren Buffet have a "system" that works?
I'm just messing around, you know that. I'm as convinced as anyone here that consistently beating the market near impossible.
... I'm at $1,005,000 now. ...
1. exnavynuke: $1,317,526.58
2. Totoro_ERF: $1,311,227.57
3. up98down34: $1,264,512.51
4. comsecga: $1,226,090.81
5. DieWurst: $1,179,518.16
6. Fermion1: $1,178,619.67
7. nunnun: $1,147,362.15
21. BohoII: $993,718.01
...
So bragging about being up when SPY was down a fraction of a % for the day? But then, a few days later...Here's a comparison between my holdings of today and today's general bear market.
Wow, what happened between $1,005,000 on the afternoon of 12-28, and $993,718 at close on 12-29?
So we no longer care about comparing monthly gains and we have to look weekly? FWIW, I'm at $1,011,572.98 now while nunnun is at $1,152,914.39.
Here's the latest transaction count for players who had over 20 transactions throughout the contest as of November:
BohoII: 153
sengsational: 98
Spudd: 83
RISP: 37
comsecga: 31
nvestysly: 22
So of the top 6 most active traders, only one has surpassed the Buy & Hold index napper nunnun? Defies the odds! And their average is 4.34 % under the market?
Amazing! Or maybe not?
-ERD50
That was fun! After coming in late (started in Oct) and doing 'stock picking', I still managed to break into the top 10.
How does this work for 2018? Do we keep playing with our current picks or start over?
Another newbie question; my account is showing a value of approx $1,112,000. However in the rankings it is currently showing aprrox $1,022,000 (and 16th place rather than the 10th place it would be if the account showed it's actual value).
What is going on with the values in the Rankings tab?
That was fun! After coming in late (started in Oct) and doing 'stock picking', I still managed to break into the top 10.
How does this work for 2018? Do we keep playing with our current picks or start over?
...
I'd probably have predicted the same, only I'll be ahead of nunnun more often than not. Trading won't win this contest. I will.
Not only will you very, very, very probably not win the contest, you are increasingly unlikely (less than 50/50 now) to do better than the simple 'buy & hold the market and take a nap' approach.
Yeah, if you want to ignore my streak. I'm not ignoring it. I'm at $1,021,642.32.
So far, you've defied the odds by only being on the downside in this contest.-ERD50
OK, that explains things. You forgot.
a non-diversified portfolio...
I have $349,310.00 in ARNA
153 trades. Put an asterisk next to "non-diversified."
To your credit, if you still hold ARNA it's done well lately. (Do you?)
No. Bought 13000 shares on 7/11/2017 for $26.87, sold on 10/18/2017 for $27.88.
$362,440 - $349,310 = $13,130.