The HL Investment Challenge - Page 48

Tech Geek Deluxe · July 3rd, 2008

Screwball ... you can make the top in one day of trading ... with insider info ... or one day of trading with excellent technique and fast execution ... or do it slowly with expertise and patience.

Hey ... I've been trading for over a decade ... so for me it is just simply putting in 10 min a week with a different trade system with different techniques and charting.

So even if I got upside down by 9K ... I'd likely still play.

I started with 10K over a decade ago. Spent $700 on a PC ... Lost 8.5K and "Averaged Down" on a stock starting at $0.43 down to $0.025 ... making my 48K shares at $0.03 or so average ... then it went up to over a buck with my out price at an average of $0.11

So it is an opportunity to keep sharp with substandard charting.

I trade Forex now.

screwballl · July 3rd, 2008

right... but a good majority of those in this game are either not traders, have no insider info or as drew said, cared enough to start but not actually follow through with it.

WhiteEagle · July 3rd, 2008

I'm gonna make a trade or two today and then watch and see where it goes again.

Tech Geek Deluxe · July 3rd, 2008

Screwball ... such is why some get rich in the market and some lose ... and why casinos get bigger and richer.

There is gambling and there is discipline. Gamblers lose ... the disciplined can win.

Side note: My Dad was one of the first and best card counters in Black Jack and authored one of the first difinitive works on the subject.

OcciferFriendly · July 7th, 2008

Yeah, it's tough being a complete **** to this, but it's been very interesting to me. I think it's a great way to learn before you start using real money to do similar things.

Tech Geek Deluxe · July 7th, 2008

Quote:

Originally Posted by OcciferFriendly

I think it's a great way to learn before you start using real money to do similar things.

Good traders will train for months before playing with real money. Discipline and clear rules sets are critical ... especially for technical traders.

tiredoldman · July 13th, 2008

Quote:

Originally Posted by OcciferFriendly

I'm in! Hopefully I do better than in that other game - I got smoked over there!

Yeah, me too. I guess I just got bored due to time between buy and gains.

**Reloadron** · July 13th, 2008

Thank God in real life I have someone doing this for me.

When I want to buy something I call Jack and Jack frequently says Ron stupid move and why. Then too, sometimes Jack says good move Ron we will do it.

Ron

**Capper** · July 13th, 2008

Actually, i got pissed at the game about a month ago....it didn't post like three trades in a row that would have taken me from about $8K to $12K....so i intentionally bought a stock after a big warning came out on the company.

I'd like to make this a regular contest though....maybe every six months we restart the count or something.

OcciferFriendly · July 13th, 2008

Quote:

Originally Posted by Capper

I'd like to make this a regular contest though....maybe every six months we restart the count or something.

That's a great idea Capper.

July 3rd, 2008	#471
Tech Geek Deluxe Eat from the right tree Join Date: Oct 2007 Posts: 795	Re: The HL Investment Challenge Screwball ... you can make the top in one day of trading ... with insider info ... or one day of trading with excellent technique and fast execution ... or do it slowly with expertise and patience. Hey ... I've been trading for over a decade ... so for me it is just simply putting in 10 min a week with a different trade system with different techniques and charting. So even if I got upside down by 9K ... I'd likely still play. I started with 10K over a decade ago. Spent $700 on a PC ... Lost 8.5K and "Averaged Down" on a stock starting at $0.43 down to $0.025 ... making my 48K shares at $0.03 or so average ... then it went up to over a buck with my out price at an average of $0.11 So it is an opportunity to keep sharp with substandard charting. I trade Forex now. Main: 3ghzQ6600, Gemini2, IP35 Pro, PC 610W PSU, 4GB 6400, XP Pro, 500GB raid 0, 22" + (2)19" WS LCD's w/ Palit 9600 GT and Dual Core Notebook. Cambridge # 12 Portable, Rode Podcaster Fios-15mbs Server: 3.6ghzE3110 Big Typhoon, Gigabyte P35-DS4, 550VX PSU, 8GB DDR2 8000, XP 64, 320GB raid 0, (2) 19" WS LCD, XFX 9600GT, HT 550Pro, BoomTube Portable VidServer: 3ghzQ6600, Nirvana, BloodIron, PC 610W PSU, 4GB 6400, XP Pro, ATI, Bose Sound. Draft-N LanBox: IceCube, 3.6ghzE8400, HDT, EVGA mATX, PSU, 2GB, XP, XFX, 500Gb Sata. Last edited by Tech Geek Deluxe; July 3rd, 2008 at 10:50.

July 3rd, 2008	#472
screwballl Colonel Calamity Join Date: Oct 2006 Location: Sandy South Posts: 6,279 Blog Entries: 6	Re: The HL Investment Challenge right... but a good majority of those in this game are either not traders, have no insider info or as drew said, cared enough to start but not actually follow through with it. Thanks HL and Corsair! My opinions are my own and not representative of this site or its members.

July 3rd, 2008	#473
WhiteEagle Call me "BigMac" Join Date: Oct 2006 Location: Alberta, Canada Posts: 1,029	Re: The HL Investment Challenge I'm gonna make a trade or two today and then watch and see where it goes again.

July 3rd, 2008	#474
Tech Geek Deluxe Eat from the right tree Join Date: Oct 2007 Posts: 795	Re: The HL Investment Challenge Screwball ... such is why some get rich in the market and some lose ... and why casinos get bigger and richer. There is gambling and there is discipline. Gamblers lose ... the disciplined can win. Side note: My Dad was one of the first and best card counters in Black Jack and authored one of the first difinitive works on the subject. Main: 3ghzQ6600, Gemini2, IP35 Pro, PC 610W PSU, 4GB 6400, XP Pro, 500GB raid 0, 22" + (2)19" WS LCD's w/ Palit 9600 GT and Dual Core Notebook. Cambridge # 12 Portable, Rode Podcaster Fios-15mbs Server: 3.6ghzE3110 Big Typhoon, Gigabyte P35-DS4, 550VX PSU, 8GB DDR2 8000, XP 64, 320GB raid 0, (2) 19" WS LCD, XFX 9600GT, HT 550Pro, BoomTube Portable VidServer: 3ghzQ6600, Nirvana, BloodIron, PC 610W PSU, 4GB 6400, XP Pro, ATI, Bose Sound. Draft-N LanBox: IceCube, 3.6ghzE8400, HDT, EVGA mATX, PSU, 2GB, XP, XFX, 500Gb Sata.

July 7th, 2008	#475
OcciferFriendly Go ahead, try to get away Join Date: Mar 2007 Location: Appleton, WI Posts: 152 Blog Entries: 1	Re: The HL Investment Challenge Yeah, it's tough being a complete **** to this, but it's been very interesting to me. I think it's a great way to learn before you start using real money to do similar things. OcciferPrime Specifications: Intel Core 2 Quad Q6600 @ 3.14 GHz Asus P5K-E/Wifi-AP \| Visiontek HD 3870 2 GB OCZ Platinum DDR2-800 WD Raptor 150 GB \| WD Caviar 80 GB PC Power & Cooling Silencer 610W Win XP Pro SP2

July 13th, 2008	#478
Reloadron Helper Person In General Join Date: Jan 2007 Location: Cleveland, Ohio Posts: 1,453	Re: The HL Investment Challenge Thank God in real life I have someone doing this for me. When I want to buy something I call Jack and Jack frequently says Ron stupid move and why. Then too, sometimes Jack says good move Ron we will do it. Ron

July 13th, 2008	#479
Capper We take both criticism and positive comments very positively Join Date: Dec 2005 Location: Las Vegas, NV Posts: 5,868 Blog Entries: 6	Re: The HL Investment Challenge Actually, i got pissed at the game about a month ago....it didn't post like three trades in a row that would have taken me from about $8K to $12K....so i intentionally bought a stock after a big warning came out on the company. I'd like to make this a regular contest though....maybe every six months we restart the count or something. INTEL E8400 // Gigabyte EP45 Extreme // 4GB DDR3-1600 // Palit HD 4870 // Antec 1200 // Seagate 750GB HDD // Zalman CNPS9700 // BFG ES 800W PSU

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