Learning to invest - competition

Simply put, the trading competition went straight to hell. Ok, it wasn't that bad, but during the 4 weeks the competition lasted I only traded on two days, altogether made 12 trades. Out of which 7 were winning trades and 5 were losing trades. Overally I produced no profit, but rather a small minus. Why? Two main reasons. When doing those trades I did them for the simple reason of doing trades not based on some great analysis. I just didn't feel I'm capable of doing the trades just not yet, bu... Continue reading

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Competition: First Day’s thoughts

Monday, November 27, 2006 / 16:01:59 / Platform reviews

Even though the competition started yesterday, I didn’t do any trades. Today I thought I’d try it out a bit. Firstly, I have another site where I have generated some industry stock lists and such...and while, let me be honest, the lists don’t really give too accurate information (in addition to the 15 minute delay there are often also update problems) I found the sector/industry Metal Fabrication/Industrial Goods was up 4.2% today and from there I found the stock MINI. Now I checked the stock ... Continue reading

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Trading competition, 4 weeks

Monday, November 27, 2006 / 16:01:39 / Platform reviews

Even though I'm not really trading yet, there's a local trading competition I have registered to take part from. It lasts 4 weeks, the start-up capital is EUR 10 000 and every trading day (20 days) EUR 1000 is added. The entrance to the competition costs around EUR 6 and there are prizes for the best ones. It's not available in English, thus there's no point in giving you the url. However, in this channel of the site I will be talking about my trades that I do there, why I do them and when I d... Continue reading

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