Day Trader Challenge - Win a Silver Florin!

Discussion in 'Stocks & Derivatives' started by miniroo, Aug 6, 2016.

  1. miniroo

    miniroo Well-Known Member Silver Stacker

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    Competition for budding stock market guru's, do you have what it takes to be a successful day trader?

    You get $10,000 to buy one stock before the market opens Monday morning.

    End of trading day, I will sell that stock at market value and credit your account, you buy another that night before midnight using the balance.

    5 buys over 5 days .. competition ends at market close on Friday.

    Guru with the most money friday night wins a 1927 florin, 92.5% silver, plus title of Day Trader Guru for the week.

    All you need to do to enter is name a different stock each day over 5 days using your balance.
     
  2. miniroo

    miniroo Well-Known Member Silver Stacker

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    666,666 of GMC @ 1.5c = $9999.99
     
  3. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    What price do we get for our purchase? Previous day's closing price (known)? Or official opening price of that day (unknown)?
     
  4. bloomst

    bloomst Well-Known Member Silver Stacker

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    10,471 of BLK at $.0955
     
  5. olifrated

    olifrated Member Silver Stacker

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  6. Sid

    Sid Member

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    2,000,000 KBL @ $0.005
     
  7. radiobirdman

    radiobirdman Active Member Silver Stacker

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    10 grand, hookers and cocaine for all
     
  8. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

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    Best recommendation so far
     
  9. scrooged

    scrooged New Member

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    41,666 KNL @ $0.24
     
  10. nickybaby

    nickybaby Member Silver Stacker

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    All in Byro ( assuming oppies allowed) if not byr
     
  11. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    I will also go with 41,666 KNL @ $0.24
     
  12. radiobirdman

    radiobirdman Active Member Silver Stacker

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    36363 BGS @ $0.275
     
  13. Peter

    Peter Well-Known Member

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  14. Peter

    Peter Well-Known Member

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  15. miniroo

    miniroo Well-Known Member Silver Stacker

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    ok, Thanks to all who entered, all stocks are locked in until market closes and money returned to your account.

    We have a group buy entrant, the silver stackers forum members who prefer to buy & hold silver.
    So, I have bought allocated silver to be held until 5pm Friday, it will then be cashed out at the current spot price.

    miniroo: 666,666 - GMC
    bloomst: 10,471 - BLK
    olifrated: 476,190 - MOX
    Sid: 2,000,000 - KBL
    scrooged: 41,666 - KNL
    nickybaby: 144,927 - BYR
    BuggedOut: 41,666 - KNL
    radiobirdman: 36,363 - BGS
    Peter: 3,333,330 - HEG

    Silver Stackers: 386 oz - Silver

    Be sure to drop by each day after market closes to buy your next stock with the balance.
     
  16. southerncross

    southerncross Well-Known Member Silver Stacker

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    All in your mind
    Only a Moron would buy one day and sell the next, but that figures really on this thread.
     
  17. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Day trading is legitimate trading segment. Likely to be any many more people making a living off trading in this segment than there are PM collectors.
     
  18. miniroo

    miniroo Well-Known Member Silver Stacker

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    Results are in, shares have been sold and Sid is in 1st place at end of day 1, pocketing a cool $2000 for his days work.

    Next round begins, submit your new stock for tomorrow's trading by midnight melb' time using your current balance.

    #1 Sid: 2,000,000 - KBL @ 0.006 = $12,000
    #2 miniroo: 666,666 - GMC @ 0.018 = $11,999.98
    #3 BuggedOut: 41,666 - KNL @ 0.285 = $11,875.81
    #4 scrooged: 41,666 - KNL @ 0.285 = $11,875.81
    #5 Peter: 3,333,330 - HEG @ 0.003 = $9,999.99
    #6 nickybaby: 144,927 - BYR @ 0.068 = $9,855.03
    #7 radiobirdman: 36,363 - BGS @ 0.270 = $9,818.01
    #8 bloomst: 10,471 - BLK @ 0.93 = $9,738.03
    #9 olifrated: 476,190 - MOX @ 0.019 = $9,047.61

    Silver Stackers: 386 oz - Silver
     
  19. miniroo

    miniroo Well-Known Member Silver Stacker

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    999,999 CZN @ 0.012
     
  20. bloomst

    bloomst Well-Known Member Silver Stacker

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    17,705 of MDL @ $0.55
     

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