Silver Stackers Super Trader I

Discussion in 'Stocks & Derivatives' started by Greenman, Feb 24, 2014.

  1. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    I wonder if the host knew what he had for lunch by the smell of the belch
     
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Must be pretty confident US GDP and Chinese PMI will come in as expected
     
  3. Greenman

    Greenman Member Silver Stacker

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    Can't speak for others, but I need to lock mine in early before viewing other peoples trades. :). Not sure it would make much difference with my selection anyway. :rolleyes:
     
  4. whereisado

    whereisado Member

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    Game ON! Too bad if GFC 2: "The NWO End Game" surprises us in the next 15 weeks! should have bought PMs :cool:

    Its a working strategy..
     
  5. slipage

    slipage New Member

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    Hope you didn't pick bgs:)


    Maybe in late March April as a trade
    Keeper not touching mining stocks
     
  6. Greenman

    Greenman Member Silver Stacker

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    Just waiting for Eureka Moments now. I hear QAN is a good pick, mate.
     
  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Im in now.

    Total novice trader....is there a booby prize for the first to go bust. :lol:
     
  8. Greenman

    Greenman Member Silver Stacker

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    Just locked you into equal favorite. :)

    All in. Stand By...
     
  9. Greenman

    Greenman Member Silver Stacker

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    Week One - Market Open.

    [​IMG]
     
  10. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    lol it's amazing how many of the same stocks we picked
     
  11. slipage

    slipage New Member

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    Why am I down 8% the stocks haven't even opened yet
     
  12. Greenman

    Greenman Member Silver Stacker

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    Leaderboard is based on the bid price after weekend trading each week. Lucky your not paying brokerage too. ;)
     
  13. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Rule 10 - It nearly bit me in the ass too when trawling the 0.001c stocks - I had to reassess my picks when I saw the damage this can do.
     
  14. Greenman

    Greenman Member Silver Stacker

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    and...

    RANKING:

    Your weekly ranking in this competition is based on the bid price of your three current stocks plus the cash component of your portfolio (10% max.) once the weekend trading period is closed.
     
  15. bull_bear

    bull_bear New Member Silver Stacker

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    Yep, bid/ask can be a killer like that, either going to work out really well or really badly for me.
    Would never buy this portfolio in real life.
     
  16. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Is this an effective strategy in real life? Do people ride stocks like Motopia from 0.001 to 000.2 for 100% profit and sell again to buy back at 0.001? I would assume the volume to find a buyer at 0.002 would be non existent
     
  17. bull_bear

    bull_bear New Member Silver Stacker

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    Very hard in real life. For that MTB stock i have in my portfolio the volume at .001 is only worth $100. Add $20 brokerage, and your order at .002 goes behind all others already in at .002, so its usually very hard to make money doing this.
    And the thanks for the above post is my fat-fingered attemp at pressing quote
     
  18. trew

    trew Active Member Silver Stacker

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    I've assumed dividends are not counted in the game as there were no rules mentioning dividends


    Lots of stocks going ex div in the next few weeks
     
  19. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    Yep. I used to regularly trade in and out of a stock called Hydromet. It bounced like clockwork between 4 and 5c, so every trade was worth 25% profit. Made $1000's on this one. :)
     
  20. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    It was mentioned in the EOI thread .... http://forums.silverstackers.com/message-640144.html#p640144

    I am assuming this still holds, or the whole strategy changes for me.
     

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