The 2005 Stock Challenge +-
 

Look people... we aint getting any younger. Lets invest. Whoever is interested. Lets start with $100 in a sharebuilder acct. or any stock company of your choice. You dont add cash to this acct. Just the original $100.

[we could all put $5 in a paypal acct and give that to the winner to invest in the 2006 challenge??]

Im putting $100 on MKTY. just post if you are interested in joining up.

[p.s. send me a smoke with your email address and I can send you an invite that has $25 to start investing with.]

This could be fun cuz its real money.

http://game.marketwatch.com/Site/Images/vse88x31.gif

Competition ID: ChiefsPlanet
Competition Name: 2005 ChiefsPlanet Stock Challenge
Competition Password: kingcarl

start with 100,000 bucks. Game starts on Jan 1st-2005 and ends Dec 31st-2005

a few have joined. this should be interesting... So who all is interested in this?

only kcnut and a couple other so far. You guys are weak.

Hmmmm.....I'm going to check this out...lemme see...

Some good info I found along the way...

Risk (vs) Reward Ratio
> Formula **
>
______________________________________________________________________
> ________ I have received a few questions regarding Risk (vs)
Reward
> Ratio Formulas. I have used this Ratio in a few examples in the
past.
> Although Risk is something you have to judge for your self in as
far
> as your trading style . There are a few generally accepted ratio
> formulas. This is hard to explain since it is part of a total money
> management system, however if you allow me to give you some basic
> back ground on portfolio management it will make more sense. The
> first thing about money management you must understand is DEFENSE
is
> extremely important. For example a 25% loss would require a 34%
gain
> just to break even not counting trading cost. A 50% loss would
> require a 100% gain just to break even again not counting trading
> cost. A 80% loss would require a 400% gain just to break even, Ex:
> $100 - 80 = 20
> x 4 = 80 or expressed another 400%

I will begin with the simplest Risk
> (vs) Reward Ratio Formula. / Risk (vs) Reward Ratio Formula. In
order
> to calculate risk you must look at Technical Analysis, & understand
> stock pivot points, support & resistance levels as well as market
> momentum. The next step is to establish a trading journal,& then a
> list of potential of either buy or sell candidates. I call this my
> watch list, I further divide it into categories Buy List, Sell
List,
> Put or Short List, Call or margin Buy List. So we now find a stock
> that we believe is a good buy candidate { XYZ } & we look at its
> sector & see that it is either in favor or should soon rotate into
> favor. Next we look for a catalyst to move the stock, Earnings
> Report, New contract awarded etc... We then look at
> technicals such as Bollinger Bands, Money Flow ={ MFI }, ADX,
MACD,
> RSI. We now look at 52 week high, 52 week low, 5 day moving
average,
> 20 day moving average, 50 day moving average, 100 day, 200 day
moving
> averages. We ideally want { XYZ } at or near its 52 week low, with
> its 5 day moving average above its 20 day moving average. We want
to
> establish a Maximum loss on the trade that we are willing to
accept.
> We can either use a straight % such as 10% loss or use a support
> level below our entry level as an exit price or even a % below the
> stocks support Level such as 5% . Thats say we have decided to take
> 3% from our risk portfolio, 3% is mathematically the maximum amount
> you can risk of your total capital in blackjack in order to stay in
> the game. I personally go a bit further & Divide my capital into 2
> separate portfolios. one is passive & one is actively managed. I
> Typically put 70% in the passive portfolio which is a combination
of
> the S&P-500 & Short Term Treasuries. & 30% in
> the active portfolio, this is the one that is actively traded. I
> further take 10% of the active portfolio, which is 3% of the total
> portfolio & allocate it for penny stocks. Thats say your total
> capital for investing is $ 100,000.00 , you would allocate $
> 70,000.00 to your passive portfolio & $ 30,000.00 to your Active
> portfolio. out of the $ 30,000.00 you take $ 3,000.00 for hyper
> aggressive pennies. Now back to our { XYZ } stock, it has a price
of
> $ 20.00 & a 52 week high of $ 60.00 & a 52 week low of $ 15.00, The
> Stock has a support at $ 20.00 & resistance at $ 27.00. We set a
> target price of say $ 30.00 based on fundamental & technical
analysis
> + economic climate & what we believe will be an up turn for the
> company in the next few months based on a possible increase of
demand
> for { XYZ } product. Now for the basic formula our entry price is
$
> 20.00, Stop loss at $ 15.00, which is the next support level we
then
> enter our target price of $ 30.00. So our max loss is $ 5.00 per
> share not counting trading cost. Our max gain is $ 30.00. So 100
> shares at $ 20.00 is $ 2,000.00, if we had to to sell it at $ 15.00
a
> share, we would loose $ 5.00 a share or $ 500.00. If the stock goes
> to $ 30.00 a share, we would sell it & have a profit of $ 10.00 a
> share or $ 1,000 . So here we are looking at a 2 to 1 ratio.
> Potential loss is $ 500.00 which is half of $ 1,000.00 . There are
> other more complex formulas, such as comparing it to risk free
> investments such as Treasuries, & also comparing it to its own bond
> yield (vs) stocks earning yield. There are various approaches to
> investment management. I will have more on this later in a follow
up
> Article: Engineered Portfolio Construction .

ok this thing has begun... and I am doing horribly. Luckily in real life I have hit a few pics.

I will post the January results of the 2005 Chiefsplanet Stock Market Challenge Rankings after the final day of trading is complete.

I bought a bunch of Accelrys in the Game with my 100,000... I was convinced it was gonna move higher towards its resistence. of 15.71 however, I held and have lost a ton in it. They had news in December of forming a consortium of specialists and researchers in the nanotechnology sector.

- What trades did you make in January? Let us know your pics... and you can still win. I will personally give the winner of 2005 Stock Market Challenge $50 [:: in on a future OTCBB or PinkSheets stock to be named later ::]


currently in my active trading acct, I have GTEL in @ .103 now @18.3

and WBSK today had its highest ever day of Volume... so this morning I bought 35000 for 150$ @ .0044 sold it today at .007 man... it was only 150, now is $245. that owns. I should have did some on the Stock Market Game. :cuss:

can one join at any time?

yep... join at any time. Jan 1st - Dec 31st... its conceiveable that someone can win who joins in August 2005

Total Rankings are updated after trading hours every Monday thru Friday. They reflect how competitors have performed since the start of the competition.

Total Value Rankings : ChiefsPlanet Competition
Rank Username Net Worth % Return # Trans
1 Dartgod $140,161.02 40.16 % 0
2 Hydreaswife $100,417.00 0.42 % 0
2 chiefs5859 $100,417.00 0.42 % 0
2 arrowheadrocks $100,417.00 0.42 % 0
3 kcnut $98,236.59 -1.76 % 0
4 mrbiggz $98,184.78 -1.82 % 0
5 bkkcoh $96,724.30 -3.28 % 0
6 Jenson71 $94,912.22 -5.09 % 0
7 hemied $91,276.86 -8.72 % 0
8 Iowanian $79,109.66 -20.89 % 0
9 CIAninja $72,148.58 -27.85 % 0
10 thestickboy $66,984.28 -33.02 % 0
11 RedandGold $65,036.58 -34.96 % 0

2/24/2005 $117,376.00 $0.00 $-20,651.70 $96,724.30 -3.28%

2/23/2005 $115,696.00 $0.00 $-20,648.31 $95,047.69 -4.95%

2/22/2005 $113,004.00 $0.00 $-20,644.92 $92,359.08 -7.64%

2/21/2005 $114,916.00 $0.00 $-20,641.53 $94,274.47 -5.73%

2/18/2005 $114,916.00 $0.00 $-20,638.14 $94,277.86 -5.72%

2/17/2005 $114,432.00 $0.00 $-19,730.85 $94,701.15 -5.30%

2/16/2005 $105,728.00 $0.00 $-9,827.66 $95,900.34 -4.10%

2/15/2005 $103,824.00 $0.00 $-9,826.04 $93,997.96 -6.00%

2/14/2005 $101,348.00 $0.00 $-9,824.43 $91,523.57 -8.48%

2/11/2005 $99,174.00 $0.00 $-8,988.12 $90,185.88 -9.81%

2/10/2005 $67,207.00 $0.00 $22,711.68 $89,918.68 -10.08%

2/9/2005 $19,975.00 $0.00 $69,624.05 $89,599.05 -10.40%

2/8/2005 $32,085.00 $0.00 $58,001.37 $90,086.37 -9.91%

2/7/2005 $19,990.00 $0.00 $69,954.97 $89,944.97 -10.06%

2/4/2005 $22,200.00 $0.00 $47,922.26 $70,122.26 -29.88%

2/3/2005 $25,807.50 $0.00 $44,294.41 $70,101.91 -29.90% <== low point

2/2/2005 $26,235.00 $0.00 $44,289.56 $70,524.56 -29.48%

2/1/2005 $0.00 $0.00 $70,502.16 $70,502.16 -29.50%

1/31/2005 $73,070.00 $0.00 $-2,595.81 $70,474.19 -29.53%

1/28/2005 $44,815.00 $0.00 $25,144.52 $69,959.52 -30.04%

1/27/2005 $64,910.00 $0.00 $5,746.72 $70,656.72 -29.34%

1/26/2005 $45,325.00 $0.00 $25,766.04 $71,091.04 -28.91%

1/25/2005 $77,685.00 $0.00 $-7,457.08 $70,227.92 -29.77%

1/24/2005 $85,780.00 $0.00 $10,080.94 $95,860.94 -4.14%

1/21/2005 $84,830.00 $0.00 $10,079.84 $94,909.84 -5.09%

1/20/2005 $100,993.00 $0.00 $-6,683.92 $94,309.08 -5.69%

1/19/2005 $81,220.00 $0.00 $13,917.13 $95,137.13 -4.86%

1/18/2005 $65,170.00 $0.00 $31,185.41 $96,355.41 -3.64%

1/17/2005 $95,086.42 $0.00 $181.34 $95,267.76 -4.73%

1/14/2005 $95,086.42 $0.00 $181.32 $95,267.74 -4.73%

1/13/2005 $111,963.58 $0.00 $-16,614.75 $95,348.83 -4.65%

1/12/2005 $112,998.78 $0.00 $-17,162.12 $95,836.66 -4.16%

1/11/2005 $108,858.40 $0.00 $-13,594.40 $95,264.00 -4.74%

1/10/2005 $121,980.86 $0.00 $-26,072.22 $95,908.64 -4.09%

1/7/2005 $118,971.00 $0.00 $-24,003.08 $94,967.92 -5.03%

1/5/2005 $147,040.28 $0.00 $-52,251.84 $94,788.44 -5.21%

1/4/2005 $157,471.40 $0.00 $-61,563.36 $95,908.04 -4.09%

1/3/2005 $0.00 $0.00 $100,010.95 $100,010.95 0.01%

anyone still keeping up with this?

Total Value Rankings : ChiefsPlanet Competition
Rank Username Net Worth % Return # Trans
1 MiloH $768,395.18 668.40 % 5
2 CIAninja $382,510.86 282.51 % 21
3 mrbiggz $161,260.85 61.26 % 28
4 Dartgod $131,709.45 31.71 % 6
5 kcnut $103,323.83 3.32 % 4
6 Hydreaswife $102,876.86 2.88 % 0
6 chiefs5859 $102,876.86 2.88 % 0
6 arrowheadrocks $102,876.86 2.88 % 0
7 Jenson71 $98,440.66 -1.56 % 4
8 hemied $94,611.22 -5.39 % 5
9 bkkcoh $90,178.27 -9.82 % 120
10 Iowanian $84,839.69 -15.16 % 54
11 RedandGold $79,301.99 -20.70 % 6
12 thestickboy $39,611.89 -60.39 % 5

Is there going to be a contest for 2006?