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| nelaina |
 Posted: Wed Feb 01, 2006 8:04 am Post subject: suddenly in the red? |
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CFO
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yep, how did that happen? I went from +0.17 to -0.17 in one minute. Ive also noticed that Dave R is + - 1.xx%...  |
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| Dave Rathbun |
| Posted: Wed Feb 01, 2006 8:07 am Post subject: |
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CFO
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| The portfolio update process only runs once an hour. Otherwise it would put too much strain on the server. So if you look just before and just after than run, you might see a big jump depending on how much your stock has moved in the last sixty minutes. |
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| poornewb |
| Posted: Wed Feb 01, 2006 8:08 am Post subject: |
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Investing Manager
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| Its a ploy you notice he is a moderator now!! He has vowed to win this month no matter what!!! I mean look at me Im down already, couldnt be that I was holding jblu this morning!! down 14% DOHHH |
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| Dave Rathbun |
| Posted: Wed Feb 01, 2006 8:10 am Post subject: |
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CFO
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I'm trying a different strategy this month. It's only the first day.  |
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| mrbradg |
| Posted: Wed Feb 01, 2006 8:14 am Post subject: |
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Investing Sr. Associate
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| I'm beginning to think the only way to win is to put all your money in one stock and the one with he greatest gain wins. If you flip stocks a lot like I do its impossible. |
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| finalnova |
| Posted: Wed Feb 01, 2006 8:30 am Post subject: |
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New Poster
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Either that. Or the stock market is crashing agin 
Which may be bad news |
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| mrbradg |
| Posted: Wed Feb 01, 2006 8:32 am Post subject: |
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Investing Sr. Associate
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| I think you missed my point just by a little bit. I ws just commenting on how the einvesting is setup of your gains and loses. Not the actual market. Sorry if I didn't explain. |
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| Dave Rathbun |
| Posted: Wed Feb 01, 2006 8:34 am Post subject: |
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CFO
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| mrbradg wrote: | | I think you missed my point just by a little bit. I ws just commenting on how the einvesting is setup of your gains and loses. |
For now, yes, this appears to be true. Changes are planned for later this year that will, as far as I can tell, remove those penalties that active traders experience here. |
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| jdunn72 |
| Posted: Wed Feb 01, 2006 8:54 am Post subject: Penalty? |
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Member of The Month
March
Joined: 26 Jan 2006
Posts: 1407
This Month: 0
11661.05 e$
Net worth: 11,661.05
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| Well, I think it is pretty close to reality. The brokers always make more money because they suffer no risk. It would probably be more realistic if the price per trade was at $7 which seems to be the avg lo ball discount brokerage fee for the normal online investor. Yes it is possible to open a large trading account on margin for daytraders where trades are much much lower priced based on volume of trades like 100 or more trades a week (and this would be a good idea for say daytrader.einvesting.com). As is, this is a good eyeopener for the paper trader who thimks he is making money but, not realizing broker fees which are very high for low stock price low volume traders. I think that a portfolio should only be considered for competition if the person is holding at least five stocks. It doesn't prove anything really to get lucky and pick one to ride and win. Diversity is the key to successfull trading and tweaking your portfolio as needed but not all the time, swapping positions changeing holdings etc., as it is expensive and seriously cuts into a traders gains. |
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| mrbradg |
| Posted: Wed Feb 01, 2006 9:08 am Post subject: |
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Investing Sr. Associate
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| Thanks Dave. Can't wait for that time. Keep us updated! |
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| showtime130 |
| Posted: Wed Feb 01, 2006 11:22 am Post subject: |
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Investing Sr. Associate
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| This is a bad start for this month... |
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| Benjamin |
| Posted: Wed Feb 01, 2006 11:27 am Post subject: |
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Administrator
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Yeah, looks pretty bad.
Even 4 out of the top 5 are in the red so far on the home page.  |
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| Im Not Warren Buffett |
| Posted: Wed Feb 01, 2006 11:35 am Post subject: |
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CFO
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| Benjamin wrote: | Yeah, looks pretty bad.
Even 4 out of the top 5 are in the red so far on the home page. |
Blah, its only one day. And I know I haven't gotten around to getting 10 posts in yet, nor have most others I suspect.
In Statistics, we call this a "small sample error".  |
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| frusnak |
| Posted: Wed Feb 01, 2006 11:40 am Post subject: |
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CFO
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| Yep, got to work on the posts. With my big returns I would be listed in the top 5... |
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| vetelmo |
| Posted: Wed Feb 01, 2006 12:38 pm Post subject: |
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Moderator
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| It was starting out to be a very bad day from me but I turned it around! |
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