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| jeter4982 |
 Posted: Fri May 06, 2005 12:32 pm Post subject: |
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Investing Sr. Associate
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Great contest! It should be a lot of fun in the next few coming months...
Tom |
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| Dave Rathbun |
| Posted: Fri May 06, 2005 2:57 pm Post subject: |
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CFO
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| thrilla wrote: | | There is a connection between trade A and trade B if they are in the same portfolio and the cash gained from A is used towards B. |
You can't tell me your broker sits down with you and figures out where the cash came from for making each trade... you just can't do it.  If you have an account, and they tell you that stock XYZ is up 10%, that means that stock XYZ is up 10%, not 5% plus some leftover from a prior investment.
| Quote: | I am stating that the calculations should be done on how much a portfolio is worth in the beginning versus how much it is worth in the end (minus the money increased during the time frame due to posts).
The one thing that complicates this problem would be the money made by posting. If it wasn't for that, the solution would be much simpler. |
Definitely those are valid points. Taking a brief side jaunt on our journey I've seen / participated in contests where every other contest would switch gears. The first contest was for the most $$$, and however you got there was fine. Make tons of very small (but winning) trades and you accumulate the most cash. The next contest might be for %, and you're looking for a few trades that will do very well. Perhaps that's something to consider?
Back on topic... in order to track true "portfolio" return, the simulator would have to mark a starting point (saved balance) and an ending point (another saved balance) and eliminate all increases / decreases due to "cash" transactions such as posting $, traded $, and anything else that might come along. Is it doable? I bet it is.  |
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| thrilla |
| Posted: Fri May 06, 2005 4:03 pm Post subject: |
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Investing Sr. Associate
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| Dave Rathbun wrote: | | You can't tell me your broker sits down with you and figures out where the cash came from for making each trade... you just can't do it. If you have an account, and they tell you that stock XYZ is up 10%, that means that stock XYZ is up 10%, not 5% plus some leftover from a prior investment. |
This is all fine and good, but I never had a problem with the way individual stocks or trades were calculated. Go back and read my posts...my concerns were always about how Portfolio Return is calculated. Go ahead and click on the Trading Sim Rankings. The rankings are based on Portfolio Return %, but the % does not accurately calculate how the overall portfolio performed. |
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| Dave Rathbun |
| Posted: Fri May 06, 2005 5:37 pm Post subject: |
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CFO
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| thrilla wrote: | | This is all fine and good, but I never had a problem with the way individual stocks or trades were calculated. Go back and read my posts...my concerns were always about how Portfolio Return is calculated. Go ahead and click on the Trading Sim Rankings. The rankings are based on Portfolio Return %, but the % does not accurately calculate how the overall portfolio performed. |
Yeah, I get it.
| Dave Rathbun wrote: | | Back on topic... in order to track true "portfolio" return, the simulator would have to mark a starting point (saved balance) and an ending point (another saved balance) and eliminate all increases / decreases due to "cash" transactions such as posting $, traded $, and anything else that might come along. Is it doable? I bet it is. | |
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stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
