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Vester, How did you do it?


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Vester, How did you do it? « View previous topic :: View next topic »
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mrbradg
PostPosted: Tue Dec 27, 2005 7:58 am Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 25 Oct 2005

Posts: 93
This Month: 0
Location: Huntsville, AL
53286.35 e$

Net worth: 55,796.35
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Vester you seem to be doing pretty well this month. Any secrets of your picks? What do you use for research or to find your picks? Anything would help.
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Vester
PostPosted: Tue Dec 27, 2005 8:06 am Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 26 Sep 2005

Posts: 195
This Month: 0
Location: IL
38255.88 e$

Net worth: 90,260.88
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

I got lucky with a Cramer pick from a while back. I went pretty much fully vested in the one stock and it sailed. I then didn't put a bunch more e$ in the Sim to hold my gains steady.

I think this is key. If your making money don't put in a bunch more e$ or your overall % will go down on the gains you've made. However if your down you might as well put in more and diversify better to try to even yourself out.

I doubt thats how you should do it in real life, but it works for the game.

Also, put in all the money you want to invest for the month at the start of the month.

If you start with 10,000 e$ and a stock is doing badly sell it and only reinvest as much as you've sold.

Then use the month to make more e$ so next month you can invest more in the beginning.
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