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| Im Not Warren Buffett |
Posted: Tue May 02, 2006 9:04 am Post subject: |
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 CFO

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| jdunn72 wrote: | | Im Not Warren Buffett wrote: | Will there be a reward for people who have good returns but nearly NO trades for the month? Don't discriminate...  |
Yeah it's called the monthly portfolio challenge and it already exists. Either your strategy prevails or not. |
You can just as easily say that for active traders... I'm just saying that it doesn't seem right to provide extra incentives for active traders while giving buy-and-holders nothing else... especially considering that buy and hold has been proven to be a better strategy than market timing... |
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| Benjamin |
Posted: Tue May 02, 2006 9:11 am Post subject: |
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 Administrator

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Well, I want to reward people for using the site. If they are on either trading or posting I want to have them covered. Doesn't have too much to do with trading the "Right" way or not.  |
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| jdunn72 |
Posted: Tue May 02, 2006 2:55 pm Post subject: |
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 Member of The Month March

Joined: 26 Jan 2006
  Posts: 1407 This Month: 0
10839.59 e$
Net worth: 10,839.59 Portfolio Value: 0.00 Monthly Return: 0.00% Trades this month: 0 Churn Rate: 0.00%Items
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| Yeah, the only way you can tell if a buy and holder is coming around is if they post..... and the active traders are more than likely to be at least reading the boards somewhat.... |
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| zerolikedis |
Posted: Thu May 04, 2006 8:03 am Post subject: |
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 Investing Manager

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| I Guess my vote is for seperate. |
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| Benjamin |
Posted: Thu May 04, 2006 8:41 am Post subject: |
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 Administrator

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| Well so far the only way to become active is to get 10 posts. Nothing is official, but this little contest will reward those actives no matter how many posts they have. |
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| Dave Rathbun |
Posted: Fri May 05, 2006 3:23 am Post subject: |
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 CFO

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Okay, so my bottom line question...
Are there any code changes needed for this? Or are you using the list formats / options that we already have to do this? |
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| Benjamin |
Posted: Fri May 05, 2006 3:32 am Post subject: |
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 Administrator

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| Dave Rathbun wrote: | Okay, so my bottom line question...
Are there any code changes needed for this? Or are you using the list formats / options that we already have to do this? |
Nope, I don't think we need any code changes. Sorry for the confusion. |
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| Dave Rathbun |
Posted: Wed May 31, 2006 9:47 am Post subject: Re: Active Trader Incentives! |
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 CFO

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| Benjamin wrote: | Now that it's so easy to tell how many trades you have for the month I feel we should have some extra rewards for those who are trading consistently.
Everyone that has over 31 trades for the month will get a 5,000 e$ bonus. 31 trades would average at least one buy or sell trade per day for the month.
Of the active traders we'll award these e$ prizes (If you win it all your still entitled to this reward as well, also this includes the 5k for the 31 trades):
1st: 25,000 e$
2nd: 20,000 e$
3rd: 15,000 e$
Finally, whoever makes the MOST trades in May will receive a fine Porsche worth 50,000 e$ as long as you show a POSITIVE return!
Porsche ------>  |
Ben don't forget you have extra prizes to award this month.
By my count, there are four people with over 31 trades that are positive, only 3 of which are displayed on the "active" list. And the person with the most trades is vetelmo with (so far) 120 trades, but he has a nasty red return number so I assume that nobody wins the Porshe this month.
In fact, the top six traders ranked by trading activity are all negative this month. |
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| Benjamin |
Posted: Wed May 31, 2006 9:58 am Post subject: |
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 Administrator

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Thanks for the reminder!
Yep, looks like nobody wins the car, but I have some extra prizes to dish out.
I should have all prizes awarded by 8pm CT tonight. |
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| vetelmo |
Posted: Wed May 31, 2006 10:00 am Post subject: |
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 Moderator

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lol, yeah rub it in Dave, pour some salt on the bloody wound too while your at it!  |
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| Dave Rathbun |
Posted: Wed May 31, 2006 10:09 am Post subject: |
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 CFO

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| vetelmo wrote: | lol, yeah rub it in Dave, pour some salt on the bloody wound too while your at it!  |
Some NaCL heading your way...  |
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| Benjamin |
Posted: Wed May 31, 2006 4:41 pm Post subject: |
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 Administrator

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Hendrik.k 10.36% 34 Trades wins 25,000 e$
poornewb 6.24% 38 Trades wins 20,000 e$
JD 2.72% 34 Trades wins 15,000 e$
We had one person, JD, who snuck in to grab some e$.
Lets do this again next month!
Winners Paid! |
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| Sunnybeach777 |
Posted: Thu Jun 01, 2006 8:13 am Post subject: |
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 Investing Manager

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| Is this an ongoing thing....like every month? |
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