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www.eInvesting.com Forum Index » e$ Incentives

Active Trader Incentives!


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Im Not Warren Buffett
PostPosted: Tue May 02, 2006 9:04 am Post subject: Reply with quote

CFO
CFO

Joined: 26 Nov 2005

Posts: 3469
This Month: 2
Location: Boston
7554.52 e$

Net worth: 5,894,091.52
Portfolio Value: 31,818.00
Monthly Return:
0.19%
Trades this month: 0
Churn Rate: 0.00%

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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... Wink


Yeah it's called the monthly portfolio challenge and it already exists. Either your strategy prevails or not. Cool


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
PostPosted: Tue May 02, 2006 9:11 am Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
255930.50 e$

Net worth: 255,945.50
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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. Wink
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jdunn72
PostPosted: Tue May 02, 2006 2:55 pm Post subject: Reply with quote

Member of The Month
March
Member of The Month<br>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

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
PostPosted: Thu May 04, 2006 8:03 am Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 12 May 2005

Posts: 464
This Month: 0
Location: miami
180026.88 e$

Net worth: 335,058.88
Portfolio Value: 15,540.00
Monthly Return:
0.06%
Trades this month: 0
Churn Rate: 0.00%

Items

I Guess my vote is for seperate.
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Benjamin
PostPosted: Thu May 04, 2006 8:41 am Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
255930.50 e$

Net worth: 255,945.50
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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
PostPosted: Fri May 05, 2006 3:23 am Post subject: Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3664
This Month: 19
Location: Texas
387969.73 e$

Net worth: 520,957.73
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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
PostPosted: Fri May 05, 2006 3:32 am Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
255930.50 e$

Net worth: 255,945.50
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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
PostPosted: Wed May 31, 2006 9:47 am Post subject: Re: Active Trader Incentives! Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3664
This Month: 19
Location: Texas
387969.73 e$

Net worth: 520,957.73
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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! Cool

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. Razz

In fact, the top six traders ranked by trading activity are all negative this month.
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Benjamin
PostPosted: Wed May 31, 2006 9:58 am Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
255930.50 e$

Net worth: 255,945.50
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Thanks for the reminder!

Yep, looks like nobody wins the car, but I have some extra prizes to dish out. Smile

I should have all prizes awarded by 8pm CT tonight.
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vetelmo
PostPosted: Wed May 31, 2006 10:00 am Post subject: Reply with quote

Moderator
Moderator

Joined: 21 Sep 2005

Posts: 4026
This Month: 10
Location: California
15770.52 e$

Net worth: 21,563,692.52
Portfolio Value: 21,093,500.00
Monthly Return:
-6.02%
Trades this month: 2
Churn Rate: 3.13%

Items

lol, yeah rub it in Dave, pour some salt on the bloody wound too while your at it! Razz
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Dave Rathbun
PostPosted: Wed May 31, 2006 10:09 am Post subject: Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3664
This Month: 19
Location: Texas
387969.73 e$

Net worth: 520,957.73
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

vetelmo wrote:
lol, yeah rub it in Dave, pour some salt on the bloody wound too while your at it! Razz

Some NaCL heading your way... Razz
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Benjamin
PostPosted: Wed May 31, 2006 4:41 pm Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
255930.50 e$

Net worth: 255,945.50
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

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
PostPosted: Thu Jun 01, 2006 8:13 am Post subject: Reply with quote

Investing Manager
Investing Manager

Joined: 27 Apr 2006

Posts: 275
This Month: 0
Location: PA
5844.52 e$

Net worth: 43,573.52
Portfolio Value: 36,469.00
Monthly Return:
-0.43%
Trades this month: 0
Churn Rate: 0.00%

Items

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