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| rnbaida |
 Posted: Sat Apr 08, 2006 1:44 pm Post subject: Hold, short trades |
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Investing Sr. Associate
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| When will these features be available? |
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| Benjamin |
| Posted: Sat Apr 08, 2006 2:51 pm Post subject: |
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Administrator
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No dates are known, first target is making sure the new calculation is running well and making sure all the numbers are in order.
Once everything is set we may have some better dates and plans as far as future improvements. |
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| Dave Rathbun |
| Posted: Wed Apr 12, 2006 3:12 pm Post subject: |
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CFO
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Short trades are tricky, because to follow the rules you can only short something that is trading on an uptick. So we have to track the "last quote" as well as the current quote, or at least be able to get the last trade direction. For those wondering why this rule exists, it's to keep short traders from "piling on" a stock that is already going down. The stock has to trade up in order for a short sale to be completed.
In theory the stock shares have to be available to borrow as well, but I can't see any way to implement that here, since we're not a real brokerage. But I think that the uptick rule will certainly be put into the game. |
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| wwaideli |
| Posted: Tue Jun 27, 2006 5:29 am Post subject: |
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Investing Associate
Joined: 22 Jun 2006
Posts: 23
This Month: 0
1860.58 e$
Net worth: 3,590.33
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Churn Rate: 0.00%Items
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| short sells definitly need to be included |
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| livermore |
| Posted: Tue Aug 15, 2006 7:07 am Post subject: |
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Investing Associate
Joined: 14 Aug 2006
Posts: 28
This Month: 0
Location: Estonia
19073.47 e$
Net worth: 19,073.47
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Trades this month: 0
Churn Rate: 0.00%Items
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| Short selling will make the competition tougher, because when you short sell your profit is limited, but loss is unlimited so you have to cut the loss really quickly. It will make the game more interesting aswell because when the trend is going bearish you can still earn money. |
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| wall_st_broker |
| Posted: Tue Sep 05, 2006 10:06 pm Post subject: |
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Investing Sr. Associate
Joined: 12 Dec 2005
Posts: 109
This Month: 0
Location: Wall St. - NYC -
76.23 e$
Net worth: 66,176.43
Portfolio Value: 66,100.20
Monthly Return: -4.90%
Trades this month: 0
Churn Rate: 0.00%Items
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