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The Investor Challenge / Re: New feature requests go here
« on: April 25, 2013, 01:18:11 pm »
At the moment no, but next year, who knows. I'll take some running feedback as we go along, maybe even do some votes on the site.
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My view is that this is an "investor" challenge, and I for one treat it like that. As the dude in charge of the investment club I'm trying to simulate what I would've done if I were to invest R400k worth of our money.
OP does have a valid point though, sure his club member would be ecstatic over that return, but less of they lost 80% odd on the day.
I know I will never win this competition as one of the guys with all their money in a single equity is bound to get it right, I use this as a measure against myself and the ALSI to see my performance.
Just to quickly derail here....
Why not clone this competition and make a trading simulation! I not sure how much work that would entail, but I'm pretty sure you going to create huge traffic and maybe really earn some moola here for all the hard work you have put in.
Cool, going to try it out!
Sanlam used to have a similar challenge like this. You only had a once off amount to start with, lets say R100 000, and the winner is the person with the most value at the end date. Some trading were allowed, but IIRC you could only sell if you sell ALL of a certain share, and you could only buy more of a certain share, if you first sell them all. Kind of like a treating your investments as seperate batches. I would say that allowing at least an all sell of certain share would make sense, because if you made a bad investment in a share that continues to drop in price, the natural option would be to sell it to minimise your losses.
what is the % change for each company since start of comp