Author Topic: Wanted - testers for the competition  (Read 9924 times)

Q-Tech

  • I've just arrived
  • *
  • Posts: 1
  • Karma: +1/-0
    • View Profile
Re: Wanted - testers for the competition
« Reply #15 on: April 16, 2013, 06:21:56 pm »
Hi Patrick,

Overall the site looks good - nice clean layout, no fussy banners & sidebars and other drivel  :)

On my first run-through I picked up the following :

Definitely need lines between the shares or an alternating background shade on the purchase page (already mentioned by someone above)
Include something on the front page about the portfolio valuation methodology - (Semi-live, closing price or whatever)
Please acknowledge the source of the pricing data - The JSE is very particular about who uses their data and how it was sourced - you might need to get permission from them to re-publish the data even though they provide it on a public web site and it is delayed.

That's all for now - I'll play around some more and let you know how it goes.

Cheers,
Q.


Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2514
  • Karma: +44/-2
    • View Profile
Re: Wanted - testers for the competition
« Reply #16 on: April 17, 2013, 12:17:27 am »
A few more items that may need attention -
1.
At cash holdings of R400K, buying @ 260 per share allows you to purchase up to 153230 shares. Calculate it out and you have available cash of R 8.41 thereafter, so you could have bought 153233 shares. Seems you calculate the max shares allowed based on the max comm you will pay on the total available cash holding. Not a major issue.
2.
At cash holdings of R 94.86 you appear to allow the purchase of 1049 shares @ 9cents - Seems you are not taking the minimum comm of R120.00 into consideration at clculation of what you can purchase. (You do prevent the actual purchase from going through though). Not a major issue either.
3.
My previous blog comment is no longer viewable - was it cleaned/deleted?

Nothing else to report, all other calculations appear in order (although I have not bombarded the site with all variations).

Great job. :) :D 8) ;D
1. Yep, that's what Idid, right before thinking nobody would ever notice!
2. Hmm, I'll have to double check.
3. Yep.

Definitely need lines between the shares or an alternating background shade on the purchase page (already mentioned by someone above)
Done.
Include something on the front page about the portfolio valuation methodology - (Semi-live, closing price or whatever)
Done, but I'll have to re-write it when I'm more awake...
Please acknowledge the source of the pricing data - The JSE is very particular about who uses their data and how it was sourced - you might need to get permission from them to re-publish the data even though they provide it on a public web site and it is delayed.
Done, I've also sent them a mail asking if they're ok with that. If not I'll take the prices from another site, it'll just mean a fair amount of extra work.

Thanks so much for the input guys.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1886
  • Karma: +37/-0
    • View Profile
Re: Wanted - testers for the competition
« Reply #17 on: April 17, 2013, 07:58:04 am »
Why oh why Patrick are you working so hard?  It's appreciated though, thank you :)

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2514
  • Karma: +44/-2
    • View Profile
Re: Wanted - testers for the competition
« Reply #18 on: April 17, 2013, 12:18:56 pm »
Why oh why Patrick are you working so hard?  It's appreciated though, thank you :)

Hey MP. To be honest, this is the type of competition I've been looking for. It's dfferent to the normal share trading competitions as you'll see on the site. The usual share competitions generally give you R1million for you to trade and see where you end up. Not very realistic, who has a million lying around. In this one, you are the chairman of an investment club, and get R100 000 every month to invest.

As you know, investing cost effectively only happens when you have R30k per month, which for an investment club would be easily possible. I'm hoping it will be fun, and a good learning experience which could be carried over to real life too. I hope you enjoy it, even though you're more trader than investor. I'd be very appreciative it you could take a look at the site. I've opened it up to everyone for now, and will clear up the database on Sunday night before the kick off on Monday: http://www.investorchallenge.co.za/

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4504
  • Karma: +29/-3
    • View Profile
Re: Wanted - testers for the competition
« Reply #19 on: April 17, 2013, 12:25:56 pm »
Frikkin cool, now u need to work on Advertisements on your sites. I do not want u to disappear. Also see if you legally can get feeds, 15 min delayed is fine. showing main i.e. JSE, dowjones, the rant and so on.

must say, u doing a good job.
jaDEB

Trust me, you get what you give - 2019

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2514
  • Karma: +44/-2
    • View Profile
Re: Wanted - testers for the competition
« Reply #20 on: April 17, 2013, 12:28:26 pm »
Frikkin cool, now u need to work on Advertisements on your sites. I do not want u to disappear. Also see if you legally can get feeds, 15 min delayed is fine. showing main i.e. JSE, dowjones, the rant and so on.

must say, u doing a good job.
Thanks. I got the all ok from the JSE, it'll be 15 to 25 minutes delayed depending on when exactly it syncs. I'll monitor the traffic, when I see enough hits to start covering costs I'll put the ads in. Who knows, maybe some financial institution would want to sponsor the challenge... We'll see.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1886
  • Karma: +37/-0
    • View Profile
Re: Wanted - testers for the competition
« Reply #21 on: April 17, 2013, 01:37:22 pm »
Truly impressive.

You want us to buy and hold,  :P - not going to be easy but I'll try.  What are the monthly cut-off times for buying, Sunday evening to Monday 9am and if you choose to stay with the money you just don't buy I suppose?

Russell

  • I've just arrived
  • *
  • Posts: 3
  • Karma: +0/-0
    • View Profile
Re: Wanted - testers for the competition
« Reply #22 on: April 17, 2013, 03:01:34 pm »
This is sooo cool.

Thanks Patrick