VMC Managed Index (Revised) -The Index will start with an Imaginary 100k, using a short-term trading strategy.
-The Index will use closing prices of stocks for Buy and Sell Points.
-Fictional Trades will be posted on the VMC Motherboard before 4pm.
-There is no limit on the number of trades, although the goal of this index is not to flip stocks for 3-5% gains either.
-The Index doesn’t have to be fully invested at all times
-The Index Can Sell Partial Positions, and can also add to any stock at anytime.
-Stocks in the Index do not have to be equally weighted.
-Stocks will have to pass BTHB volume rules, which mean either at least $5,000.00 Dollar Volume or at least 10k Shares average, must be traded daily.
-Stocks must be at least .10
-All stocks brought must be profitable and Pass the usual VMC Earnings rules.
-I do reserve the right to withdraw a trade after 4pm depending on closing prices so long as there is no relevant news, however I expect it will rarely happen.
-I will report results at least once a week, so everyone can see how the index is doing.
-Time will tell if this fictional index will be a success, the VMIR has been an outrageous success throughout the years, hopefully the VMC Managed Index will be another successful index to look at to join the VMI/VMIR, and our BTHB and PSL Contests which have been very successful for fun purposes as well as the most important thing finding new ideas, which are hopefully profitable. All above is just my opinion, and I could always be wrong though.
Link to slight changes in 2011 versus 2010 Post. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58287353
