InvestorsHub Logo
Followers 290
Posts 85615
Boards Moderated 64
Alias Born 02/06/2005

Re: wadegarret post# 9

Monday, 12/26/2022 4:40:20 PM

Monday, December 26, 2022 4:40:20 PM

Post# of 293
Whatever arbritrary number I decided to set $$ volume at where it stands higher or lower. as Much as I think this is a good contest, I wouldn't dare think this is realistic, nobody would. The way to win this contest, is to essentially Double Down into a winner, and keep trading that winner, for more winners, but In reality that might mean 60-70-80% of your portfolio might wind up in just one stock at some point. Most of us might have closer to 40 positions than 4, and wouldn't dare put 25% of my money in one stock, no less 60-70-80%. It is also why $$ volume is so important to you and I get it (Although admittingly has become more important to me as well in my investing philosophy lately). But when you own closer to 40 positions, versus 4 positions are generally smaller they have to be. Rememer in my real portfolio when I buy a stock sometimes I am not even moving 1% of my portfolio in/it. Now that still eliminates alot of stocks that are really lower liquidity, But you would be surprised how many stocks can't be used because of the $7500 liquity rule in this contest. Don't get me wrong a few get through that you woud probably think are lower liquidity. Overall I balance the liquidity rule, with the rule of everyone sharing there ideas. is $7500 perfect is debateable, but I remember when there was no rule at all for liquidity. As for making this contest realistic, there is no way, first of all we would have unlimited trading and trading woud be more real time in nature. But those two things aren't happening. So the contest will be what it always has been, a fun projects, where people put some of there best ideas out for people to see. Hope this helps. All is just my opinion of course.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.