VMC PSL 23 Significant Changes from PSL 22
1) Gives people more trades, and get rid of the buy a trade.
2) Allows people to have more control on how the imaginary portfolio is allocated.
3) Gets rid of the low volume stocks, but about 80% of the VMIR are still acceptable candidates. With 25k daily volume over the original 5k there should never be volume issues again.
4) Allows people to sell and buy partial positions, which we all do in reality, but couldn’t do in the first 22 PSL.
5) Overall I decided to eliminate one change that I strongly considered in the previous announcement, and follow the keep it simple principle, there was no need for any of that 4-15 stocks. The six stock picks were working fine that wasn’t the problem, and I believe that just made it more complicated on everyone involved, so I made that change. Really pretty much the contest won’t be tremendously different from the old PSL contests, but I think vastly improves in the areas that were deficient, and keeps pretty much the concept intact which was very strong in my opinion. All is just my opinion, and I could always be wrong though.
