InvestorsHub Logo
icon url

SSKILLZ1

06/16/24 8:32 PM

#113732 RE: valuemind #113729

I don't get the idea of your hating on trading, are you meaning to tell me you don't trade during the year in real life. I trade all the time. In fact most of us do, I find things during the year, stocks we like go up and than the risk/reward changes hence we sell some or all, sometimes it is clear you simply picked a bad stock, the fundies change and you sell because of that reason, Sometimes we find a new stock on june 30th for example, and we decided to buy it, even if the contest started waaaaaaaaaaaaaay earlier. In the last contest roughly 60% of contestants made transactions, so the idea that most contestants don't do it is completely false.

It would take a decent amount of work for me to recreate the old portfolios, hence I'm not gonna do it. Admittingly that is because I don't see the relevance of How you get there, whether you pick 4 stocks and never trade or have turnover after you pick gainers (Keep in mind for that to work you have to keep picking winners when your trading). Hope this helps.
icon url

SSKILLZ1

06/17/24 10:20 AM

#113736 RE: valuemind #113729

Savvy Pick 10 Contest #1

The Link to the new board:

https://investorshub.advfn.com/Savvy-Pick-10-Contest-1-43057

From the people who brought you the famous Pick 4 Contest, They are happy to bring you a new contest. Called the Savvy Pick 10 Contest #1. Ok I can't even say this without cracking myself up. LOL.

Anyways lets get to the point of the new contest for those who don't love trading and want to think about longer-term trades. For those who believe 4 stocks is waaaaaaaaaaaaaaaay too little to actual build a portfolio. This contest is gonna be more your style

1) Pick 10 stocks declare one your top pick. The top pick will start the contest as essentially a double down.

2) You can't trade at all in this contest. Now you can sell/freeze a stock at any point. The story changes you can sell, the stock runs up a ton and hit your price target or what you think Fair value is you can sell. Just keep in Mind that position is locked than it can't go up/down after that

3) Deadline of Contest: Picks will Be Due On June 28th before the market close.

4) Duration of Contest: Contest will last from July 1rst, 2024 and end June 20th, 2025.

Other than that Minimum dollar volume will go to $10,000.

Cash can be 1 of your 10 picks it will yield 5% if you pick it.

Other than that all other info. can be found in the I-box of the new board, which is now up.