JPMorgan Portfolio Competition 08 (2 Viewers)

[jake2.0]

So how does this actually work? I mean for the buying/selling bit.

Say if you want to sell ABC and its market price is $1.00. If I put in as my selling price as $1.10 will it just wait for the market price to get to $1.10 to sell?

 

[BackCountrySnow]

Ah you have to be a uni student to play, damn.

ah fuck.

 

[williamc]

im recommended to do it for one of my units. Someone came in and told us about it.

Maximise risk for maximum yield or loss.

 

[pLuvia]

im recommended to do it for one of my units. Someone came in and told us about it.

Maximise risk for maximum yield or loss.

Which unit was that?

 

[fush]

yea ill give it a go again

but 6 weeks is pretty useless... u need to go for speculatives to win
Some peeps in the practice game were up +50k with allco

 

[pete_mate]

this game just doesn't seem to work.

shame, i came close to getting some cash last time and they've upped the money this year.

 

[feltonw]

site is a piece of shit seriously. so many problems. i thought they'll fix it up after the trial rounds but no....................... just gotta make do with it i guess, keep on refreshing and hope nothing bad happens while ur refreshing. lol

 

[iamsickofyear12]

I've made $68 so far.

 

[pete_mate]

i've only bought one share, before it fucked up. the ones i was trying to buy yesterday have all gone up today. yay.

 

[withoutaface]

Rank: 114 (4758)
Uni Rank: 16(1478)
Days Remaining: 44

Woo

 

[iamsickofyear12]

I am going so badly I have stopped checking. I'm just going to leave it for a couple weeks and hope for a turn around.

I decided before I signed up that I wasn't going to bother repeatedly buying and selling... I just bought some shares and am now leaving them until the game ends.

 

[iamsickofyear12]

So now that it is over, how did everyone end up...

 

[withoutaface]

Finished ~1000th overall.

 

[iamsickofyear12]

I'm pissed off... it is too hard to get a prize.

 

[RIZAL]

Finished 2nd in my uni.

Made a killing on Sundance Resources in the last week.

How are the prizes structured? Is there a prize for top 3 in each uni or something?

EDIT: checked the site, there isn't even a prize for the number 1 in each uni.

 

[iamsickofyear12]

Finished 2nd in my uni.

Made a killing on Sundance Resources in the last week.

How are the prizes structured? Is there a prize for top 3 in each uni or something?

There are no prizes for uni rankings. The prizes are only for the top 10 overall.

So the fact that I was first in my uni means nothing because I came 24th overall.

 

[RIZAL]

There are no prizes for uni rankings. The prizes are only for the top 10 overall.

So the fact that I was first in my uni means nothing because I came 24th overall.

congrats on coming first in your uni. at least you can brag to your friends.

what were your big stock winners?

mine were gindalbie and sundance. i ripped my face off with ADY (got in and out at the wrong times).

 

[iamsickofyear12]

My friends wouldn't care.

48,000 on Felix Resources
15,000 on Origin Energy
8,500 on Arrow Energy
3,000 on Austal

... and I made 2,000 in dividends.

I was something like 8,000 up on Macquarie Bank but it ended up at -1800

I also had BHP, Alumina and Orica... which basically did nothing and ended up less than 300 different either way.

I bought around the second day and then didn't change anything the entire time.

 

[RIZAL]

I bought around the second day and then didn't change anything the entire time.

Yeah I didn't want to actively trade either (didn't have the time + I don't really know shit about trading). I changed my positions up every now and then though, because I figured that if I won, the JP guys would want to see that I at least had some sort of trading 'strategy'.

I wish I got in on Felix! I almost put the order through and I can't even remember why I didn't.

 

[velox]

Im quite disappointed with this competition. The last email where you had to fix up the mistakes in the analyst report was the only one I actually bothered to enter, and there was no email back saying who won in the next issue, and I have sent an email a week ago, and still no email back.

On top of JPMorgan calling write downs 'wright downs!'