July 2006 Trading Simulator contest - First Prize $100.00

[Thierry Martin]

I have set up another trading simulator for July - 1st prize is $100, 2nd and 3rd prizes are trading books.

If you already played in previous competitions, you already have an account and your can just continue trading, your portfolio has been set to $100,000.

If you are new to the simulator, you can join at anytime up to July 23. You must use the same username as you use here. This thread will be used to discuss the game and post updates on the standings.

You start with $100,000 and you can trade stocks long or short. We are not trading options anymore, as they made the results swing wildly both ways. Whoever has the highest amount at the close of trading on July 31, 2006 wins.

The trading simulator/contest is open only to registered members of this forum.

Send me a private message (http://www.cramersmadmoney.com/private.php?do=newpm&u=1) and I will send you the link for your free sign up.

[MoMoney4Me]

Thierry, When will the July simulator update for the upcoming contest? Checking there on Investopedia this morning still shows June's totals and has not yet reset back to 100k.

The heading at the top of the page states:
You are logged in as 'MoMoney4Me1' in the competition: 'CramersMadMoney July Simulation'

Thank you.

[Thierry Martin]

Thanks for the reminder - I just reset everyone to $100,000. Remember, no options this month.

[MoMoney4Me]

Thank you.

Everything is set and ready to roll for the July contest.

[Hanger]

Woohoo, I am in first, snicker snicker....

No options this month, dang, but I suppose its only fair......atleast this month I wont be playing the Q options like a dope...

[Thierry Martin]

222

[roehrigs01]

I put all my picks in and the market goes down... figures...:roll:

[Thierry Martin]

227

[LessInvolved]

Tried to make a trade on KUB yesterday with a limit at 46.35.
It hit my limit but didn't make the trade and says security not trading.
How do I know it's not trading? Looks like it is as far as I can tell.

[NATHAN LLOYD]

Hey, BMAN. Back off. LOL. ;)

[Thierry Martin]

Thursday's results

229

[Thierry Martin]

231

[Bman409]

Hey, BMAN. Back off. LOL. ;)


Came into the day with a bunch of shorts in the gold miners and those have paid off, though not as much as I would have liked with gold itself down $10/oz

[NATHAN LLOYD]

Good work.

[Thierry Martin]

234

[Bman409]

Good work.


Well, problem is.. I still have some of those open this morning.. and gold is up $7/oz and could run


DOh!

[Bman409]

Ok.. I just added some new shorts

BOOM at $31.55

INSU at $21.83

and FWLT at $39.30

Cramer loves that FWLT, but I say it heads lower..

alot lower

[roehrigs01]

oh man... doing horrible... time for a new game plan.... thank god it is funny money...

[NATHAN LLOYD]

Ok.. I just added some new shorts

BOOM at $31.55

INSU at $21.83

and FWLT at $39.30

Cramer loves that FWLT, but I say it heads lower..

alot lower


I'm trading with real money mostly. I didn't even touch this today.

[Thierry Martin]

237

[Thierry Martin]

239

[roehrigs01]

No shorting?

Error: No Short Sales
Sorry, no short selling is allowed in this group.

[Thierry Martin]

Shorting is allowed, but perhaps you chose a stock that doesn't qualify. What price is the stock?

[roehrigs01]

Shorting is allowed, but perhaps you chose a stock that doesn't qualify. What price is the stock?

20 something

[Thierry Martin]

Can you try the trade again?

[roehrigs01]

Can you try the trade again?

Still no good..

Error: No Short Sales
Sorry, no short selling is allowed in this group.
In our simulator each game can be created with different characteristics. This game in particular does not allow short selling. If you wish to trade short, join another game that has this feature under the "groups" tab.

[Bman409]

I have had no problem shorting

[roehrigs01]

hmmm.. that is wacky...

Transaction: Sell Short
Order Type: Market
Symbol : BLAH
# of Shares: Blah
Term: GTC...

then get the can't sell short error.... but it does tell me how many I can sell short...

[Svenwulf]

no up/flat tick?

[roehrigs01]

no up/flat tick?

It does say right above it... You are allowed to buy # of shares of * at $*... then it says error: no short sales right below it in bold red...

[Svenwulf]

all i know is the sim usually uses a 20 min quote, so i could see it being tough to get an uptick to short. jmo

PS- damn bigdawg you gonna give anyone else a chance to 1st? Bman coming back strong!

PSS- wish i woulda put my luau list at least on the simulator. what happens if we dont make a transaction this month? hope we dont loose our account..

[Thierry Martin]

Around the 20th I will delete the accounts that haven't traded.

[Thierry Martin]

241

[roehrigs01]

sent .investopedia.com an email.. they replied with they will check it out.. and then an hour later..."should be ok now".... just placed a short.. seems to be working...

holy crap.. I need to gain 30%!

[Thierry Martin]

244

[Thierry Martin]

247

[roehrigs01]

alright!!!! Finially got this shorting situation taken care of and my picks are a working... Not last anymore.... I'm gunning for 1st!!! :mrgreen:

well, at least in the green profits by last day of July....:roll:

[Thierry Martin]

248

[Thierry Martin]

255

[MoMoney4Me]

6 trading days left for this month.
Time for me to make my move, out of the conservative plays and full steam ahead in speculation.
Move aside, I'm moving up !

:roll:

[Thierry Martin]

258

[Thierry Martin]

261

[Thierry Martin]

263

[Thierry Martin]

265

[Thierry Martin]

268

[BigDawg291]

For some reason, it is not letting trades go through this morning for me.

[Thierry Martin]

271

[Thierry Martin]

For some reason, it is not letting trades go through this morning for me.

Can you send the problem to the link at the bottom of your trading page?

[who8me2k7]

eh...im not doin too bad!

[Thierry Martin]

273

[madcowdisease]

I haven't signed up for this simulator, thus I have no clue what options are available for trading. But, what are BigDawg and BMan doing to get those kinds of returns? Are you trading options or what?

btw, is this simulator in realtime or is it delayed until the end of the day like CNBC's jacked up contest?

[Bman409]

I haven't signed up for this simulator, thus I have no clue what options are available for trading. But, what are BigDawg and BMan doing to get those kinds of returns? Are you trading options or what?

btw, is this simulator in realtime or is it delayed until the end of the day like CNBC's jacked up contest?


Next month I'm going to do a commentary.. I will sit out the contest and I'll show you guys some of the strategies..

Basically, you have to have to have a scan system that allows you to find stocks that making HUGE moves intraday... for instance, today, I was watching SCT which came out with some very bad news and gapped down to open at 8.59 .. (It had closed at 16 the night before!!!!)

I put a short sale at the open on, for something like 20,000 shares.. that order "went off" on the simulator at $5.20 or something like that.. .

By the time the simulator order was filled (20 min delay) the stock was already down under $4!!!!!!!

I covered that thing for like a $30,000 gain

by then the stock looked like it was bottoming, so I put in a BUY for 25,000 shares at $under $3.75. That filled, ( I can't remember what the price was) but the thing jumped back up to like $4.3 or so on the rebound....

I covered that for another $30,000 or so, and that was all I did today.. $60,000

Would I have done that in real life??

Ummm.. probably not.

but that's the one thing a simulator can never duplicate... the fear of losing real money

[Bman409]

Next month I'm going to do a commentary.. I will sit out the contest and I'll show you guys some of the strategies..

Basically, you have to have to have a scan system that allows you to find stocks that making HUGE moves intraday... for instance, today, I was watching SCT which came out with some very bad news and gapped down to open at 8.59 .. (It had closed at 16 the night before!!!!)

I put a short sale at the open on, for something like 20,000 shares.. that order "went off" on the simulator at $5.20 or something like that.. .

By the time the simulator order was filled (20 min delay) the stock was already down under $4!!!!!!!

I covered that thing for like a $30,000 gain

by then the stock looked like it was bottoming, so I put in a BUY for 25,000 shares at $under $3.75. That filled, ( I can't remember what the price was) but the thing jumped back up to like $4.3 or so on the rebound....

I covered that for another $30,000 or so, and that was all I did today.. $60,000

Would I have done that in real life??

Ummm.. probably not.

but that's the one thing a simulator can never duplicate... the fear of losing real money


Two days ago, I did something similar with MIG.. another stock that "blew up".. I caught it for a short... covered for a big gain, and went long on a bounce.. for another big gain

again.. probably not something I'd do in real life.. but you asked how I was getting those kinds of gains..

That's how... Outrageously risky strategies


Here's MIG.. you can see the big blow up two days ago


http://216.59.147.95/tkchart/eechart.asp?Ticker=NYSE_MIG&mkdb=0&h=760&w=640&ito=vosfakdcrwmpiuthn&px=5&wt=0&ct=1&mv=1&m1=5&mt=1&m2=13&mt2=1&m3=50&mt3=1&vol=1&v1=10&v2=30&kd=1&kp=0&k=9&d1=3&d2=6&dmi=1&dm=14&dx=14&rsi=1&r1=7&r2=0&r3=0&rst=0&mc=1&mr=0&mch=1&mr1=0&s=9&e1=12&e2=26&dmc=0&dmo=0&hh=255&ih=80

[madcowdisease]

So which site or tool are you conducting your scans with?

[Bman409]

So which site or tool are you conducting your scans with?


I'm actually using Quote.com, which gives me real time HOTLISTS... I constantly get real time, updated lists for the following categories:



HotList Name Description




US Stocks Point Gainers:
Stocks with the largest positive Net change from yesterday's close

US Stocks Point Losers:
Stocks with the largest negative Net change from yesterday's close

US Stocks Pct Gainers:
Stocks with the largest positive Net percentage change from yesterday's close

US Stocks Pct Losers:
Stocks with the largest negative Net percentage change from yesterday's close

US Stocks Volume Stocks:
with the highest number of shares traded today

US Stocks Volume Rate:
Stocks with the most number of shares traded in the last minute

US Stocks #Trades:
Stocks with the most number of transactions recorded today

US Stocks:
Trade Rate: Stocks with the most number of trades in the last 30 seconds

US Options #Calls:
Options with the most number of call options in existence

US Options #Puts:
Options with the most number of puts options in existence

US Options Call Volume:
Options with the highest volume of call options traded today

US Options Put Volume:
Options with the highest volume of put options traded today

US Index Pct Gainers:
Indexes with the largest percentage increase since yesterday's close

US Index Pct Losers:
Indexes with the largest percentage decrease since yesterday's close

US Stocks Very Short Term Up:
Stocks whose current price is farthest above the extreme low price of the last fifteen minutes

US Stocks Very Short Term Down:
Stocks whose current price is farthest below the extreme high price of the last fifteen minutes

US Stocks Most Volatile:
Stocks with the largest percentage difference between today's high and low

US Stocks Largest Range:
Stocks with largest net difference between today's high and low (or yesterday's close, if outside today's range)

US Stocks Unusual Volume:
Stocks whose volume today is farthest above the 65-day average daily volume

US Stocks Unfilled Gaps:
Stocks with the largest unfilled opening gap - where the stock opens away from yesterday's close

US Stocks Above VWAP (cents):
Stocks whose current price is farthest above the Volume Weighted Average Price (VWAP) for the day

US Stocks Below VWAP (cents):
Stocks whose current price is farthest below the Volume Weighted Average Price (VWAP) for the day

US Stocks Highest $ Put/Call Ratio:
Stocks with the highest ratio (dollar weighted by price) of put options to call options

US Stocks Highest $ Put/Call Ratio:
Stocks with the lowest ratio (dollar weighted by price) of put options to call options

US Stocks New Yearly Highs:
Stocks making new yearly highs

US Stocks New Yearly Lows:
Stocks making new yearly lows

US Stocks Weekly Pct Gainers:
Stocks with the largest percentage gain in price in the last five trading days

US Stocks Weekly Pct Losers:
Stocks with the largest percentage drop in price in the last five trading days

US Stocks Monthly Pct Gainers:
Stocks with the largest percentage gain in price in the last month

US Stocks Monthly Pct Losers:
Stocks with the largest percentage drop in price in the last month

US Stocks Quarterly Pct Gainers:
Stocks with the largest percentage gain in price in the last three months

US Stocks Quarterly Pct Losers:
Stocks with the largest percentage drop in price in the last three months

US Stocks Yearly Pct Gainers:
Stocks with the largest percentage gain in price in the last year

US Stocks Yearly Pct Losers:
Stocks with the largest percentage drop in price in the last year

[Thierry Martin]

275

[who8me2k7]

darn, lost it right in the end :(

[BigDawg291]

Next month I'm going to do a commentary.. I will sit out the contest and I'll show you guys some of the strategies..

Basically, you have to have to have a scan system that allows you to find stocks that making HUGE moves intraday... for instance, today, I was watching SCT which came out with some very bad news and gapped down to open at 8.59 .. (It had closed at 16 the night before!!!!)

I put a short sale at the open on, for something like 20,000 shares.. that order "went off" on the simulator at $5.20 or something like that.. .

By the time the simulator order was filled (20 min delay) the stock was already down under $4!!!!!!!

I covered that thing for like a $30,000 gain

by then the stock looked like it was bottoming, so I put in a BUY for 25,000 shares at $under $3.75. That filled, ( I can't remember what the price was) but the thing jumped back up to like $4.3 or so on the rebound....

I covered that for another $30,000 or so, and that was all I did today.. $60,000

Would I have done that in real life??

Ummm.. probably not.

but that's the one thing a simulator can never duplicate... the fear of losing real money

I have done the exact same thing, Bman.

[MoMoney4Me]

darn, lost it right in the end :(

Wow, that 37% one day move sent me to the top 3 right at the wire.

Thierry, I'll pass on the book this time and you may send it to who8me2k7 if he's interested.

Now if Bman409 is interested in giving up the C note, I can send you my address !! :D

Congratulations Bman409, great results !

[Bman409]

Wow, that 37% one day move sent me to the top 3 right at the wire.

Thierry, I'll pass on the book this time and you may send it to who8me2k7 if he's interested.

Now if Bman409 is interested in giving up the C note, I can send you my address !! :D

Congratulations Bman409, great results !


LOL..I think I'll keep the C-note, once I get it ;)


But as I said.. I'll sit out the competition for August