Back in the game

Poems trading Game

:You are currently ranked 86 as of 9/28/2009 6:00:09 PM"


My goal hopefully,  I can get back to top 30th placing.


Current holding:

1. abterra
2. chinaAnih
3. china powerplant
4. golden agri
5. memstar
6. noble grp
7. VDH energy

After playing this game for a few week ,  buy and hold may be a very profitable strategy if you have enough capital.

because I was in the 300h placing the week before when the stocks in hand are out of money now they are much in the money and uihave bounced back in place. :)

POEMS Stock Challenge 2009-16 Sep 09 Closing

I am currently ranked 227 as of 9/16/2009 6:00:08 PM


hmmm. will there be anyway to catch up?


Current position.

• Abterra
• China Energy
• GolderAgr
• Genting SP
• RafflesEDU
• SingConst
• SunPower

Neet gain only 1%... Think I should be doing a be of rebalance tml.

POEMS Stock Challenge 2009-14 Sep 09 Closing

I am currently ranked 54 as of 9/14/2009 6:00:05 PM
Current holding:

1. Abterra
2. China energy
3. China HX
4. Golden Arg
5. Genting SP
6. Raffles Edu
7. Sino Const
8. Sunpower
9. Lyxor cmdity 10Us$

Total position Loss 1.52%

Well hopefully, tml will be a better day, since like this game does not take transaction cost into consideration.

POEMS Stock Challenge 2009 - 1st Day

Today is the first day of POEMS Stock Challenge 2009.

The game period last from 14 Sep 09 to 13 Oct 09, the objective is to accumulate as much Realised Profit as I can, subject to the following conditions:

1. At least 20% of the Total Realised Profit must be from any of the STI component stocks.

2. After which, I will be ranked according to the Total Realised Profit.

So I decided to give a try by randomly picking up a few stocks and see if I could actually profit from it. Here is my position for day.

Buy

1. Abterra @ 0.050
2. China Energy @ 0.280
3. China HX @ 0.220
4. Golden Agr @ 0.465
5. Genting SP @ 1.050
6. Raffles Edu @ 0.520
7. Sino Const @ 0.205
8. Sunpower @ 0.240

Let's see what are the result are going to be by the end of the week.

Workshop: Practical Investing

My lesson on Practical Investing.

Well I made a fool out of myself today at the pratical investing lesson today.

We were given the opportunity to guess an average number that is 2/3 sum of the whole class would guess from 1 to 100. And I made the guess 72. Why would I guess 72 because I did not think much about the question.

I just assume that (maybe it would be lucky guess but even if the whole class wrote down 100 the 2/3 average would be no more than 67. Haha well initially I was quite defensive about my answer. But I soon realise I was not beginning rational ,same goes for my trading habits. Furthermore plus ego and emotional kicking in, I should have pay attention to my mistake and learn from it. 

I would not make the same mistake again.