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10-20-2011, 09:23 PM
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#5701 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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Any of you guys heard of UBC Trading Group's Elite Trading Competition? [UBCTG] Elite Trading Competition | Facebook
Anybody interested, have one or two spots left on proposed team, PM me, planning to register either tmw or Monday.
P.S. not affiliated with the club
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10-20-2011, 09:59 PM
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#5702 | | RS has made me the bitter person i am today!
Join Date: Dec 2002 Location: YVR/TPE
Posts: 4,798
Thanked 2,886 Times in 1,239 Posts
Failed 626 Times in 198 Posts
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Made a killing last few days on URRE. Bought 10K shares at the beginning of the month @0.65... already double my money and some more... 
__________________
Nothing for now
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10-20-2011, 10:35 PM
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#5703 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
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| Quote:
Originally Posted by shawnly1000  Any of you guys heard of UBC Trading Group's Elite Trading Competition? [UBCTG] Elite Trading Competition | Facebook
Anybody interested, have one or two spots left on proposed team, PM me, planning to register either tmw or Monday.
P.S. not affiliated with the club | Nice lol.. I had a friend in finance that always went to those games, he gradded a couple years ago and is making quite a bit of change as a second year analyst for a local financial firm.. now he's running some of the games too, great way to make contacts
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10-21-2011, 01:15 AM
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#5704 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
Failed 17 Times in 10 Posts
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Come on...technical bounce on gold!
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10-21-2011, 01:11 PM
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#5705 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
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of course all the puts greedy bear bought this week expired worthless lol.
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10-21-2011, 01:33 PM
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#5706 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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that was me =(
didn't lose too much on those GE puts...
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10-21-2011, 04:39 PM
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#5707 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
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What do you think the chances of France/Germany actually getting anything done next week?
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10-21-2011, 04:44 PM
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#5708 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
Failed 359 Times in 46 Posts
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zlich!!! Posted via RS Mobile | |
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10-21-2011, 05:33 PM
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#5709 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
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^shit  | |
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10-21-2011, 10:29 PM
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#5710 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
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| Quote:
Originally Posted by shawnly1000 Any of you guys heard of UBC Trading Group's Elite Trading Competition? [UBCTG] Elite Trading Competition | Facebook
Anybody interested, have one or two spots left on proposed team, PM me, planning to register either tmw or Monday.
P.S. not affiliated with the club | do they have futures contracts in this competition?
I could be interested if they had futures. what are the rules even? how much do we start with? and how long does it go for? it says "focuses on day trades".
how do they enforce this?
lets just dump 100% of the money into futures, close our eyes and let it run, lol we'll either make it out #1 or fail miserably. lol
edit: https://docs.google.com/document/d/1...hl=en_US&pli=1
lol year long? 20grand maximum in futures (that's fine as long as we can stack our winnings and use it to buy more futures). sounds like fun. 20 bux for non members for 1 year? im currently testing a futures strategy too.
Last edited by Ulic Qel-Droma; 10-21-2011 at 10:46 PM.
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10-21-2011, 10:44 PM
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#5711 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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| Quote:
Originally Posted by Ulic Qel-Droma do they have futures contracts in this competition?
I could be interested if they had futures. what are the rules even? how much do we start with? and how long does it go for? it says "focuses on day trades".
how do they enforce this?
lets just dump 100% of the money into futures, close our eyes and let it run, lol we'll either make it out #1 or fail miserably. lol. | Thats what I was thinking but then I read the rules, you can only put a certain limit in futures/options to make it "fair" ...  | |
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10-22-2011, 01:00 AM
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#5712 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
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It's real time, so none of that buying gainers via the 15 minute delay; Also, the limit/allocation on portfolio seems fair, you wouldn't be putting your entire bankroll on one thing. PM if interested, they had their first week already I believe.
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10-22-2011, 03:44 AM
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#5713 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
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what amount of money do the people that play stocks get? it doesnt say.
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10-22-2011, 05:21 PM
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#5714 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
Posts: 4,694
Thanked 239 Times in 94 Posts
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10-22-2011, 05:26 PM
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#5715 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
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10-22-2011, 06:56 PM
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#5716 | | I don't get it
Join Date: Mar 2011 Location: vancouver
Posts: 444
Thanked 333 Times in 77 Posts
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unless sarkozy fucked merkel loonnng time and make her happy, i dont see them budging on who's gonna take a haircut on this writedown etc....
you have to remember.. its not the bailout amount etc thats the problem.. every politician of every euro country also doesnt want to piss their own constituents off so they can get re-elected...
tough times
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10-22-2011, 08:58 PM
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#5717 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
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totally is, but they must (hopefully) know that if they can't come to some kind of agreement, EVERYONE is f'd... its time to take a poison pill for many politicians... lets just hope they realize they can work it so everyone looks as bad as one another, that would work best!
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10-23-2011, 07:33 PM
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#5718 | | RS Veteran
Join Date: Nov 2001 Location: An Island
Posts: 14,400
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Having a tough time reading the market for tomorrow. Perhaps it will go up the next few days with the expectation there will be a solid agreement on Wednesday.
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10-23-2011, 09:10 PM
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#5719 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
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things are looking good for tomorrow - Asia is up, futures are up - they're making good progress in Europe (it appears, i'm sure there'll be some bumps in the way)
wish i'd bought in the recent weeks, ah well, we're not out of hte woods yet, not by a long way
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10-23-2011, 10:09 PM
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#5720 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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I'm torn if I should sell some positions tomorrow for small profit, or wait til Wednesday? I'm afraid they won't come to agreement by Wed and will tank again. I'm finally breaking even on some recent stocks.
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10-23-2011, 10:12 PM
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#5721 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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Anyone know the level of the haircuts on Italian and Spanish bond that is built in for the European bank recapitalization plan?
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10-24-2011, 07:16 AM
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#5722 | | Banned (ABWS)
Join Date: Mar 2003 Location: Richmond, BC
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Good call on CAT by 4444 
Hm...not as much of as rally as I had hoped for today  | |
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10-24-2011, 09:08 AM
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#5723 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
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| Quote:
Originally Posted by Jermyzy Good call on CAT by 4444
Hm...not as much of as rally as I had hoped for today | i do love my CAT, but more importantly well run company whose incomes won't fluctuate with short term 'issues' (don't get me wrong europe isn't a minor issue by any means) - but i had no reason to leave shop.
best part is the upgrade on guidance for FY2011! Q3 was nice, but hte guidance makes me happiest
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10-24-2011, 11:24 AM
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#5724 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
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4444 - were you able to add any to your position during the dip last month?
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10-24-2011, 12:02 PM
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#5725 | | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
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Originally Posted by highfive 4444 - were you able to add any to your position during the dip last month? | sadly no, i'll admit that i've made 1 mispick, which has cost me dearly.
Now, i've taken a huge paper loss on it, but know that long term i'll be fine, but sadly that has created a slight margin problem for me (its a real shame, but it was a purchase that turned bad, i learnt from it, i've moved on, will never make that kind of move again - i'll call it short term 'tuition' payments) - i am now not using margin anymore, hence hte inability to buy a bunch more... maybe it was totally terrible timing, but its a decision i'm sticking to
i've also recently purchased a bunch of real estate (not in Van), so all my money has gone to that, my stock portfolio only makes up about 25% of my total investment portfolio... terrible timing (from a stock market perspective), but you know what, i have NO doubt there will be other opportunities - europe will kick the can down the road, but china will slow down in the coming years, where will the growth & demand come from when that starts to happen? ppl will overreact, etc... i can see a lot of volitility in the coming years
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