Contest: Second November Investing Contest
Final Rank: 3
Final Portfolio Value: $112,739.67 (+12.73%)
Trading Strategy For This Contest
First off, thanks for the great game everyone! Well played. This being my first HTMW monetized contest, I feel very humbled and excited to win.
During last week, I played the VIX and biotech stocks. TVIX and UVXY are 2x leveraged etfs for the VIX (CBOE Volatility Index). After the terrorists attacks, I knew the market would be in a state of chaos so I used that to my advantage while day trading the VIX
As well I bought and sold stocks such as AVXL and KBIO. These were over bought/sold stocks along with news being released about the stocks. Honestly, most of the time with these small cap biotechs you have to go with community sentiment to win.
Thanks
Nick
Performance Over The Total Contest
See More Trading Strategies From This Contest
sgsadamc’s November Investing Strategy - Contest: Second November Investing Contest Final Rank: 2 Final Portfolio Value: $113,134.06 (+13.13%) Trading Strategy For This Contest I usually found stocks that had high volume and good community sentiment. As well as good stock short term news. I then bought into those stocks, and when they went up. I shorted them. MACD and Bolinger Read More...
Branflakes’s November Investing Contest Strategy - Contest: Second November Investing Contest Final Rank: 5 Final Portfolio Value: $112,017.03 (+12.01%) Trading Strategy For This Contest I looked for low prices stocks breaking new highs and held on for a couple minutes or over night, then I sold them, sometimes shorting stocks that are too hyped up Performance Over The Total Contest Click Read More...
NickStalksStocks’s Investing Contest Strategy - Contest: Second November Investing Contest Final Rank: 3 Final Portfolio Value: $112,739.67 (+12.73%) Trading Strategy For This Contest First off, thanks for the great game everyone! Well played. This being my first HTMW monetized contest, I feel very humbled and excited to win. During last week, I played the VIX and biotech stocks. TVIX and Read More...
Reserve Requirement
Capital Asset Pricing Model : CAPM
