PLEASE REMEMBER THIS IS FOR EDUCATIONAL PURPOSES ONLY!
I was kind of later to the game on the CNBC Million Dollar Challenge. The one thing I always despise about these challenges is the inability to use limit orders, having to rely on the close price, not being able to use derivatives, etc.
Another problem is having millions of players chunk down their whole portfolio on a single equity. One lucky soul will pick a winner, but I'm sure they're not considering risk.
That being said, I'm going to avoid my risk as well....not very prudent...but that's the game, and not my trading account. Here is the screen shot from the close on Monday 19, 2007, or my first day.
279999...wow...only 279998 more places to go...got to start a streak somewhere.
Click here for next day
Later,
Fibonacci
PLEASE REMEMBER THIS IS FOR EDUCATIONAL PURPOSES ONLY!
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Labels: CNBC, Contest, Million Dollar Challenge |