EVERY ONE SIGN UP FOR CNBC CHALLENGE PLEASE
Hey
http://milliondollar.cnbc.com/
It's the biggest, richest Million Dollar Portfolio Challenge ever!
This is your chance to win a cool $1,000,000 a Maserati GranTurismo Convertible Sport and 10 Exotic One & Only and Atlantis Resort vacations. All you need to do is sign-in/register with a CNBC.com account below; then on September 19th you can play with up to 5 different portfolios. Each with $1,000,000 CNBC Bucks - $100,000 for trading currencies and $900,000 for trading stocks and ETFs on the AMEX, ASX, LSE, NASDAQ and NYSE in real-time!
You guys should sign up to compete against me blastoisewso,
Some rules that stuck out
- No postition > 20% of portfolio
- No shorts, but can use short etfs
- I don't think there is a limit on time
- Can use currency (leveraged) only 10% i think though
- No leverage on stocks
Come at me brah.
You really are the man
Also, the 100 day moving average volume of the companies traded has to be > 50,000 and the market cap of the companies has to be greater than 500M.
ima win this
Buy me a new car.
Is insider trading illegal in this?
Most likely. Here in Norway we have a simmilar competition, lot smaller prizes though. Two years in a row the winners has been caught cheating. First year a guy manipulated prices in illiquid shares. Second year a controller in a distressed company traded the newsflow for two weeks.
long the Hong Kong Dollar!!!!
Canadians can't participate... bummer. I would have leveraged 500:1 on 2 different currencies, going long and short each across four different portfolios, while actively trading the last one.
Edit: Just read the 10% leverage on currencies rule.
currently in the top 200 (99.97% percentile)
i don't understand how some of these ppl are putting up these gains
top return is at 4.6M now...crazy still in top 500
http://www.cnbc.com/id/45583607
Looks like we have a winner. Funny stuff only 2.2 million return. That sure is a lot different then before the contest restarted....HA! Too bad though and scalping was no longer a option, the loading time changed between transactions.
I was at the 99% before it restated, and I don't even trade or study the market. Either the majority of players were horrible or this hole thing was a gambling game.
They reset the contest about a month ago. So all gains are from starting ~ a month ago.
Well Yea I pointed that out. But the contest reset on the 21 of oct. That was about a month in. And by that point leaders had over 4 million. Yes they cheated, I was making that point. It was quite a difference.
yea i quit once they fixed a few exploits :(
why did i get negative bannanas i demand a mod pms me to tell me who did this blasphemey!!!!!!!!!!!!!!!!!!!!!!!!!
I just threw one.
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