I received a call from a teacher of mine informing me that I am now officially enrolled in the Stock Market Game (website here – http://www.smgww.org/index.html). Essentially this is a international competition in which students across the world compete for best percentage growth. The competition ends on December 13th, 2013.
This is a chance to truly prove that technicals work and add even more credibility to this part of the industry especially since that the rules state that the buying of a stock must be because of the news or business itself (not stock performance). Because of this stipulation (that I will unfortunately be penalized for) I will also have the chance to prove that technicals are just as credible and worth studying as the fundamentals are.
If you would like to learn more about the specific rules in which I will be constrained to, here it is – http://www.deca.org/_docs/conferences-competitions/DECA_SMG_Guidelines.pdf
I will be sure to keep you updated on the competition and my positions (if I am allowed to share, if I can, I will AFTER the purchase/sale). Please let me know if you have any questions/comments on this opportunity.
Email – Email Me
Twitter – @BenCBanks
StockTwits – @BenCBanks