Christmas fantasy PH share league
Discussion
kiethton said:
B17NNS said:
Yeah sounds good K, get it set up.
Wicked, I'll get the ball rolling ASAP, just need to escape work and this restrictive browser....Hopefully be up and running by this evening.
Planning on keeping the same rules aka SD & Trading fees to keep it realistic
kiethton said:
That was brilliant and thanks again for organising....
Would anybody be interested in another to run from now but over the course of the year? - with it being a little longer people would surely operate as they would in reality?
I'm in. Had Robbie Burn's book for Christmas so I'm ready!Would anybody be interested in another to run from now but over the course of the year? - with it being a little longer people would surely operate as they would in reality?
Its all a bit involved though - I had hoped it would be easy
I don't think 50% really achieves the goal. The idea of a cap is to stop luck becoming too much of a factor in who wins, it should ensure a degree of skill is required to do well.
15% would be considered a LOT for any professional to hold in one position, very rarely done. I appreciate you're only having fun so put the cap where you sit fit but 50% still gives huge scope for the proverbial 'monkey with an FT' to steal the show.
15% would be considered a LOT for any professional to hold in one position, very rarely done. I appreciate you're only having fun so put the cap where you sit fit but 50% still gives huge scope for the proverbial 'monkey with an FT' to steal the show.
Equally it would prevent anyone who plans to "day trade" (or 2 day or week) trading as they wish.
Especially with the volatile AIM stuff its high risk, high profit (or loss) if you play that game and you might want to play big and get out fast.
15% would make that all but pointless but it isn't necessarily unskilled.
Especially with the volatile AIM stuff its high risk, high profit (or loss) if you play that game and you might want to play big and get out fast.
15% would make that all but pointless but it isn't necessarily unskilled.
DoubleSix said:
I don't think 50% really achieves the goal. The idea of a cap is to stop luck becoming too much of a factor in who wins, it should ensure a degree of skill is required to do well.
15% would be considered a LOT for any professional to hold in one position, very rarely done. I appreciate you're only having fun so put the cap where you sit fit but 50% still gives huge scope for the proverbial 'monkey with an FT' to steal the show.
But a lot less off the wall than 100% in an AIM stock15% would be considered a LOT for any professional to hold in one position, very rarely done. I appreciate you're only having fun so put the cap where you sit fit but 50% still gives huge scope for the proverbial 'monkey with an FT' to steal the show.
15% is only a $1,500 max trade also quite unrealistic for a professional, actually pretty low for an average bargain.
What was wrong with the previous rules, (no rules) it's only a game.
ETA
How about 100K with 15% in one stock that would perhaps approach reality.
My thinking is that a 15% cap on 10K means a lot of money going to commission (as a percentage)
I'm happy to join whatever the rules
Edited by jeff m2 on Thursday 2nd January 16:44
Dr Interceptor said:
In other words it just ensures the professionals aren't beaten by a regular chap who gets lucky.
The stock market is open to everyone, no reason why this shouldn't be.
The stock market is open to everyone, no reason why this shouldn't be.
Jeez, don't be so chippy!
It's common practice in fantasy share comps to impose a limit on a single holding (whether it be 10, 15, 20% etc) We do it when running comps for newly qualifieds for example. Surely you can follow the logic of why you might wish to do this, beyond your previous cynical assertion?
Edited by DoubleSix on Thursday 2nd January 16:32
DoubleSix said:
Dr Interceptor said:
In other words it just ensures the professionals aren't beaten by a regular chap who gets lucky.
The stock market is open to everyone, no reason why this shouldn't be.
The stock market is open to everyone, no reason why this shouldn't be.
Jeez, don't be so chippy!
It's common practice in fantasy share comps to impose a limit on a single holding (whether it be 10, 15, 20% etc) We do it when running comps for newly qualifieds for example. Surely you can follow the logic of why you might wish to do this, beyond your previous cynical assertion?
Edited by DoubleSix on Thursday 2nd January 16:32
I can see why... and in practice yes, I don't put all my eggs in one basket most of the time. But sometimes a good tip comes along that you're willing to take a punt on, and might want to gamble a higher holding percentage? I do it in real life, shame not to be able to do it in a competition.
How about we keep it as it was previously?
It does go to show that people putting their eggs in one basket may get burned and loose everything...but it may just wrk out.
With it being a year as opposed to a month the risks associated with a block punt get a lot larger and should show a lot of people up...thise that avoid it, fair play
It does go to show that people putting their eggs in one basket may get burned and loose everything...but it may just wrk out.
With it being a year as opposed to a month the risks associated with a block punt get a lot larger and should show a lot of people up...thise that avoid it, fair play
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