Christmas fantasy PH share league
Discussion
DoubleSix said:
Don't know if you guys have already implemented this but these thing tend to function better if a limit is placed on how much is in one single holding i.e. 20%
Stops the thing being undermined by a shot in the dark and introduces more skill.
Very good point, maybe we should implement this for January?Stops the thing being undermined by a shot in the dark and introduces more skill.
Bit too late for me currently
DoubleSix said:
Don't know if you guys have already implemented this but these thing tend to function better if a limit is placed on how much is in one single holding i.e. 20%
Stops the thing being undermined by a shot in the dark and introduces more skill.
Good idea, don't know if that can be implemented in LSE (or once the game has started?). Definitely something to consider for future games (if people still want to play).Stops the thing being undermined by a shot in the dark and introduces more skill.
This is just meant as a bit of seasonal fun and hopefully it will get those who had no interest interested and help those who do trade a bit an opportunity to try out different trading strategies and perhaps reassess their attitude to risk. Once the winner snaps his braces and drives off in his 964 Turbo and the loser has the gun in his mouth we can perhaps debrief and discuss what we'd all like to keep and what we'd like to change?
I think in retrospect I would have perhaps ditched the trading fee and stamp duty to encourage more actual trading. Those costs, although real, tend to stifle things a bit. We give enough to the government in real life, no need to tax our fun just yet.
In the meantime, should someone pull a ten bagger out of thin air more power to them!
Fair play.
We do a lot of these for trainees. I think you are right to keep costs in however as despite it being for 'fun' it's nice to learn from the experience and keeping costs in will enable people to walk away with a better understanding of the realities of trading, rather than a false impression.
Wish I could join in! HF
We do a lot of these for trainees. I think you are right to keep costs in however as despite it being for 'fun' it's nice to learn from the experience and keeping costs in will enable people to walk away with a better understanding of the realities of trading, rather than a false impression.
Wish I could join in! HF
Edited by DoubleSix on Thursday 21st November 14:06
DKL said:
So I bought some AGM at 470 and they shot up so I put a stop at 475 when they were at 485, watched them plunge, thought how clever I'd been only to find they'd been sold at 465. Eh?
What happened there then?
Either the price jumped too far before the system noticed, or it executed the order when the mid-price was 475 but the bid was 465. It's not as responsive as the real systems.What happened there then?
Gassing Station | Finance | Top of Page | What's New | My Stuff