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Updates on the fantasy market
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bss
#81 Posted : Tuesday, September 07, 2010 6:02:30 PM
Rank: New-farer

Joined: 8/19/2010
Posts: 49
Location: Nairobi
those who've traded at least once should be considered to be holding cash positions but as bss would say, joining the Fantasy market just to hold cash only is bs! haha
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StatBoy
#82 Posted : Thursday, September 16, 2010 12:54:26 AM
Rank: Member

Joined: 5/29/2009
Posts: 49
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.
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guru267
#83 Posted : Thursday, September 16, 2010 1:54:00 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
StatBoy wrote:
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.

There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place
Mark 12:29
Deuteronomy 4:16
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kyt
#84 Posted : Thursday, September 16, 2010 11:48:57 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
holding cash beat any logic of market.
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
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mv_ufanisi
#85 Posted : Thursday, September 16, 2010 11:57:18 AM
Rank: Member

Joined: 1/15/2010
Posts: 625
guru267 wrote:
StatBoy wrote:
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.

There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place


Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market.

It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson.
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guru267
#86 Posted : Thursday, September 16, 2010 12:08:33 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
kyt wrote:
holding cash beat any logic of market.

So you're trying to say you don't hold any cash??
Mark 12:29
Deuteronomy 4:16
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reiner
#87 Posted : Thursday, September 16, 2010 12:13:42 PM
Rank: Member

Joined: 3/11/2009
Posts: 27
TO @ProverB, Surealligator, Bankelele, Kenmac, My2cents, MuchKnow:
Going by the very informative posts you guys put up, I am surprised to see you lagging in the fantasy market. Consider taking it more seriously as I know you belong in top 30 ;-)and I suspect in the real market you are doing good.

DISCLAIMER: I am in no way an expert, just pointing out an observation.
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Much Know
#88 Posted : Thursday, September 16, 2010 12:20:44 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
reiner wrote:
TO @ProverB, Surealligator, Bankelele, Kenmac, My2cents, MuchKnow:
Going by the very informative posts you guys put up, I am surprised to see you lagging in the fantasy market. Consider taking it more seriously as I know you belong in top 30 ;-)and I suspect in the real market you are doing good.

DISCLAIMER: I am in no way an expert, just pointing out an observation.

Laughing out loudly Laughing out loudly I was hoping no one was watching, on a serious note the real market and this one are quite different, but i will try, keep watching.
Ras Kienyeji Man
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guru267
#89 Posted : Thursday, September 16, 2010 12:37:23 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mv_ufanisi wrote:
guru267 wrote:
StatBoy wrote:
@Wazua, kindly resolve this matter of those who have joined and are not involved in any trading. At the moment there are 39 such people. I also like the suggestion of charging interest to those in negative cash territory.

There's nothing wrong with holding cash and thats why the option exists... Guys should Just make sure you beat the dudes holding cash so they can all be in last place


Those people holding cash should. be given an interest rate equivalent to the 1 year treasury bill. This is the amount of money they would get if they played it safe and avoided the stock market.

It's very fair not to trade the money - it shows how sometimes it's better to hold cash than be in the stock market. So it's a good barometer. The people with less than 500k are learning a lesson.

So are you saying holding cash is The same as holding T bills??
Mark 12:29
Deuteronomy 4:16
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the deal
#90 Posted : Thursday, September 16, 2010 12:40:17 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
@Reiner are those your hero's? on the contrary most people who do well on the fantansy market do well in the real market...the volumes might not be the same but the margins are the same.
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