The market came back today for 5 straight up days. It started out in the negative and was below the line most of the shortened session, but eventually managed to squeeze a gain.
Dow |
8,829.04 |
+102.43 (1.17%) |
S&P 500 |
896.24 |
+8.56 (0.96%) |
Nasdaq |
1,535.57 |
+3.47 (0.23%) |
On my Updown stock investment simulation account, I managed to close at number 16 for the November contest. I was hoping to stay in the top 10, but ranking that high was excellent just the same. There were 2 days where I had messed up and didn’t close out my positions for the day. The following day the market zoomed in the other direction, and I got killed. Lucky for me the other 18 trading days were favorable to my picks.
December kicks off with another free contest with cash prizes. There is no fee to enjoy plus when you mess up big on the virtual $1 million portfolio, you won’t feel a thing in your wallet. The only cost is a ding to your pride. If you do well, like I did this go around, it does make you feel good and builds your confidence. There are over 100,000 members at this site and I think over 21,000 participated in the contest. My overall rank in the Updown community for today is:
UpDown ranking: #714 of 105522 and my virtual portolio is valued at
Portfolio Value 30.62% $306,216.70 $1,306,216.70
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