Shares - just a bit of fun

srcandas

tushingham wrote: »

how do you decide which group has 'won' if certain shares have been in both groups and had a £1k top up several times? you wont know whether any 'profit' is belongs in the winners or losers group at the end?

They will be entered each day at the then price in the relevant portfolio. Just like if I physically bought them. So we might have LloydsTSB with £3000 in the risers and £2000 in the fallers but each priced at its value on the relevant day :j

gkerr4

Hooloovoo wrote: »

Where do they say it rarely works out?

I thought selling the winners and buying more of the losers was called "rebalancing" and actually recommended to "lock in the profits" and help bring the risk back to your desired level.

I thought, in general, people bought high when stocks were performing and then sold low to cut their losses.

personally, i think that "rebalancing" or "averaging down" on the losers is a terrible strategy. Having read the book "the naked trader" where he advocates "be pleased to take lots of (small) losses" I have religiously sold 'losers' quickly and overall my performance has improved quite markedly.

gadgetmind

gkerr4 wrote: »

I have religiously sold 'losers' quickly and overall my performance has improved quite markedly.

I now only buy unless I am prepared to hold until the value shines through. It takes more work up front, and more patience, and my performance is TBD.

I'll give an interim report every decade or so for those who crave frequent updates.

grey_gym_sock

gadgetmind wrote: »

I'll give an interim report every decade or so for those who crave frequent updates.

pls don't spam the forum

fiesta04

Over a month it's got to be the Gainers.

F4

JoeCrystal

Excellent idea. I did consider the idea of putting some money into the worst faller by close of day before on AIM over twenty working day and see how it go a month later. Never done it since I cannot afford it, but I never consider fantasy trading so I will give that a try. *adding Adventis Group to his list today (fallen by eye watering 71% yesterday)*

Thus I will eye your experiment with great interest. I would personally think that fallers will be best performers.

Cheers

Joe

Glen_Clark

This is just like tossing a coin. Whatever result you get this time tells you nothing about what you will get next time.

srcandas

Glen_Clark wrote: »

This is just like tossing a coin. Whatever result you get this time tells you nothing about what you will get next time.

Which is why it is just for fun

But I would say the study of data can increase your awareness of the most unexpected things. Just by following Lamprell (a high risk item since its initial decline) I have a better understanding of share price movement related to volumes. As long as observations are kept within context.

But we will see :beer:

The Gainers: tushingham, fiesta04
The Fallers: Srcandas, Newbie2saving, JoeCrystal

cisamcgu

Without a doubt the Gainers will do better. I base this on years of experience of coin tossing

Excellent game though

srcandas

The Gainers: tushingham, fiesta04, cisamcgu
The Fallers: Srcandas, Newbie2saving, JoeCrystal