Quote:
Originally Posted by Tayyar Keserwen  Could we invest in fixed income securities (government bonds, etc.) ? |
Let's say anything works (Except Poker, roulette, black jack, and other casino related stuff).
Quote:
Originally Posted by Tayyar Keserwen How reliable will each contestant's results be? |
Whenever someone does anything, he/she has to immediately write a message stating the time and price of the purchase/selling. We could always add info on top of one message (like a history log with timestamps) for reliably keeping track of the results.
Now people could cheat with short term fluctuations but let's trust the participants :-).
I propose a simple format:
Date/Time Action
Amount_USD Total_Free_Cash
Total Worth Oct1_08_1PM -
- 10000
10000 Oct2_08_1PM BUY_NYSE:JPM
2500 7500
9995 Oct2_08_3PM BUY_NASDAQ:INTC 1000 6500 9000 Oct3_08_1PM SELL_NYSE:JPM
4500 11000
11700
The
red transactions are outstanding ones. People could keep this table in an excell sheet and copy and paste it here when they make updates.