Rules of the Challenge
Every week by Sunday 2359 need to submit a stock pick listed on SGX to FreeMe. You need to provide the name of the stock, the last traded price and your target price on friday. You also need to write a short paragraph at least to say why you pick the stock. If you fail to submit your stock pick by the stated timing, you are consider forfeiting your pick that week and u will be given 0 marks.
Every week we will tabulate the scores. Ranking will be given based on the higher percentage gain with 5 marks and the lowest of all with 1 marks.
Every last friday of the month we will finalise the scores and bottom 2 rankings will need to offer a treats. Treats for each person should at least be $10 and above.
All scores will be roll over for grand winner at the end of the year and the 4 others need to treat the grand winner with hotel buffet which at least cost $50 and above.
Participants to the current challenge:
1) FreeMe
2) Fx Hunter
3) Ang...
4) Als...
5) Sheng...
Dear Golden Farmers,
ReplyDeleteThis will be our 2nd challenge into the financial markets. It will also provides us with more exposure into the stocks, warrants and indexs. Let's share some of our time here and enjoy this process.
ps: Dont afraid to make mistake as we will come back stronger again.
Then later really go and start own company right? lol
ReplyDeleteU think too much. We learn as we move along. We build our social network.. whahaha.. coming 26 dec has to submit first stock liao..
ReplyDeleteFor a head start for everybody, U may wish to download ChartNexus on technical analysis or Fin355 textbook on fundamental analysis.
To Alson: If u need consultation, I will be charging at $50/ 30 mins on 1 to 1 guidance. Do not hesitate to call me.. Wahaha... Alson, beware of ur wallet. I'll burnt it..
Generally, short term analysis like a 1 wk pick doesnt need too much of fundamental. Short term movement is driven by traders and speculators. So the more suitable tools are still technical analysis.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteAlson, what is ur msn email ?
ReplyDeleteanyway, i have posted the most bsic way of analysing chart le. freeme also said my method is weird. as for u. no worry. prepare ur money for our buffet monthly. :p
Whahaha.... every week got free buffet to eat also good.. of cos those bottom ranks also benefits from the experiences gain.. so win win
ReplyDeleteI will try my best even despite the fact that I do not have a strong background in finance.
ReplyDeleteReferring to fx hunter comments:
ReplyDeleteYa right. I would probably be paying more if it is a 4 hour consultation. Not bad, can earn $400 just like that. I will also try to ensure that my wallet not catch fire.
WHAT IS UR MSN EMAIL!
ReplyDeleteBOOK MI SOON.
Don't worry, have already add you and the rest of the team in into my msn account.
ReplyDeleteSleep well and hopefully, everyone of us will do well come 2pm tomorrow.
hey i relly duno how to use this leh.. hahahah
ReplyDeleteto anonymous, write ur name la.. how we know who are u..
ReplyDeleteLet mi guess.. are u sheng lie ? wahahhaa...