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Anyone playing the ASX Sharemarket game???
If so, let's trade tips and strategies
If so, let's trade tips and strategies
ASX Sharemarket Game 2015
- Thread starter Kireyzma
- Start date
-
- Tags
- 2015 asx asx sharemarket game game
- Joined
- 17 March 2011
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Hi there,
I have an account ready to go in the game, just haven't had the chance to identify opportunities at the moment.
I trade a real account and have the flexibility to trade any stocks on the ASX and find the game somewhat limited in the stocks listed for trade. In saying that, if there are opportunities I identify that are on the list, I'll certainly trade them.
My real account does take priority over the game when time is limited, but happy to talk about my approach.
Cash: * $986.90
Shares: * $45,763.25
Portfolio value: * $46,750.15
Daily change: 0.132%
Overall rank: 13619
not going too great for me, took a bit of a beating with all bar 1 of my stops hit in the big down day, and no time to scan for new trades before the next up day! I am using a strategy similar to peter2's in the momentum thread but my trading plan is still a wip.
Found some entries the following trading day, but nothing has made a solid positive move as yet.
What strategies are others using/trying out?
Shares: * $45,763.25
Portfolio value: * $46,750.15
Daily change: 0.132%
Overall rank: 13619
not going too great for me, took a bit of a beating with all bar 1 of my stops hit in the big down day, and no time to scan for new trades before the next up day! I am using a strategy similar to peter2's in the momentum thread but my trading plan is still a wip.
Found some entries the following trading day, but nothing has made a solid positive move as yet.
What strategies are others using/trying out?
Stick with only 4 shares.
Cash: * $4204.46
Shares: * $43,189.50
Portfolio value: * $47,394.06
Daily change: 0.554%
Overall rank: 13028
My first ever game. Didn't start too well. I made the mistakes of opening my trades (about 48K worth) at "Market to Limit", and spreading my initial trades over 13 companies. Most stocks seemed to jump up for my buy, then dropped on opening, so I was down across all sectors.
After the 3rd week I cut my losses and concentrated on fewer stocks I thought were doing or would do well. Of the 7 companies I remained in, 3 are in profit and I am again waiting on parity or better to sell out the others.
Good learning curve for me, but I don't see myself improving my position much
Shares: * $43,189.50
Portfolio value: * $47,394.06
Daily change: 0.554%
Overall rank: 13028
My first ever game. Didn't start too well. I made the mistakes of opening my trades (about 48K worth) at "Market to Limit", and spreading my initial trades over 13 companies. Most stocks seemed to jump up for my buy, then dropped on opening, so I was down across all sectors.
After the 3rd week I cut my losses and concentrated on fewer stocks I thought were doing or would do well. Of the 7 companies I remained in, 3 are in profit and I am again waiting on parity or better to sell out the others.
Good learning curve for me, but I don't see myself improving my position much
- Joined
- 17 March 2011
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Hi ASX Gamers,
Well I had opened an account for the game but with work being super busy of late, I hadn't been able to get my portfolio started.
I commenced on Wednesday and will now actively trade using my strategy to dictate which trades I take. The ASX Game is fairly limited with the stocks you can trade but I have been able to find a few that match up to my entry criteria.
After commencing on Wednesday, here are my stats:
Cash: $14,793.62
Shares: $36,712.02
Portfolio value: $51,505.64
Overall rank: 897
Ranking for VIC: 214
Not a bad three days and I'm anticipating a good week next week with one more position to take to use up my cash.
I'll try to keep this site updated as I progress.
For those wondering how I am trading, it is purely on technical indicators.
Well I had opened an account for the game but with work being super busy of late, I hadn't been able to get my portfolio started.
I commenced on Wednesday and will now actively trade using my strategy to dictate which trades I take. The ASX Game is fairly limited with the stocks you can trade but I have been able to find a few that match up to my entry criteria.
After commencing on Wednesday, here are my stats:
Cash: $14,793.62
Shares: $36,712.02
Portfolio value: $51,505.64
Overall rank: 897
Ranking for VIC: 214
Not a bad three days and I'm anticipating a good week next week with one more position to take to use up my cash.
I'll try to keep this site updated as I progress.
For those wondering how I am trading, it is purely on technical indicators.
Here is my progress so far:
Cash: $1,710.12
Shares: $49,738.32
Portfolio Value: $51,488.44
Overall Rank: 4209
Rank for WA: 480
Best move I made in the game is holding 7000 RRL @ 1.383 after reading their annual report a week before the game started and buying big. I also held 4500 FMG but got cold feet and sold out when they were around 1.86
Learning alot, including that my best week was the week I was on leave and left things alone
Cash: $1,710.12
Shares: $49,738.32
Portfolio Value: $51,488.44
Overall Rank: 4209
Rank for WA: 480
Best move I made in the game is holding 7000 RRL @ 1.383 after reading their annual report a week before the game started and buying big. I also held 4500 FMG but got cold feet and sold out when they were around 1.86
Learning alot, including that my best week was the week I was on leave and left things alone
- Joined
- 17 August 2015
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Wow guys thanks for posting
I guess I should post my progress so far:-
Cash * $5,675.76
Shares * $46,727.70
Total portfolio value * $52,403.46
Daily change 1.022%
Overall rank 4383
EVN is by far my best performing stock & I'm just about to dump my worst performing stock WHC & look at something else.
Anyone have any tips for me???
Kireyzma
I guess I should post my progress so far:-
Cash * $5,675.76
Shares * $46,727.70
Total portfolio value * $52,403.46
Daily change 1.022%
Overall rank 4383
EVN is by far my best performing stock & I'm just about to dump my worst performing stock WHC & look at something else.
Anyone have any tips for me???
Kireyzma
- Joined
- 17 March 2011
- Posts
- 365
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Here's a tip, don't trade any tips you get... People will always tell you to buy, they very rarely will keep in touch with you and tell you when to sell.
My ASX game performance to date:
Overall ranking: 1,326
Ranking for: VIC 295
Portfolio value: $53,875.60
Change from previous week: 0.346%
Portfolio high: $53,875.60
Portfolio low: $49,900.23
Overall ranked players: 20,647
Ranked players for: VIC 4,997
Average player value: $49,452.73
% of players in profit: 43%
Setting my portfolio for the run into the end of the game. Going with an aggressive growth strategy to move up the rankings.
I didn't start trading until mid-way through the game and now playing catch-up on the leaders.
My ASX game performance to date:
Overall ranking: 1,326
Ranking for: VIC 295
Portfolio value: $53,875.60
Change from previous week: 0.346%
Portfolio high: $53,875.60
Portfolio low: $49,900.23
Overall ranked players: 20,647
Ranked players for: VIC 4,997
Average player value: $49,452.73
% of players in profit: 43%
Setting my portfolio for the run into the end of the game. Going with an aggressive growth strategy to move up the rankings.
I didn't start trading until mid-way through the game and now playing catch-up on the leaders.
After pulling into profit 2 weeks ago (surprising, given the number of trades taken to get there lol), I'm getting battered a bit, but it seems so are the leaders.
Here's me:
Overall ranking: 4,460
Ranking for: WA 295
Portfolio value: $51,734.79
Change from previous week: -1.000%
Portfolio high: $52,826.23
Portfolio low: $45,844.26
Overall ranked players: 20,647
Ranked players for: WA 2,107
Average player value: $49,452.73
% of players in profit: 43%
I'm confident in the companies I have and am planning to just let them run their course. From the outset, my goal in playing the game was to learn more about how the market works and to finish in profit.
So far so good.
Here's me:
Overall ranking: 4,460
Ranking for: WA 295
Portfolio value: $51,734.79
Change from previous week: -1.000%
Portfolio high: $52,826.23
Portfolio low: $45,844.26
Overall ranked players: 20,647
Ranked players for: WA 2,107
Average player value: $49,452.73
% of players in profit: 43%
I'm confident in the companies I have and am planning to just let them run their course. From the outset, my goal in playing the game was to learn more about how the market works and to finish in profit.
So far so good.
- Joined
- 17 March 2011
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That's what it is all about. I preferred learning in the real market though as that set me up to succeed. Paper trading is good but there are different dynamics at play when your real dough is on the line.
Nevertheless, the game provides a great starting point.
The market is fluctuating a lot at the moment, so winners can quickly turn to losers depending on your entry timing. I'm tending to focus on stocks that are trending upwards and continue to move in that direction (harnessing the momentum). Working well at the moment and I finished the day at $54k in the portfolio. Only another $12k to catch the leaders
- Joined
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Interested to hear how you guys finished up with the ASX game. There was a bit of a wipe out in the market when the game was concluding. My final results are below and the stocks that I was in have continued higher (some significantly this week) so it was a shame the game finished when it did.
I'll be playing next game and commencing trading from day 1 and work my strategy right through until the end of the game. I will be wanting to finish in the top 100 overall in the next game.
Performance summary
Overall ranking: 2,142
Ranking for: VIC 500
Portfolio value: $52,838.11
Change from previous week: 0.834%
Portfolio high: $54,034.12
Portfolio low: $49,900.23
Overall ranked players: 20,751
Ranked players for: VIC 5,027
Average player value: $49,216.85
% of players in profit: 41%
I'll be playing next game and commencing trading from day 1 and work my strategy right through until the end of the game. I will be wanting to finish in the top 100 overall in the next game.
Performance summary
Overall ranking: 2,142
Ranking for: VIC 500
Portfolio value: $52,838.11
Change from previous week: 0.834%
Portfolio high: $54,034.12
Portfolio low: $49,900.23
Overall ranked players: 20,751
Ranked players for: VIC 5,027
Average player value: $49,216.85
% of players in profit: 41%
Overall ranking: 9,863
Ranking for: WA 1,009
Portfolio value: $49,733.06
Change from previous week: 0.780%
Portfolio high: $50,075.30
Portfolio low: $44,756.35
Overall ranked players: 20,751
Ranked players for: WA 2,119
Average player value: $49,216.85
% of players in profit: 41%
Stuck with the system and found some late success
Ranking for: WA 1,009
Portfolio value: $49,733.06
Change from previous week: 0.780%
Portfolio high: $50,075.30
Portfolio low: $44,756.35
Overall ranked players: 20,751
Ranked players for: WA 2,119
Average player value: $49,216.85
% of players in profit: 41%
Stuck with the system and found some late success
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I'd forgotten that I'd joined up (thanks to this thread). I intended on doing some weekly trading for fun, but just let my initial picks ride.
Finished up ranked 1,315 (of 20,751). When is the next game? Would like to try a weekly system and have someone else record it...
Here is my performance summary:
Overall ranking: 4954
Ranking for: WA 489
Portfolio value: $51,119.51
Change from previous week: 0.468%
Portfolio high: $52,826.23
Portfolio low: $45,844.26
Overall ranked players: 20,751
Ranked players for: WA 2,119
Average player value: $49,216.85
% of players in profit: 41%
And I spent $2040 in brokerage.
Happy I finished in profit and in the top 25% of both state and national players. Disappointed that I didn't do better as some of the stocks I sold out of in panic performed well.
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