Congratulations to the Winners of the Official October Stock Game Contest at HowTheMarketWorks.com
Congratulations to the top three traders in last month's official October stock game contest at HowTheMarketWorks.com. The contest ran from October First through the 31st. Each day trader started with $25,000 virtual trading cash. The day trader that earns the most by the end of the month wins.
Trader Ankit ended the month with a 92.5% gain. Just ahead of him was Trader James, who increased his portfolio by 104.2%. The trader to finish in the pole position was Trader Lake, who increased his portfolio by an successful 229.6%!
So, which stocks did these day traders focus on? Trader Ankit employed an interesting strategy last month. He traded 4,200 shares of Cheniere Energy, Inc (LNG), ending the month with $48,137.00. That alone was enough to land him in the number three spot in this virtual stock market game.
Meanwhile, Trader James used a different strategy, making over one hundred trades in the last month alone. Companies he traded included Direxion Financial Bull 3x Shares (FAS), Velocity Shares Daily 2x Vix (TVIX), Direxion Financial Bear 3x Shares (FAZ). He earned $27.38 in interest and ended the month with $51,062.38.
Trader Lake came in first place in October. He made over eight hundred trades this month and earned $25.48 in interest. His companies included Rediff.com India LTD (REDF), Dunkin' Brands Group Inc (DNKN), Healthways Inc (HWAY), Sky-mobi Limited (MOBI) and Caterpillar Inc (CAT).
HowTheMarketWorks.com hosts official virtual stock exchange contests monthly to see which trader can gain increase their portfolio the most each month. Prospective traders can visit www.howthemarketworks.com to sign up. These stock games help participants learn more about how to become a day trader.
HowTheMarketWorks.com is part of the Stock-Trak Inc. family of stock market education and stock market game sites. HowTheMarketWorks.com is the leading
provider of stock market simulations, stock market games, and stock trading
contests. Our family of virtual trading and stock market education sites (WallStreetSurvivor.com, StockTrak.com, HowTheMarketWorks.com, Sanebull.com,
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and adults each month learn how the stock markets work and become more confident in their investing decisions. Our robust virtual trading platform can also be customized to meet the needs of banks, brokerages, media companies, and other financial websites to enable them to offer their clients a virtual stock trading
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