Market Overview

Congratulations to the Winners of the Official August Stock Market Game at HowTheMarketWorks.com

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Congratulations to the top three traders in last month's official August Stock Market Game at HowTheMarketWorks.com. The contest ran from August First through the 31st. Each trader started with $25,000 virtual trading cash. The trader that earns the most by the end of the month wins.
 
Trader Dennis ended the month with a 40.7% gain. Just ahead of him was Trader Calvin in second place, who increased his trading cash by 164.8%. The trader to finish in the top spot was Trader Kyle, who increased his pot by an amazing 1,036.3%!
 
So, which stocks did these traders focus on? Trader Dennis used short sells and covers to make his profit. Companies traded included Direxion Daily (DRV), Bank of America Corporation (BAC), Direxion Large Cap Bear 3x Shares (BGZ), Silicon Image, Inc (SIMG), and US Airways Group, Inc (LCC). Meanwhile, Trader Calvin attained the number two spot by trading Petroquest Energy, Inc (PQ), Camelot Information Systems, Inc (CIS), Frontline Ltd (FRO), Exelixis, Inc (EXEL) and Optimer Pharmaceticals, Inc (OPTR).
 
In the pole position came Trader Kyle. He made over 500 trades this month and earned $125.61 in interest. His companies included Life Partners Holdings, Inc (LPHI), Web.com Group, Inc (WWWW), Camelot Information Systems, Inc (CIS), Endeavor Silver Corp (EXK) and Canadian Solar Inc (CSIQ).
 
HowTheMarketWorks.com hosts official contests monthly to see which trader can amass the most earnings during the month. Prospective traders can visit www.howthemarketworks.com to sign up. These stock market contests help participants learn more about short term trading, how to day trade and more.
 
About HowTheMarketWorks.com
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, NationalSMS.com, and Investing101.net) helps hundreds of thousands of students 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 experience.  Stock-Trak Inc was founded in 1990. Our virtual trading platforms and websites have helped over 3,000,000 individuals learn about the markets and practice their trading skills.

— WebWireID147519 —


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