OTB...cool it....nothing to be excited about this challenges...no point getting getting angry. As long as you know what they're doing to be in the top, let them be. Take this challenge as a personal challenge rather then group challenge.
Rich, look at the counters that you buy like nextnat, utopia, hubline, sinotop, I know what you're trying to do. U r right that you're following the rules and as you know even, real written law, there's always a loophole somewhere.
Anyway friendly competition....winner or loser dont get anything and neither lose anything.....so let it be. I take this challenge as my personal challenge and that's all.
imoogi99 235 posts Posted by imoogi99 > Oct 13, 2013 01:38 PM | Report Abuse
OTB...cool it....nothing to be excited about this challenges...no point getting getting angry. As long as you know what they're doing to be in the top, let them be. Take this challenge as a personal challenge rather then group challenge.
u mean all the actual top 3 ( potenza 10 , tjhldg , tkw ) doing what rlch do in order to be in top ? .. i go through their transaction carefully and i dont think so . they r good and respectable trader , only rlch .. not gentleman . everybody know the loophole but we respect ourself ,,we never take this kind of advantage, may make people laugh at us saying siok sendiri . r we foolish ? certainly not .. for rlch we may just ignore him and let him siok sendiri.. .
Jenny6088, I never said the top 3...I just said some clever folks do that....see my post at Oct 12 1.27am....I just said some clever folks. No doubt some in the top are good. That's why I said this is my personal challenge.
Jenny, like imoogi99says this is just a friendly contest with no prizes offered and of course some will want to take advantage of any loop holes in the rules. There are so many things one can do. It's up to them as long there there is no rules preventing them from doing so. But in real life, they may not do what are are doing in this contest on such speculative counters. On the other hand if they actually did, I have to admire them for their courage !
invest88 , i think we all understand pretty well this is a game and no prize ,don know y u keep on mention it , , but once we take part , we play like real , i hate cheating or taking other advantage , btw ,seem like u dont think they actual doing the transaction in the game as same as in real trade , i follow 1 of them closely and i can tell u , they actually did it , so smart . . as for me .every counter that i bought in this game ,i bought in real trade .. and i think they did it also ...
jenny, KW Tan, as the coordinator of this contest has already made his stand that the rules will nor be changed and I support him. Is anyone wants is smart enough to take advantage of the loopholes so be it. You also can do it. And if you think they actually do it in real trade then they should be respected and admired for their courage. Even Ooi TB acknowledged that they are smart traders. The important thing is that there are no rules spoken. All the best in your trading , whether it's real or in the challenge.
" Is anyone wants is smart enough to take advantage of the loopholes so be it. You also can do it " u mean u ok with rlch did ? and suggest me to follow him ? so funny .. seem like rlch this kind of transaction , taking advantage of the loopholes while other feel shame to do is acceptable .. and to let u know frankly , u say i also can do it .. is an insult to me and really piss me off ..
Dear all, if the transaction not valid, Mr KW Tan should not say done from the first day. Did he reject any of the transaction(except not enough money case) all of you ask him to do? Like inwest88 say all of you also can do it anytime you like. Jenny6088 don't pick on me only as I see other participants from time to time also not do real life trade.
Jenny, you are getting too personal. What rich did is nothing against the rules. Why you are so pissed off when I say you can do it. Rich is smart enough to look at the US market first before picking his stocks. In real life you would also do the same. If in the morning you see that the US and Euro markets are up, surely you will feel more confident to invest on that day, right ! If anyone has broken any rules, I am sure KW Tan would have disqualified him without any hesitation.
As you can see after assessing the situation, Ooi also did not pursue the issue further.
KW Tan, as you obviously know, from the start I offered to help you with this challenge and also did mentioned that along the competition there will be some people who will give problems if a complete set of rules are not set out. Setting that aside, at the end of every other week, immediately after the close of trading I will tabulate a summary of the rankings (with a brief writ-up) for the contestants to see how they are progressing. I do not expect to receive compliments from anyone.
With the problems starting to surface now, I feel it's best I get myself disassociated with the challenge and will no longer comment or get involved with the tabulation of results. I will leave it to you to answer to those who are not happy with the running of the competition and who do not appreciate the effort you took in organizing this friendly contest.
I will be remain at the sidelines as a observer like Stcokwatch and kcchongnz. To contestants, happy trading and may the best person wins (so long as you do not break any rules).
after seeing the posting , i have only three words to share with from the bottom of my hearts : DIGNITY , INTEGRITY and HONOUR ( real honour ) .. the three words that make us a better person ... all the best .
Dear all, Please treat this competition as a real trade to test our skill, win or lose is not important to us. It is a good spirit every one wants to win in this competition, it is a good sign and it is also the purpose of this competition. However, I feel that we must win it gentlemanly. I leave it to you to decide yourself. Thank you. Ooi
Dear inwest88, I feel that Jenny6088 is expressing her view and I feel that it is ok to have second opinion. Anyway, we are still in the competition to test our skill. She did not pull out. I see no reason you pull out and not helping Mr Tan. We appreciate your effort in helping to organize this event. I appeal to you to help Mr Tan. Thank you for your help again.
Hihi, why cant the rules be changed if it is clearly not in accordance with real life trading conditions?If something is not working, it shoild be fixed and improved upon.dont be like ostriches and bury yur heads in the sand. What is the purpose of carrying on and ignoring the obvious loopholes and refusing to fix the oversight? If the members n contestants agree, then it shud be addressed and improved upon and the rules tighten. I am sure the current winner wud not mind as it would give them a chance to prove that, in the end, he is a worthy winner despite the new rules. What is the point of winning if the other contestants are insinuating that the winners are taking advantage of a few loopholes?Although they are being smart by playing by the current rules if i may say so?
rich....selling sinotop? That will be RM8K in the account. What next?...Amedia look promising but probably 1/2 sen only. Luster and JHM looks good too.....lol....Happy trading!
Posted by inwest88 > Dec 27, 2013 08:52 PM | Report Abuse X
# Special Update - Expect an exciting finish.
With two more trading days to the end of the challenge competition, Ooi Teik Bee has propelled himself (with a strategic purchase in Hap Sen warrants) to the 2nd spot and closed the gap to less than RM 3,000, with every chance of snatching the title from Rich who has been leading (except on one instance) since the contest started.
Look forward to an exciting finishing in the final lap.
Posted by inwest88 > Dec 30, 2013 06:04 PM | Report Abuse X
# The Final Stretch
With just one more trading day to go, OoiTB has further narrowed the gap and is now just RM2,000 behind Rich. So it all depends on the final day tomorrow. The race can't be more exciting - expect a neck to neck finish.
Gains at the close of today's trading.
Rcih - 49,896 OoiTB - 47,889
KW Tan - I may not have the time to compute the results tomorrow. Please do it if you do not see my posting by 8 pm. Thank you. Good effort to organise the challenge.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
imoogi99
1,640 posts
Posted by imoogi99 > 2013-10-13 13:38 | Report Abuse
OTB...cool it....nothing to be excited about this challenges...no point getting getting angry. As long as you know what they're doing to be in the top, let them be. Take this challenge as a personal challenge rather then group challenge.
Rich, look at the counters that you buy like nextnat, utopia, hubline, sinotop, I know what you're trying to do. U r right that you're following the rules and as you know even, real written law, there's always a loophole somewhere.
Anyway friendly competition....winner or loser dont get anything and neither lose anything.....so let it be. I take this challenge as my personal challenge and that's all.