Posted by KCLoh > 2013-12-31 19:18 | Report Abuse

My best friend and comrade 3rd from bottom! LOL

Posted by inwest88 > 2013-12-31 19:19 | Report Abuse

Stock Pick and Trading Challenge 2013 2H for i3 members - Final Results

Below is the final results of the above.
- Rich managed to starved off a late challenge from OoiTB and even drew away in the final day to grab the top spot.
- OoiTB did well to hold on for second position and so did Thundercat
- Faberlicious just edged out Potenxa10 for 4th placing.
- Just imagine the difference between the first (50K profits) and the last (50K losses)

Finally congratulations to the winners and a round of applause to all the participants for taking part and to KW Tan for initiating this friendly contest and constantly updating the transactions.

Current Ranking / Contestant / Profit (Loss)
1 Rich - 51,454
2 OoiTeikBee - 46,609
3 Thundercat - 36,039
4 Faberlicious - 31,979
5 Potenxa10 - 31,886
6 Mfed12 - 30,107
7 Jenny6088 - 26,740
8 Hafiz Milip - 22,095
9 Hjey - 18,526
10 Zuliana - 12,833
11 CKLeow79 - 11,170
12 Morivae - 9,672
13 Imoogi99 - 8,380
14 SKC761103 - 6,972
15 Chang0509 - 6,562
16 Vincent Wong - 6,064
17 Iching - 4,697
18 Gooooooooo - 3,442
19 Liguo92 - 3,374
20 TKW - 1,840
21 Bruce88 - (1,524)
22 M Foxking - (7,356)
23 CFattLoong - (13,715)
24 Saturn - (13,751)
25 Tjhldg - (32,724)
26 Back2biz - (52,712)

Posted by rlch > 2013-12-31 19:53 | Report Abuse

Thanks inwest88 for the result update and Tan KW for organising the friendly contest and updating transactions.

Posted by thundercat > 2013-12-31 23:00 | Report Abuse

Congrats to rIch for topping the list. Thanks to invest88 and Tan KW for their efforts.

My style is more investor than trader, as I only picked one trade in Oct and keep it till today. In real life, I do have this pick in my portfolio, among others, but this pick has proven to be the biggest winner.

In comparison, KLSE rose about 100 points (~6%) in the past 3 months.

As a lesson learn (for myself at least) to take away from this contest, perhaps it is a good strategy to focus on few good stocks in a kind market condition, instead of switching in and out of many stocks. I resisted temptations to switch to other "hot" stocks such as Instaco and LBS warrant, and I believe that has proven to be the right step.

Of course, some may disagree with it, your opinions and thoughts please..

Posted by choolooi > 2014-01-01 22:49 | Report Abuse

Happy New 2014.

Yes thanks to Tan KW and Inwest88 ( the co-ordinators) and the participants that this 2013 stock challenge is successful.
Congrats to the top three.

# thundercat , thanks for your candid thoughts on part of your strategy .

Posted by sephiroth > 2014-01-01 22:52 | Report Abuse

happy new yr, choolooi, long time didn't hear from u, btw i manage titi at 1.43

Posted by lching > 2014-01-02 09:41 | Report Abuse

Thanks Tan KW and Inwest88. It proves that i still have a lot more to learn. looking forward to the next challenge.