What you guys think are the best stocks to trade for CNBC contest. Shorting, Options and futures are not allowed, right?
How about dividing your portfolio equally on a few UltraShort ETFs and then short 100K of the USD versus the CHF?
Dividing equally? You are supposed to make all or nothing bets to have a shot at this stupid contest. You never trade like that in the real world.
go long oil...throw in some tech, metals, and a few ags (soybeans, wheat, corn) into the mix. Or take the opposite position of whatever Cramer suggests.
from what i understand, the stock portion is long only, no bonds, options or etfs. only 25% of your equity can be established in any one position.
The Best approach: http://www.elitetrader.com/vb/showthread.php?s=&threadid=126104&perpage=6&pagenumber=1 The Best trader's mindset: http://www.elitetrader.com/vb/showthread.php?threadid=126815
it is a big fat waste of time cheaters ruin it thats why you have 10 'job blows' from Altanta who are up 100% after the first 2 weeks