I am not sure which stock he means by the ticker symbol "CHAP", but ignoring that one, his performance from index inception (14th June 2007 to present day) is: Stocktrader index: +19.6% S&P 500: -14.6% QQQQ: -7.7% Performance vs S&P = +34.2% Performance vs QQQQ = +27.3% That's an excellent performance, especially in a bear market. Whether he actually bought and held only these stocks with real money is another matter. But the index itself has massively outperformed the market.
The components of the "Stock_Trad3r index" since Jan 1st.... BIDU - 37% AAPL - 35% VMW -28% GOOG -24% FXI - 17% RIMM -16% GS -16% DDM - 16% FWLT - 11% MA -4% EWZ - 2%
He kept adding to his "positions" (Paper trading) at much higher prices. Here is a post of his from the end of October... Notice the date?.... He added the dry bulk shippers (EXM and DRYS) to the index at their all time highs. Also added FXI, EWZ, and FSLR within percentage points of their highs before they collapsed. Then on Oct 26th... Deck was @140 then...down to 116 now. That was on Nov 1st :eek:
How's it hangin', homey? Let me guess. You went short yesterday,and bought zillions of puts on Bear Stearns?
Don't listen to these guys stock, you're a smart dude. So what if you're down? Just hit the reset button on your investopedia.com simulator, and you'll be back at breakeven in no time.
I wonder how the index is doing? Still good gains on RIMM ,MA and BIDU. DDM, GOOG, GS have done pretty poorly though.