The biggest mistake we often see in most traders is focusing on which stock gives them more profits instead of learning how to find the best system that suits their trading lifestyle.
As with any business, one of the best moves every trader should do to be ahead in this industry is to take notes and analyze his/her trading experiences. One of the best moves every trader should do to be ahead in this industry is to take notes and analyze his/her trading experiences. The more documented evidence you have recorded into every single trade, the more you will learn about the market. The more you the better trader you can become.
That’s why Investagrams brings you the newest and one of the most powerful tools every trader should have – the InvestaJournal where you can analyze and improve your personal strategies that will take you to the next level!
What is InvestaJournal?
InvestaJournal is a place to write your trading experience and record your way to success. It helps you to see your ability and your strategy through data and facts without any biases.
How it works
Anyone with Investagrams account can start and use the InvestaJournal as we are giving 10 days free trial to kick off this tool and get you started.
Features
Dashboard: It gives you an overview of all your trade transactions including analytics, strategy performance, top gainers and top losers
Analytics: Once you start getting your data trades, you can start learning about your performance as InvestaJournal automatically creates trends based on your inputs. A more detailed summary of trades that captures equity, profit, drawdown and weekly analytics is now accessible at your fingertips.
Strategies: You can log your trading strategies and thought processes behind each buy and sell you are making. This helps you remember what execution have you done and gives you a basis on fine-tuning your trading system.
A new page will appear to create your Journal account with a username:
After account creation, a pop-up notice bar appears at the bottom page for activation of your 10 days FREE trial:
There are three necessary steps to try the InvestaJournal for free: There are three necessary steps to try the InvestaJournal for free:
Verify your email
Upload a valid ID
Start your free 10-day trial
Once activated, you’ll be heading to the main dashboard and you can now start to log your funds (deposit, withdrawal or cash dividends) and your trades (buy, sell or stock div).
Identify your component and develop more discipline by recording all your strategies by logging your trading set-ups via the ‘Strategies’ tab:
Use the ‘Analytics’ tab to analyze how your decisions are impacting your trading performance:
Hope that helps! InvestaJournal features are built not only to find your edge, but to survive. It is a powerful combination of building your trade history and establish a trading routine that boost your lifestyle.
“Noong Unang Panahon, mayroong Apat na magkababatang mga Traders.
Dahil Confidential, itago nalang natin sila sa mga Pangalang Bayap, Nokat, Jornalyn, at Narry G.”
“Isang araw, nagkita ang magkaibang Bayap at Nokat sa may pala-isdaan.”
Bayap : Pareng Nokat, Pareng Nokat. Bakit mo Binili yung mga Stock mo, eh ang papangit lahat namumula.
Nokat : Ha? Alam mo ba sa talangbuhay ko… sa Anim napu’t walong taon na pag-Ttrade ko eh ikaw palang ang nag sabi sakin niyan.Simple lang ang Strategy ko, basta nag cross na ang kwan, eh ibig sabihin Buy na Yan.
Kapag bumaba pa yan, ibebenta ko yung ibang ari-arian ko para makabili pa ko ng mas marami. No Cutloss, No Problem. Long Term Trader ako Bayap, Long Term Trader.
Bayap : Sixty Eight Years ka jan, eh Bente Siyete palang tayo. Isa pa malulugi ka lang jan sa style mo bakit hindi mo
nalang ako gayahin? Turuan kita, libre lang!
Nokat : Pareng Bayap, no Offense ha pero wala akong plano bumili ng Mahal na Stock. Hindi ako bilib jan sa Stock mong masyado ng mataas. Naalala mo dati, noong bumili ka, kinabukasan bumagsak hanggang ilalim ng lupa?
Bayap : Minamaliit mo ba ang ginagawa ko? Alam mo bang konting konti nalang, makakabawi narin yung Port ko? Eh kung itulak kaya kita jan?
Nokat : Ayokong makipagtalo sayo, mabuti pa, magtanong nalang tayo. Naalala mo ba si Jornalyn?
Bayap : Sino ba naman ang makakalimot kay Jornalyn. Maganda. Simple. Matalino. Kaya ang dami niyang Investagrams Followers eh. Isa ako sa mga Taga-Hanga niya.
Ganito nalang Nokat, puntahan natin siya at itanong natin kung ano nga ba talaga, sino nga ba talaga satin ang Tama.
~Patuloy lang ang pagkkwento ni Bayap ng mga alam niya tungkol kay Jornalyn.
“After awhile, nag-Decide na ang Dalawa na Puntahan si Jornalyn malapit sa Coffee Shop.”
Agad naman silang nakilala nito.
Jornalyn : Oh Bayap, Nokat. Long Time No See!! Kamusta kayo?
Bayap : Eto, umaasa parin.
Jornalyn : Umaasa?
Bayap : Umaasang mabigyan mo ng kasagutan, ang aming mga katanungan.
Nokat : Ganito kasi yan, nagtatalo kasi kami nitong ni Bayap. Gusto talaga naming malaman kung ano ba ang mas Magandang Strategy sa Pag-Ttrade nitong Stock Market.
Alam namin na mas bihasa at active ka dito kaya ikaw na yung gusto naming tanungin.
Jornalyn : Ganun ba? Sige, pero bago ang lahat. Sagutin niyo muna itong mga tanong ko: Kailan niyo Naisipan at Nasabing “Ah eto, eto na talaga yung Sistemang Para sa akin.”? at Paano niyo nalaman yung Effectiveness nito?
Bayap : Natutunan ko yan 3 years ago. Nang bumili ako nung isang Stock, tumaas ito. Umabot ng 150% yung kinita ko kaya naisipan kong magbenta dahil baka bumagsak pa at madami ding Nag-Tataasang Stock ng mga panahong yon.
Only to find out na makalipas ang Tatlong Buwan. Yung Binenta kong Stock, tumaas pa pala 1500% since that day na binenta ko. That’s the time na nag Decide ako na Hinding Hindi na ko magbebenta ng mga binili kong Stocks kahit malaki na ang Kita ko dito.
Lumipas pa ang mga Buwan, pero sa totoo lang, imbis na tumaas yung mga Stock na hawak ko. Lagi nalang nagbababaan, a Day after ko mamili.
Nokat : Yung akin naman, natutunan ko sa Lolo ko. Ang sabi niya kasi sakin, hangga’t may shares ka, okay ka hijo. Walang Kumpanya ang gustong malugi sila. Kinapitan ko naman yung mga sinabi niya kahit minsan ang sakit sakit na.. napakatagal ko ng Hawak itong mga Alaga kong Stocks.
No Cutloss, No problem ang Motto niya. Gusto lang talaga namin malaman, Anong Stocks nga ba ang Magandang Bilhin. Yung Pataas o Yung Pababa?
Jornalyn : Alam niyo, it doesn’t matter if a STOCK goes up, down, sideways, o magpa-ikot ikot. IF YOU WANT TO BE A GOOD TRADER, YOU CAN’T LIMIT YOURSELF TO ONE STRATEGY, kahit ang tingin mo pa jan ay the BEST SYSTEM.
1. A Good Trader not only knows kung kailan nasa kanya ang Favor ng Market, he/she knows HOW TO ACT ON IT.
2. He/She constantly develop and improve yung mga Strategy na ginagamit niya.
3. They are ready and willing to Unlearn Things. It doesn’t matter kung sino pa ang Nagturo sa kanila nito. If it’s not effective, they remove it.
How’d they know kung Effective ba ito o Hindi?
They BUILD it, they TEST it, if it’s GOOD, they do their Best to IMPROVE it.
pero kung hindi ito gumana, they THROW IT AWAY.
You’ve heard that right.
They Test and Improve their Strategies overtime because the KEY to succeed in the Stock Market… It’s not the SECRET INDICATOR, it’s not the amount of TIME YOU PUT IN, and it’s not HOW DEEP YOUR WALLET IS.
It’s the SKILL to continuously improve your System no matter how much you believe in it.
Yung paulit ulit na pag-Basag mo sa Sistemang nakasanayan mo until makuha mo yung Cream of the Crop. The Best of the Bests for your PROFILE. Not one time, but continously until that day na Okay ka na at handa ka na mag-Retire from Trading.
The market evolves and you should evolve with it.
Pero paano nga ba ma-Improve yung GEARS and STRATEGIES?
It’s by RECORDING your Trades.
By doing this, you get to see your Trading Strategy better.
It’s like going to a high place just to have a broader perspective, titigan mo from that angle yung mga PAST Trades mo.
Which of these Trades made me the MOST MONEY?
Which of these Trades made me the MOST MONEY, consistently?
Magkaiba ‘yung nagbigay sayo ng Malaking Profit, at yung consistently nagbibigay sa iyo ng Malaking Profit.
Not only that, it will also help you ASSESS your MISTAKES. Dahil ang mga Mistakes, hindi dapat bini-BABY. If you really want to WIN in this Industry, you’ll have to Improve your Strengths and Fix your Weaknesses.
Most Traders overlooked these things.
They don’t realize na yung Konting Mali can actually cause a Big Impact in their Trading.
“HOW to start, gusto ko yan!”
If before, Traders have to write their Trades Manually on a Notebook kada araw just to see how their strategies perform.
This time, they can focus more time on developing their strategies! A much better way to Record your Trades is finally Available!
It’s called Investa Journal. Ano nga ba ito? (click the image below to see how this feature can help you in your Trading Journey.)
There are FOUR Kinds of Traders in the Stock Market.
Yung UNANG grupo (mga kagaya ni Bayap, repeat… BAY AP), these are the type of Traders na kapag may makitang Tumataas na Stock, eh bibili na. They are Hoping na Tataas pa yung Stock nila ng 1000% everytime.
Yung PANGALAWANG grupo naman (mga kagaya ni Nokat, forever hold, Nokat), they Trust their Stock so much or should I say yung analysis nila of that Stock.
Sometimes, we think na just because bumababa yung Stock, CHEAP na ito. We lay down the things na alam na sana natin. Our knowledge of the PRICE, the VOLUME, the Indicators, the Cutloss levels… The only thing we can’t let go is our EGO. Mali yung mga TAO, hindi nila nakikita yung Value nitong Stock na ito..
The THIRD Group (yung mga kagaya ni Jornalyn). These are the Traders who backed their Strategies/Systems with Data. They love improvements. Kung may butas sa System nila, they fix it right a way. They don’t wait until maubos yung Capital nila before they do something about the Leak. They are not PERFECT dahil kadalasan.. SILA yung mga dati nang nasaktan and ayaw na nilang balikan yung nakaraan, that’s why they want to create a better FUTURE.
Now, more calculated and more data-driven for them to have BETTER ODDS OF SUCCESS.
Malamang nagtataka kayo kung bakit wala yung FOURTH Group.
They’re so BUSY bashing Stocks, Ideas, etc. They don’t have TIME to Trade. Kaya wala sila dito.
Hi! I’m Coleen, an OFWkid. If you’re like me or if you’re a family of an OFW, you might relate to my story. Ever since, siguro hindi pa ako naipapanganak, OFW na ang tatay ko. In a year, masasabi ko na I get to see him 3-4 months? And hindi yan consecutive, magkakahiwalay pa yan.
Growing up, I’d always pray for his safety. Always praying that he will be able to come home safe to us – that no danger will happen to him. If that OFW is your spouse, parent, or someone very close to your heart, you might have the same worries as I do. Nung bata pa ako, lagi ko nang iniisip kung bakit kinakailangan maghiwalay ang pamilya para lang sa maginhawang buhay o di kaya para sa magandang kinabukasan. Wala na bang ibang paraan?
Because of wanting to spend more time with the family, my parents decided to start businesses. Sinubukan naming magtindang chocolates, peanut brittles, siopao, and even different kinds of soap like dishwashing liquid and detergents. Their biggest investment was opening a physical shop – a “karinderya”. Just like any young business, it was tough, and we can barely make ends meet. It was a struggle. As much as my parents wanted to go through the challenges, they couldn’t afford to lose their health, me and my sister’s education, and the “bonding” time with the family. Since the “karinderya” business was our family’s bread and butter, we had to give priority to the customers’ needs prior to ours.
My dad had to go back working abroad. It was better. While he’s away working, we do our best in school and in saving money so that we can make the most when he comes back. I was happy.
Fortunately, I wasn’t contented. Wow, fortunately. Haha. Maybe I always felt that there’s something else that we can do- that maybe I can do. Maybe business is the answer for some. But what if you’re not really a business-type of person? Yung tipong shy type ka tapos hirap kang mag invite sa mga pa-networking dyan, haha. Wala na bang ibang option?
EH DI STOCK MARKET!
Unfortunately, it cost my family so much for me to know the options. We’re not really educated that much when it comes to finances, investments, or even the stock market. Other people took advantage of my lack of knowledge. I started in forex trading before I got to the stock market. I did learn something from Forex and that’s it. I just learned from my mistakes and experiences. And yes, I lose money. May be there are a lot of victims out there like me.
It was really a tough time for me. There was regret, guilt, and depression. I just wanted to help my dad. I just wanted him not to work abroad anymore. I just wanted him home.
You see, I’m really blessed, lucky you may say. My dad was very supportive even in my forex journey. He continues to believe in me even in my failures. It was my dad who introduced me to the stock market.He wanted me to get back, stand up – and use what I’ve learn and apply it to the stock market. He gave me another capital to start again.
I might not be as good as the traders out there. I can earn a few hundreds to a thousand pesos for each trade. Sabi nga nila, “small progress is still progress”. The best part of our story was – our struggles in forex led us to get serious with the stock market.
Currently, as a family, we are investing in the stock market with the hopes of the day my dad won’t need to go abroad anymore. You see. We just need to learn and share it to others. By simply sharing, we can also make an impact to other’s lives. In consequence, has an impact to the future of our children – that someday no one has to work outside the country for a comfortable life.
To everyone who wants to learn about the Stock Market, pero hindi alam saan magsisimula. Baka makatulong ito sainyo!
Check : http://invs.st/OfwKid
It’s the Biggest Trading Competition sa Pilipinas, Investagrams will also give access to Beginner Friendly LEARNING MODULES
to those na sasali, aside from the chance na manalo ka! Ang tanong nalang, gusto mo ba talagang matuto at magsimula?
“Naks abroad ang work! Laki siguro ng sahod mo. Size 9 nga pala ako kapatid.”
Ilan lamang yan sa mga kantyaw na matatangap mo ‘pag nalaman nilang you are working abroad. As if kaya na naming bayaran ang UTANG ng Pilipinas sa sahod namin kung makapagparinig ang iba. Just like everyone else, kaming mga OFW’s, gusto rin naming maka-ahon sa Buhay at mabigyan ng magandang future ang aming mga pamilya.
Ako nga pala si CHAD, Isa akong Caviteño, 2012 noon, Katulad ng iba, isang simpleng Empleyado lang din ako. Working the usual 8-5pm shift. Chasing the years. Hinahabol ang promotion at tinatanaw ang pagtaas ng Sahod. Katulad ng karamihan sa atin, I believed na the fastest way na makaka-ahon ako sa hirap ay ang pag-aAbroad. So ayun sinubukan kong mag-apply at magtrabaho papuntang Korea. Anyeong haseyo ❤!
Sobrang excited at saya ko!
“Feeling ko abot-kamay ko na lahat ng pangarap ko.”
Ganadong ganado ako sa mga unang araw ko sa trabaho. Ganado pa rin sa mga unang linggo. Ganado sa unang buwan ng sweldo. Until I realized na halos parehas lang dito. Different country, same story, decent salary, but away from your family. Working for more than 8 hours a day is no joke minsan wala ka ng oras para sa sarili mo. Totoong mas mataas ang sweldo, mas nakakaipon (kung matipid ka), pero totoo din yung hirap. Sobrang mahirap.
All those times, nasa BANK ang pera ko, kumikita naman mga less than 1% kada taon pero nababagalan ako. After a year, naghanap ako ng ibang way tomake my MONEY work for me. The search started there. Naririnig ko na yang Stock Market na ‘yan. But I thought, just like everyone else, pang-Mayaman lang ‘yang stocks na yan. Pero given sa na-experience ng kaibigan ko, hindi naman daw kailangan na mayaman ka para magsimula. I contacted a friend from Cebu na alam kong nagii-Stocks para magtanong tanong. That was the start of my journey, sa una takot ako dahil pinaghirapan ko yung perang balak kong i-Invest but I was enlightened!
I realized ANYONE CAN INVEST IN THE STOCK MARKET, IT DOESN’T MATTER KUNG MALIIT LANG ANG IPON MO SA BANKO.
“From Customer to Shareholder of Jolibee.”
Nagbasa basa pa ko tungkol dito. Nanunuod ako sa mga business related tv station just to get a deeper understanding of how to start investing in Stocks. I was HUNGRY and After six months of searching and studying, I went home. Umuwi ako nang may bagong pangarap. Bagong bagay na gumising sa katawang lupa ko. Agad – agad akong Nag-open ako ng account with my savings. Natatandaan ko pa yung unang stock na binili ko, Siyempre yung sikat na banko, BDO. Consistently, for 6 months, aside dun sa initial capital ko, I put PHP5,000 into my account and buy BDOshares.
“After 6 months, I gained 17% from BDO.”
Cut the long story short, I continued sa journey ko. Nag-aral ako ng mga Strategiesand Setups after kong magtrabaho, I also met friends along the way, yung iba sa Pilipinas, yung iba naman andito rin sa Korea. Mga taong patuloy na nangangarap at nagkaroon ng Pag-asa dahil sa Stock Market.
Naging part din ako ng isang Event ng Investagrams last 2017. (Ako yung gwapo sa pinaka right)
Madami akong nakuha through investing, given na yung Financial aspect pero Most importantly – yung Financial freedom- not the freedom na kaya mo nang bilhin lahat ng gusto mo (although that could happen, too), but ‘yung tipong ‘di ka na mag wo-worry sa mga bills mo. ‘Yung may Peace tuwing matutulog ka sa gabi knowing that you can do the things you want to do and fulfill a purpose pagkagising mo kinabukasan. You also meet friends along the way which is isa sa mga Magandang nakuha ko because I started Investing, cheesy!
I am still in Korea as of the moment. Still working. Still trading. Still fighting. Ever since na-Experience ko yung potential ng Stock Market Investing, nagkaroon ako ng desire to share lahat ng natutunan ko for almost 6 years na pag-tTRADE sa ibang OFWs who also want to reach their biggest dream, karamihan yung makauwi at makasama ang pamilya. Swerte yung mga gustong matuto ngayon. Much luckier than we were nung nag-Start palang kami. One of the biggest struggles I had during that time was the lack of learning resources, tools, and community that will support each other.
Oo nga pala, sa lahat ng gusto matuto, pero hindi alam saan magsisimula. Baka makatulong ito sainyo!
Check http://invs.st/OPPAStoryInvestaCup
It’s the Biggest Trading Competition sa Pilipinas, Investagrams will also give access to Beginner Friendly LEARNING MODULES
to those na sasali, aside from the chance na manalo ka! Ang tanong nalang, gusto mo ba talagang matuto at magsimula?
In our desire to help Filipinos improve as traders, we are ecstatic to announce our newest MAJOR UPDATE. You can now test out your skills in the GLOBAL markets!
Having this feature will let you experiment your strategies and see if you can also catch profits in US stocks and Cryptocurrencies. Just remember that for US stocks, trading will only be limited to US trading hours (9:30AM – 4PM Eastern Time),
Aside from the ability to buy and sell stocks and cryptocurrencies, here are some of the features you can expect from vTrade:
No more PORT RESET required
One of the major concerns regarding last year’s Investagrams Trading Cup is the needs to reset the Portfolios to make buying and selling Stocks for the COMPETITION possible. With this update, you can now retain your own virtual trading portfolio and use a separate one for competitions.
Join MULTIPLE Competitions any time
In line with the capability to have a separate PORTFOLIO for personal use and competitions, you are now allowed to join multiple competitions at any given time!
Upgraded view of TRADE HISTORY
With this upgrade, you will now have a better grasp of your past Trading Performance.
3. Position Type – There are two position types in the Stock Market. One of which is the ‘LONG‘ position, it’s the buying of a Stock with the expectation that it will rise in value (This is the usual way). On the other hand, there is the ‘SHORT‘ position (a bit more complicated than the LONG position) you can read more about it here: http://invs.st/Shorting
4. Last Price / Current Price – the current PRICE/Share of the Stock you own.
3. The last day for registration is on September 23, 2018 (Sunday). Please secure your entry to the competition HERE
4. There are two types of competition passes:
The Regular Competition Passgrants basic entry to the competition.
TheInvesta Booster Pass includes basic entry to the competition and allows you to reach your FULL POTENTIAL:
– DOUBLE the total base cash PRIZE from Php 250,000 to Php 500,000
– BONUS POT PRIZE on top of the base cash prize (the pot increases for each player that joins)
– Three-Part Learning Module containing Fundamentals, Technicals, and Trader Strategy & Profiling
Only 1 entry and account per person is allowed in the competition.
5. After fulfilling your payment through BPI, BDO, 7–Eleven (Coins.ph), or Credit/Debit Card please send a copy of your deposit slip at payments@investagrams.com and upload a scanned image of your VALID ID (Government ID, Driver’s License, Passport, TIN, Unified ID, Voter’s ID, etc.) or School ID (for students) to this link: https://www.investagrams.com/Account/Settings/AccountSettings
6. After fulfilling your payment and sending your receipt and valid ID, we will e-mail you a confirmation for your Investagrams Trading Cup 2018 registration. Please give us 24 to 48 hours to reply considering the influx of entries.
7. Once confirmed, you are on our database already! You will now have access to the trading lobby. The official start is on August 20, 2018 (Monday)— we will send you reminders and further details as we near the competition.
Competition Schedule
The competition starts on September 24,2018 (Monday) and ends on December 28,2018 (Friday).
If you reach the Top 10 of the competition rankings, there will be a required defense where you will be asked to do a brief presentation about your stock picks, strategies and insights for the competition. Winners shall also be awarded on this date. The tentative date of the defense will be around January next year.
The defense presentation is required for all the Top 10 winners but this has NO WEIGHT in determining the winners of the competition. The rankings are based purely on your trading performance. This is more of an avenue where we can get to know you personally before we give out the prizes.
We prefer to meet you in person, but for Overseas Filipino Workers (OFWs) or those who cannot go to Metro Manila (we will confirm your address and situation) during the defense day, you may present through online video call.
How to WIN
1. Each player will start with Php 100,000 virtual money. The goal of the game is simple — trade your account for the whole competition period and aim for the highest profits. The players with the highest rankings while playing within the rules will win.
2. The players will use the Virtual Trading Platform of Investagrams.com which tracks the stock price movements in the PSE. The system automatically calculates transaction fees to make it more realistic. To know more about our virtual trading platform, please visit this link: http://invs.st/InvestaVirtualTrading
3. Players may only trade from 9:30 AM to 3:30 PM, with lunch break between 12:00 NN to 1:30 PM — just like the regular trading hours in the Philippine Stock Exchange. No trading shall be done at the pre-close period of 3:15 to 3:20 PM; the system will resume trading at 3:20:01 PM.
4. Players can only transact using the current prices of the stock, meaning it changes accordingly to the actual market prices. You can only transact Market Orders;you have to monitor the market when you want to buy and sell.
5. Attached below is the list of all the tradeable stocks for the competition:
7. Investagrams has the right to add or modify the rules of the competition to ensure the integrity of the Investagrams Trading Cup 2018. Announcements shall be made if there are any changes. Rest assured, we prioritize keeping the competition as FAIR as possible to all participants.
Prizes
Only the Top 1 to 40 rankings will be announced as official winners, which means that the 40 winners may be a combination of participants with Regular and Investa Booster Passes. There will be no separate rankings for the two types of passes.
Regular Prizes
For those who availed of the Regular Competition Pass.
DOUBLE-UP PRIZES
For those who availed of the Investa Booster Pass.
Rinse-and-repeat trading abuses is where a trader capitalizes on the wide spread of a stock.
For example: $WPI .87 bid, .91 offer — a trader just buys and sells repeatedly in the virtual trading platform and takes advantage of the illiquid stock and its wide spread.
In the real markets, you can barely trade these situations because you need to queue your volume. Meaning, you run the risk of not having your order filled since the stock is barely trading, or much worse, you could be trapped in an illiquid stock.
On the other hand, in any virtual trading system, anyone can just go maximum allocation and buy/sell repeatedly since there is no queue, and you can exit any time — which does not represent real markets. In real market situations, you won’t be able to trade this consistently with significant volume, which is why we do not find this strategy as realistic
This kind of stock behavior depicts an unrealistic strategy and it is often abuse-able in virtual trading competitions.
We iterate that any player who is constantly getting his/her profits from rinse-and-repeat wide spread and illiquid trades will flagged and be disqualified. We will be able to validate this through our algorithms that verify the trading history of each participant.
We understand that scalping is a form of strategy, but it is barely applicable in the Philippines especially given the high commissions and the inability to go-in-and-out consistently due to the lack of liquidity and risk of wide spread stocks that suddenly become inactive and illiquid. Day-trading stocks that have real moves and liquidity are OK, but those who are just looking to repeatedly abuse stocks that are barely trading (widespreads) and are illiquid will be DISQUALIFIED.
As we have said, we will have no TOLERANCE to traders who are abusing illiquid stocks and rinse-repeat abuses.
We have observed that there are still a lot of traders mainly profiting from illiquid stocks and repeatedly doing rinse and repeat strategies. We have given our warning earlier to some of you. Our algorithms and our team has detected several players who continue to abuse and rely mainly on ‘rinse-repeat’ spread abuse trades. We have been very consistent in iterating to you that RINSE-REPEAT, unrealistic and abusive trading strategies will be penalized and will not be TOLERATED in this competition.
What are “abusive” trades?
Example 1: TBGI
Look at the Bid and Ask Table Below.
Some of the Traders may Opt to Buy the Stock (in the Competition) at 0.53, Sell it at 0.54 and in just a few minutes, gain around 1.5+% in profits per trade. This is nearly impossible and takes a huge amount of Time once done in Real Life because you have to wait for your order to be filled first.
We want to find winners who show TRUE skill and strategy.
