The Rules of the Contest

[shawFund]

One suggestion:

About the gain:

  Allow anyone to exit the position any time during this month, not necessary to wait until the last day (Dec 5).


Say, if you picked a stock and it gained 100% in the middle of the month. Your price target has met and want to take profit ahead of time.

This agrees with our stock on fire (momentum) play principle. Exit at the best time and the best time may not be on Dec 5th.

[boatguy]

Shawfund,  Good idea this would allow us to lock in the profit on our picks and still be workable without taking to much time from David and Ramsburgs valuable time.

Applaud

[setravis]

Wow all the members we have here and only 23 picks so far.
Better get busy. Come on , "hopefully nobody will smite your pick here!!"

[stocky]

well i dont know if i would come up with the pick but i would sure be putting my money on good picks from contests.

[setravis]

Still can't understand why, with all the members we have here
at 3SOF we now have only 31 picks so far.
What's up traders....not interested

[Ramsburg]

One suggestion:

About the gain:

  Allow anyone to exit the position any time during this month, not necessary to wait until the last day (Dec 5).


Say, if you picked a stock and it gained 100% in the middle of the month. Your price target has met and want to take profit ahead of time.

This agrees with our stock on fire (momentum) play principle. Exit at the best time and the best time may not be on Dec 5th.

Hi ShawFund,

We thought about that... and probably will be a new rule on the next contest...
But will not be applied on this first edition.

Let's call this first edition a «Beta Version»
I'm sure the new versions of the contest will have some nice updates.

regards,

[dwest718]

Ramsburg, are you going to enforce the 100 word minimum and the 20 post minimum?  It would knock out several picks.

There are 39-40 entries right now if the rules are enforced.  Setravis... you got across to at least a few people.  10 more picks in the last few hours. Now this is a little bit of a competition... May the best man (or woman) win!

[Lucas Scott]

The less competition the better. I want that 500 bucks!! Show me the monay!!

[setravis]

I have come to notice in the Stock Picking Contest
That Healey Picked SIRI and later on tdot36 made the same pick.

[ScottishTrader]

maybe tdot didn't read through all the picks    His loss, as the rules state, it oges to whoever picks first.

Reading through the stock picks, there are some absolutely fantastic picks in there - I just wish I had more money to go in on some more of them - maybe I will next month

As for now, let the games begin 

[eagerlearner]

wow , 80% of all the picks are up intraday so far!    .. very impressive!
miliion of thanks to David and Ramsburg for the great idea!
u guys make trading so much more fun and profitable 
I am so lucky to be part of 3OF. 

what a great day for David's portfolio too!

[Tatrader]

I have been an Honors member for sometime.  I followed the guidelines of the contest in submitting my pick.   When I read the rule about number of posts(Rule 4), I took that to mean subscribers who do not have a paid membership.  Those individuals have to have at least 20 posts....Honors members are exempt from number of posts, correct?
I post rarely on threads, just gain data, and move on from there....

Now when I read Rule 4, I am thinking that I had to post at least 20 posts to be legit.  Ramsburg, tell me, I read the rule correctly the first time.  Honors members will not be punished, will they for lack of posts?

TATRADER


Rule #04 – Only Honours Members (subscribers) and Registered members with more than 20 posts published to date are eligible to play this contest.
If you are not yet registered at 3SOF, please do it here (it's free).
If you want to become an Honours Member and subscribe our service click here

[Ramsburg]

I have been an Honors member for sometime.  I followed the guidelines of the contest in submitting my pick.   When I read the rule about number of posts(Rule 4), I took that to mean subscribers who do not have a paid membership.  Those individuals have to have at least 20 posts....Honors members are exempt from number of posts, correct?
I post rarely on threads, just gain data, and move on from there....

Now when I read Rule 4, I am thinking that I had to post at least 20 posts to be legit.  Ramsburg, tell me, I read the rule correctly the first time.  Honors members will not be punished, will they for lack of posts?

TATRADER


Rule #04 – Only Honours Members (subscribers) and Registered members with more than 20 posts published to date are eligible to play this contest.
If you are not yet registered at 3SOF, please do it here (it's free).
If you want to become an Honours Member and subscribe our service click here

Yes
Honours Members don't need to have 20 posts.

[Terliso]

I noticed in the $1000 contest... 3 of the contestants have asterisk right besides their user name, so i guess those 3 are already out of the game...

[Ramsburg]

I noticed in the $1000 contest... 3 of the contestants have asterisk right besides their user name, so i guess those 3 are already out of the game...

Yep, there was a problem with Rule#4 on these players with the (*). I've inserted them on the results table, because they had valid Picks and Texts with reasons behind their Picks... But rules are rules, and they did't have a minimum of 20 posts, so they can't win the first prize even if they win the contest. In case one of them end winning the contest, the Prize goes to the Second Place.

Sorry guys