The Trading Game

Scoreboard

Requirements

• To play, you post your stock trading conquests. No need for volumes, just prices and percentages.
• To do well, you have to....
  • Pick at least somewhat decent stocks, ha!
  • Consistently follow the rules.

Rules

• choose stocks that you think will be going up in the near future
• set a reasonable limit buy to snag the stock
• once a stock is bought, immediately take ALL THESE ACTIONS...
  • set a logical order (lowtrades.com) or conditional order (etrade.com)
    • stop sell at 95% of buy
    • limit sell at 105% of buy
  • set an alert at 102% of buy
• wait
• if the alert hits, cancel and recreate the logical order as follows...
  • stop sell at 98.5% of current price - you will always at least break even after the first bump
  • limit sell at 105% of current price
  • set an alert at 102% of current price
• eventually the low or high sell will hit
• pick a new stock and repeat
• IF IT FALLS, LET IT FALL; do NOT be a SUCKER and stupidly rush in to pick it back up!

Winner

Everyone who plays!

TODO Automation Pseudocode

• check out the amazing QuaintLib C++ library and the E*trade API
• user creates an input list of picks and limit buys
• app runs continuously, maintaining portfolio details (stock, initial buy price, current sell bracket)
• loop forever
  • get quotes
  • loop portfolio
    • if quote is within 2 of sell limit, raise limit and stop by 2.5
  • loop picks
    • if pick hits, buy and add to portfolio
  • wait 2-18 minutes