Test Your Market Timing Skills
Ever had aspirations to be a technical trader? Do you have clients who day trade on the side? Check out Inspectd.com, which is a little investor quiz that shows you a historical stock chart, and lets you guess whether the stock rose or fell. You start with $100,000 and it tracks your gains and proceeds as you time different stocks, without letting you know what the stocks are.
Granted, this is just a toy and it is missing many pieces of information that a trader would have access to, like technical indicators, knowledge of how the stock has historically correlated to indexes, etc. But it’s really fun. After about 25 trades, I managed to turn my $100,000 into $155,016:
Ok. Back to work.
Bill Ramsay said,
March 19, 2008 at 11:23 am
hmm, seems a little fishy. I went 6 for 6, up to $206,617. We did a little game like this at a trade show once. Anyone that did OK thought they were smart, when in fact there was not enough information to make a reliable judgement.