Dec 2020
1:57pm, 1 Dec 2020
37,643 posts
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HarkTheHeraldAngels ♫Synge♫
Nudge: 28 of the 30 Hall of Fame places on the Triple your Money badge have gone.
There are 32 traders who have enough value in their portfolio as of now to be able to claim it.
Ready, steady ...
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Dec 2020
3:33pm, 1 Dec 2020
1,832 posts
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Flatlander
I usually run 9 miles on Wednesday mornings so normally I am a safe bet with the Day Traders However.......... this morning I was out at 05:38 and cycled 43 miles for a hospital appointment and a meet up with a friend for a talking walk (or a walking talk ). I can't think why but I am a bit weary now so tomorrow's run may or may not happen, and if it does it may not be as far as 9 miles. Having said that, I am intending to run 9 miles but it depends how I feel when I wake up tomorrow. If any Day Traders decide to buy me, it is at their own risk .
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Dec 2020
3:47pm, 1 Dec 2020
2,737 posts
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TBR (TheBeardRunner)
What's a reasonable timescale to double your money on average?
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Dec 2020
4:03pm, 1 Dec 2020
37,651 posts
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HarkTheHeraldAngels ♫Synge♫
TBR ... it depends!
I'll throw some ideas out there, but YMMV.
A day trader with 1,000 credits could probably make at least 50 a day once they have studied the market. A couple of morning runners with +10 scores, then picking up more points during the day. Say from 1,000 to 2,000 in two or three weeks?
A long-term investor with 1,000 credits would be doing well to find a couple of +100 runners (or equivalent) in a month. It would probably take a couple of months to double their portfolio value.
Starting from a higher base and doubling the score would be different (eg going from 2,000 to 4,000). I don't know whether it would be easier or harder. Although there's more capital to invest, there would come a point where the extra funds are being used on less profitable opportunities as you'd have all the "best" runners in terms of return anyway ...
Alternatively, I guess you could look at the leaders and see when they all started (was it start of October?) and work out how quickly they all doubled and redoubled?
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Dec 2020
4:22pm, 1 Dec 2020
4,973 posts
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jennyh
TBR, I don’t keep a track of my score day to day, but found a screenshot of the leaderboard on my phone which I took on 15th November, when I was on 3099 points and in 17th place. I’m currently 9th on 8401 points.
I think the game reset in early October, but I don’t think I reset straight away (didn’t actively play the old game, so maybe a week after the re-set), and was a bit slow on the uptake to start day trading, which I’ve been doing I think since the beginning of November (becoming gradually more obsessive!)
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Dec 2020
4:24pm, 1 Dec 2020
37,655 posts
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HarkTheHeraldAngels ♫Synge♫
Wow! From 3,000-ish points to well over 8,000 in a fraction over two weeks! Impressive!
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Dec 2020
4:27pm, 1 Dec 2020
301 posts
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Snoel
TBR - To add to the comments above. It depends primarily whether you are daytrading or not. Also whether you are prepared to strip your portfolio down to zero before midnight and put back your runners before they all start running again on the next day. Also where in the month for the RtS runners and weeks like last week where a number of runners were running 100-mile weeks.
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Dec 2020
4:35pm, 1 Dec 2020
15,722 posts
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Autumnleaves
In case it's relevant to anyone - my run tomorrow will be in the evening rather than lunchtime
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Dec 2020
4:36pm, 1 Dec 2020
4,974 posts
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jennyh
Good point Snail - lots of runners doing Centurion last week plus lots of Run the Summers meant lots of good day trading. The last two days have felt a bit quieter in comparison.
And I don’t know about anyone else, but I’m generally a bit rubbish at day trading on the weekend - still haven’t sussed out everyone’s patterns, and if I’m doing a long run on Sunday myself I can guarantee I’ll buy the wrong runners before setting off!
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Dec 2020
4:36pm, 1 Dec 2020
4,975 posts
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jennyh
Synge - thanks - I did say I got a bit obsessive!
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