What would you do in this situation?

Quote from NoDoji:

Evelyn would.


(That's especially for nutmeg) :D
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my attention span has gone down remarkably the older I get. If you can't say it in a few words, I have probably already heard it.
 
Quote from strawzombie:


For arguments sake, if it did show up in real-life, I'd probably still be able to keep my earnings because I'm not violating any terms of service with the "virtual broker" here. For example, if Amazon accidentally misplaced a decimal point on a product and accepted my order & payment, I think they would still be legally required to ship the product to me at a loss. So I think in a real-life trading situation, the broker would have to absorb all the losses incurred from their platform malfunction.
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Amazon would likely apologize for their error and refund your money. They are allowed to make mistakes and they don't have to eat the loss. Good luck getting a broker to absorb losses as a result of their platform malfunction. Your agreement with them has disclaimers up the ying yang.
 
Quote from oldtime:
my attention span has gone down remarkably the older I get. If you can't say it in a few words, I have probably already heard it.
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Please go away, you silly old man. :mad:

You don't see me trolling your threads, so why should I have to put up with your insults on mine?

I prefer to make few but detailed posts on most forums. And my post count rarely goes above 100. So what? Nothing wrong with that.

It's not my fault/problem that you are too lazy or senile to read it all. If it's too much for you to handle, then why not just ignore it and not say anything at all? Why bring everyone down to your level?

Jeez, I don't know why this made me so mad. :confused: :p :D

Thanks for wasting my time on this with your value-less negativity. I hope I never ever become as cynical as you are at your age. Peace.
 
are you playing http://www.chartgame.com?

i know someone who made zillions percent of return. so i guess they also found the loophole of the system.

one loophole is that if you open the source code, every price, time data are already in the source code.

Quote from strawzombie:

This really isn't a big deal and isn't keeping me up at night, but it's a weird situation I've found myself in and I'm actually curious what other people here think I should do.

I'm playing a stock trading game for my college accounting class and after about 2 weeks of trading almost every day I found an anomaly in the trading simulator we are all using. (I don't want to say what or where it is, because the simulator is web-based and is accessible to the public.)

Basically, because of this anomaly I'm predictably able to make more money than anyone else. And no one else seems to have any idea that this particular anomaly exists.

The game is about 1 month in with 1 more month to go, and I'm currently up about $20,000 on a $100,000 virtual account. Everyone else is either losing between $1,000-$10,000 or making less than $1,000.

Except for the instructor, none of the players can see anyone else's trades.

Some people are asking me how I'm doing it, and I'm just shrugging my shoulders and saying "just lucky I guess".

So my question is, what should I do?

Should I come clean right away and tell everyone I found a loophole?

Should I wait until the end of the contest to come clean?

Should I take it to my grave, haha?

One benefit that came about from playing this game and finding this loophole is that I *love* day trading now and next want to paper trade with real-time stock data where I can't possibly cheat. (Probably using Ninja Trader + a Kinetick subscription) So if I never found the loophole in the first place I probably never would have had the motivation to study the markets a few hours each day like I'm doing now. (making money, even if its play money, is fun!)

Basically, part of me wants to come clean and tell everyone that my $20,000 profits in the game is not from true skill at all.

Another part of me wants to have some fun with it, where maybe I'll drop my account down to say $50,000 and have everyone else laugh at me for a few weeks, only to bring my account back up during the last week and win the game. (Where I'll come clean after the contest is over.)

Another part of me wants to see how I can get other people to love trading as much as I do now. And I think if I come clean now, other people will just become bitter and will think that the only way to make real money is to cheat and will just give up altogether.

So what would you do in this situation?
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Why does this thread have one star? I understand if people want to give a et newb like me 1 star because I'm an ass and new, but the op has a great question and is an honest student. :mad:

Mike
 
Quote from strawzombie:

This really isn't a big deal and isn't keeping me up at night, but it's a weird situation I've found myself in and I'm actually curious what other people here think I should do.

I'm playing a stock trading game for my college accounting class and after about 2 weeks of trading almost every day I found an anomaly in the trading simulator we are all using. (I don't want to say what or where it is, because the simulator is web-based and is accessible to the public.)

Basically, because of this anomaly I'm predictably able to make more money than anyone else. And no one else seems to have any idea that this particular anomaly exists.

The game is about 1 month in with 1 more month to go, and I'm currently up about $20,000 on a $100,000 virtual account. Everyone else is either losing between $1,000-$10,000 or making less than $1,000.

Except for the instructor, none of the players can see anyone else's trades.

Some people are asking me how I'm doing it, and I'm just shrugging my shoulders and saying "just lucky I guess".

So my question is, what should I do?

Should I come clean right away and tell everyone I found a loophole?

Should I wait until the end of the contest to come clean?

Should I take it to my grave, haha?

One benefit that came about from playing this game and finding this loophole is that I *love* day trading now and next want to paper trade with real-time stock data where I can't possibly cheat. (Probably using Ninja Trader + a Kinetick subscription) So if I never found the loophole in the first place I probably never would have had the motivation to study the markets a few hours each day like I'm doing now. (making money, even if its play money, is fun!)

Basically, part of me wants to come clean and tell everyone that my $20,000 profits in the game is not from true skill at all.

Another part of me wants to have some fun with it, where maybe I'll drop my account down to say $50,000 and have everyone else laugh at me for a few weeks, only to bring my account back up during the last week and win the game. (Where I'll come clean after the contest is over.)

Another part of me wants to see how I can get other people to love trading as much as I do now. And I think if I come clean now, other people will just become bitter and will think that the only way to make real money is to cheat and will just give up altogether.

So what would you do in this situation?
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The most important is never to forget that you had luck with this game and when you open live account, be humble to the market. I think you see this very correctly, but one can forget it quickly.

Besides I agree with some people in the forum, win the game!
 
Quote from Humpy:

That moral dilemma has been around for ever.
Whether or not you want to screw your peers and get rich or remain a peer, because there will be consequences if you are caught out.

Examine yourself and see if you are a natural born cheat and how much so imho.

Where will it be - The Hamptons with a guilty conscience or The Bronx , with no dosh ?

Think on it, 'cos it will set you on that path for life, probably.
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In what part of this is he screwing over his peers?
 
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