OCBC Securities Stock Challenge 2008 + Reminiscing the Pre-U Sem.. =]

Joined OCBC Stock Challenge organised by NTU. Its a very good experience. To learn how the stock market works, how to buy/sell stock etc.. Was given $100,000 as starting capital.. I managed to earn $10,000 in Week 1..

U guess how much the current No.1 has earned in 1st week? $1,147,479,530 .. Yeap ppl, dont question ur eyesight, bcoz its not wrong.. The No. 1 earned $1.1billion in 5 days.. =x lol.. So horrible.. =p lol.. The No. 2 only $5,299,050 loh.. (only =p lol..) Dont noe wad the No.1 did! From letter k to m to b! i think nxt week is letter t's turn! =p lol..

Yeap, though i only earned $10,000+, but i am quite happy with it.. coz i put in lots of efforts in it and learnt the following things:

1. 1st experience in dealing with stocks
2. Diversification doesnt help me at all (ehem, only in this competition! =p lol..).
3. Learnt how to sit in front of computer and stare at 5-6 stocks de prices for 3 hours.
4. Kept clicking the mouse to Refresh to get the updated stock prices (oh, my poor mouse! =x).
5. Nv use a laggy internet connection - I waited and stared at one stock price for 15 mins to wait until it went down. When it finally went down, the Buy/Sell window took 10 sec to load up. When it finally loaded up, the price went up again. -.-" I hav to wait for another 15 mins.. =s lol..
6. Dont hold a lossing shares, with the hope that their prices would went up and u could make lots of money out of them.. =x lol.. Juz sell them if u nd to, its okie to suffer losses. =]
   
7. Dont be to greedy, have a deep understanding wad is "见好就收，赢了就跑".. =p lol..

I think the above 7, especially the last 2, are the most prized rewards to me from this experience! =]

Oh yah, i went to the Nanyang Auditorium for the Launch of the event, and guess wad, i realised that it was the venue for the Closing Ceremony of Pre-U Seminar 2005 which i attended last time.. =p lol.. Everything abt the Auditorium was so familiar to me.. I could rmb we took pictures at here and there and here and there and how we posed last time.. =p lol..

Things inside the Auditorium is still the same, but all of us has changed.. Changed to be a better person i mean.. =p lol.. S24 - 20 of us plus 3 facilitors. Hope everything is fine for u all.. =] Ah, when will it be for us to see one another again? =] lol.. (oh yah, that two doc-to-be, Keefe and Angie see each other in sch often, =p lol..) Take care and wish u all well.. =]