All you have to do is predict whether it will close up or down the following trading day. The results are calculated on a close to close basis. If the stock closes unchanged, we count that as a win, regardless of whether you predicted up or down -- which increases your chances of winning.
Sherman Oaks, CA (PRWEB) February 26, 2008
TradingMarkets.com has launched Up or Down, a free online game where predicting the direction of stocks can earn contestants more than $14,000 in cash prizes. TradingMarkets is accepting registrations now at http://www.tradingmarkets.com/trading_contests/upordown/ .
Each month, TradingMarkets will give $1,000 to the contestant who makes the most correct predictions. As a bonus prize, the company will give $3,500 to the contestant with the highest percentage of correct predictions in 2008 (a minimum of 50 predictions is needed to qualify).
“Each trading day, we select a stock and display its price chart,” said Editor-in-Chief Ashton Dorkins. “All you have to do is predict whether it will close up or down the following trading day. The results are calculated on a close to close basis. If the stock closes unchanged, we count that as a win, regardless of whether you predicted up or down -- which increases your chances of winning.”
Up or Down will not only be fun and rewarding for its participants, but will also encourage people to consider:
- Is predicting the direction of stocks like tossing a coin, or throwing darts at a newspaper?
- Or, can you have an edge when it comes to predicting whether stocks will close up or down?
Registration is quick and easy. Contestants can start playing any time for their chance to win more than $14,000 in cash prizes by going to http://www.tradingmarkets.com/trading_contests/upordown/register.cfm .
TradingMarkets is the premier financial markets information site for traders and investors. With strategic partnerships with YahooFinance and AOL, TradingMarkets is a leader in providing education, news, tools and research for professional traders and financial institutions throughout the world.
TradingMarkets is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves. Customers should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses.
Past results are not necessarily indicative of future results. Examples presented on these sites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, the publisher, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
For more information on Up or Down, the free online game that allows players to predict the direction of stocks for cash prizes, please visit http://www.tradingmarkets.com/trading_contests/upordown/ or contact:
The Connors Group
213-955-5858 ext. 213
eddiek @ cg3.com
15260 Ventura Blvd. Suite #2200
Sherman Oaks, CA 91403
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