r/StockMarket Stock Picking Challenge for the Week of (9/12 - 9/16) now OPEN for Picks!

As promised 2 weekends ago, here we are with our 2nd ever weekly stock picking contest here at r/StockMarket! :)

PLEASE READ THESE RULES THOROUGHLY BEFORE POSTING UP YOUR PICKS!

If you want to be eligible to participate in this week's contest here is what you need to do (REQUIRED!):

• 1.) Post 2 tickers (ex. AAPL = Apple) but YOU MUST pick 2 not just 1 or else I will not add you to our list of contestants!
• 2.) Choose either Long or Short for each ticker (Obviously LONG - if you think it will go up ... or SHORT - if you think it will go down this week...)
• 3.) Both of your picks MUST each be at least $2 at the very minimum!

Contest Rules (READ THESE AND FOLLOW THEM!):

• 1.) No OTC or Foreign companies.
• 2.) No Options, Futures, Forex, stuff like that... Equities ONLY!
• 3.) If you don't post both the ticker AND the direction (LONG/SHORT) you won't be added to the list of contestants for this week's stock picking challenge!
• 4.) You cannot duplicate someone's exact play! For example- If someone picks AAPL - Long and BAC - Long first then you can only pick AAPL - Short and BAC - Long or AAPL - Long and BAC - Short<-- you may only duplicate 1 pick but not BOTH! This is a first come, first serve basis here.
• 5.) Picks absolutely MUST be posted in here before the 9:30AM eastern cash market open on Monday morning!
• 6.) You are only allowed 1 leveraged ETF. If you choose two, the second of the two does not count and is still up for grabs. If incorrect picks go un-noticed, you risk your position being forfeited! (These are the 2x/3x ETF's)
• 7.) Optional - You may post a rationale (either technical or fundamental) for your picks, but it is not mandatory.
• 8.) Please DO NOT EDIT your picks!! If you absolutely must choose another pick, please use a separate post and state that you are changing your original pick to something else!

I will post up the live contest spreadsheet a little after the market closes on Monday with everyone's picks, this will include the opening prices, current prices, P&L, and ROI for each of your picks, as well as an overall average ROI between 2 of your picks, and that will be what we will use to total up both of your 2 picks!

If you guys have any questions please let me know...

Oh and since we're doing this on Reddit, no one will be able to close out their picks during the trading week... Everyone's picks will close the same day and same time on Friday!

Good luck to everyone in here! Let's see who can deliver the 2 best picks for this week! GO!!

Also, for anyone looking around for our past contest thread & results here they are...

• r/StockMarket Stock Picking Challenge for the week of (8/29 - 9/2)

• Congratulations to this week's r/StockMarket Stock Picking Contest WINNER -- bigbear0083! (:-p)

Hope to see another great show of participation in here once again this week! :)

Submitted September 10, 2016 at 02:04PM by bigbear0083 http://ift.tt/2cm5pPO