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

OK, so I'm attempting to give this one more whirl on our sub to see if there is any interest at all from the community here.

I do this at another community that I'm apart of, and these contests are not only highly successful but also quite competitive in that the more folks who participate and post picks the more competitive these contests get!

This contest is kinda similar to what /u/ghostofgbt was asking the other day only it's different as /u/ghostofgbt was asking for everyone to post tickers that you wanted him to analyze in a video that he would be delivering for you guys (which BTW, awesome stuff there Chris!!)

Here I'm asking for you guys to post tickers in which you believe will perform the best this week...

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

• 1.) Post 2 tickers (ex. AAPL = Apple) but pick 2 not just 1...
• 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 minimum!

Contest Rules (READ THESE AND FOLLOW THEM!):

• 1.) No OTC or Foreign companies.
• 2.) No Options, Futures, Forex, stuff like that... ONLY Equities!
• 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! Either of them! For example- If someone picks AAPL - Long first then you can only pick AAPL - Short (if it has not already been taken yet!) First come, first serve.
• 5.) Picks MUST be posted in here before the 9:30AM eastern cash market open tomorrow!
• 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 spreadsheet after the market close tomorrow 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 your 2 picks!

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

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

I think running this contest on /r/StockMarket has the potential to be very successful ... so please don't shy away or feel reluctant in any way to post up some picks in here that you think can do very well!

Let's see what you guys all got for stock picks this week! May the best picker win! lol

Good luck to everyone! Let's see who can deliver the 2 best picks this week!! :)

Submitted August 28, 2016 at 03:25PM by bigbear0083 http://ift.tt/2bS5GdD