HowTheMarketWorks.com June Contest Winners
Congratulations to the top three traders in last month’s official June Contest at HowTheMarketWorks.com. The contest ran from June First through the 30th. The winners had a great month; all of them were able to increase their gains by at least 150%. Each trader started with $25,000 virtual trading cash. The trader that earns the most by the end of the month wins.
Trader Bradford ended the month with an impressive 156.2% gain. Just ahead of him was Trader Paul in second place, who increased his trading cash by 168.5%. The trader to finish in the top spot was Trader Dennis, who finished in third place last month. He increased his pot by an astounding 202.3%!
So, which stocks did these traders focus on? Trader Bradford made only 40 trades this month. Companies traded included RIT Technologies Ltd (RITT), Motricity Inc (MOTR), E-Commerce Chia DangDang, Inc. (DANG), Jiayuan.com International Ltd. (DATE) and Spectrum Pharmaceuticals, Inc (SPPI).
Meanwhile, Trader Paul attained the number two spot by trading Spreadtrum Communications, Inc. (SPRD), Barnes and Noble, Inc (BKS), Harbin ELectroic, Inc. (HRBN), Achillion Pharmaceuticals (ACHN), and HealthStream, Inc. (HSTM). In total, Paul made over eighty trades.
In the pole position came Trader Dennis, jumping up from last month’s third place. He made over 200 trades this month and earned $30.22 interest. His companies included RIT Technologies Ltd (RITT), Coffee Holding Co., Inc. (JVA), Hollysys Automation Technologies Ltd (HOLI), L&L Energy, Inc. (LLEN), and General Motors (GM).
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