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Congratulations to the Winners of the Official January Contest at HowTheMarketWorks.com


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Congratulations to the top three traders in last month’s official January Contest at How The Market Works. The contest ran from January First through the 31st, with each trader starting with $25,000 virtual trading cash. The trader that earns the most by the end of the month wins. Let’s take a look at the top three traders from January.

Trader Andrew was able to increase his profits by an exciting 44.6% over the month. In December, Trader Dennis came in third place and this month moved up to the number two spot. He increased his gains by a remarkable 163%. But the big winner was Trader Spongey, who came in second place in December’s contest. He booosted his money by an awesome 1,221.1%

Let’s take a closer look at the trades these winners made. Trader Andrew made relatively few trades this month. He traded 3M Company (MMM), BP PLC (BP) and Appell Pete Corp (APPL). In fact, he didn’t start trading until the second week of the month. It just goes to show that you don’t have to start trading on the first of the month to see great returns and secure a top spot.

Meanwhile, Trader Dennis went from third place to second place by trading IntelliPharmaCeutics International Inc (IPCI), Ziopharm Oncology Inc (ZIOP) and Clinical Data Inc (CLDA). His trades also included Hyperdynamics Corporation (HDY), Warner Music Group (WMG) and more. Trader Dennis made many more trades than Trader Andrew this month, but both were able to increase their gains substantially.

As for Trader Spongey, how was he able secure the top spot? Companies traded included Orexigen Theraputics Inc (OREX), Rediff.com India (REDF), Shen Zhou Mining & Resources (SHZ), Rare Element Resources, Ltd (REE) and Local.com Corporation (LOCM). However, most of his trades for the month were for Rediff.com India (REDF).

Thank you to all who participated in January’s contest, visit WallStreetSurvivor.com to view all of the trades from last month’s winners and join February’s official contest. Traders can also join other contests or start their own.



About HowTheMarketWorks.com
HowTheMarketWorks.com is part of the Stock-Trak Inc. family of stock market education and stock market game sites. HowTheMarketWorks.com is the leading provider of stock market simulations, stock market games, and stock trading contests. Our family of virtual trading and stock market education sites (WallStreetSurvivor.com, StockTrak.com, HowTheMarketWorks.com, Sanebull.com, NationalSMS.com, and Investing101.net) helps hundreds of thousands of students and adults each month learn how the stock markets work and become more confident in their investing decisions. Our robust virtual trading platform can also be customized to meet the needs of banks, brokerages, media companies, and other financial websites to enable them to offer their clients a virtual stock trading experience. Stock-Trak Inc was founded in 1990. Our virtual trading platforms and websites have helped over 3,000,000 individuals learn about the markets and practice their trading skills.



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