724,000.00 Position 6
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 345 20 80000 276,000.00 16,000.00 -260,000.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 276,000.00 Total prof/loss -260,000.00 Team Players: StockBunny TC, Dotel, littlewoman, amberjane, Banked Funds 1,000,000.00 maggiebunton, priscilla, Hilary Team Worth 740,000.00 - 595,000.00 Position 5
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 45 35 900000 405,000.00 315,000.00 -90,000.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 405,000.00 Total prof/loss -90,000.00 Team Players: Fundamentalist TC, Jeffmack, Littlewillie, Hightone Banked Funds 1,000,000.00 Dazzling dave, abbie2u Team Worth 910,000.00 - 1,000,000.00 Position 1
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: Sir Socrates TC, Optomistic, Snoball, Storm caller Banked Funds 1,000,000.00 BigAl, mighty micro Team Worth 1,000,000.00 - 1,000,000.00 Position 2
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: Golddog TC, 8 ball, This-is-me, pappy, Banked Funds 1,000,000.00 Jgp212 Team Worth 1,000,000.00 - 1,000,000.00 Position 3
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: The one and only Banked Funds 1,000,000.00 - The Suave Mr Gausie Team Worth 1,000,000.00 - 1,000,000.00 Position 4
Stock Name Buy @ p Sell @ p Holdings Invested Current value Prof / loss 1 none 0 0 0 0.00 0.00 0.00 2 none 0 0 0 0.00 0.00 0.00 3 none 0 0 0 0.00 0.00 0.00 4 none 0 0 0 0.00 0.00 0.00 5 none 0 0 0 0.00 0.00 0.00 6 none 0 0 0 0.00 0.00 0.00 7 none 0 0 0 0.00 0.00 0.00 8 none 0 0 0 0.00 0.00 0.00 9 none 0 0 0 0.00 0.00 0.00 10 none 0 0 0 0.00 0.00 0.00 Total Invested= 0.00 Total prof/loss 0.00 Team Players: moregas, mick p, hijeff, dickster, moonblue, Banked Funds 1,000,000.00 hedge66, kevinmcm, ps499 Team Worth 1,000,000.00 -

Ssssssssshhh, Jeff. I've already given each of us 4k. I don't want to overdo it and make it obvious.

:-)

Aaaaaah. I've got what you're saying now, little woman. You're talking about your available funds.

The amount available to trade is calculated as your net worth less the total cost of opening your existing trades. If you have an existing open position which is out of the money then this reduces the amount which is available for fresh trades. It's similar to the method employed by operators of margin accounts. That explains why your new BARC trade is less than the proceeds from your KCOM trade.

Likewise, open positions which are in profit generate "margin" to open fresh positions (subject to a maximum of 3 trades as per the game rules)

But the original balance of Barc has not changed. This amount was at a loss which you used against the KCOM money. The loss was caused by an increase in the BARC value but the value shown is still the same.

My brain is telling me that by taking the loss (don't have a problem with that) but leaving the orginal open position exactly the same the loss is still there and therefore has been applied twice.

I think what I'm getting at, is that existing open position has not been adjusted to take into account of the use of the loss against the profit.

I think I could be getting a headache!!!

little woman,

I didn't leave the original open BARC position exactly the same. I reduced it in size by the number of shares that you covered. Your figures are correct.

H,
Can you help with tax returns as well ?

croc,

Two words. The second word is "off". You're at liberty to choose your own first word.

:-)

How about VAT Hil?

Ahhhh, I saw the original cash price has stayed the same, but didn't notice the unit price change...... Funny enough croc & 8 ball tax returns and VAT are things I know at lot about. I think I spend too much time looking a numbers and doing computations and the brain is going gooooooooooooo

GD's Trading Game		Updated 14th April 2003 17:24
Current Leader is	Foale
Players Name	Position	Current Worth
Vasey	18	45,879.68
Socrates	23	41,666.72
andycarr	21	43,320.78
Mr Ashley James	22	42,093.3
Hightone	7	50,307.18
Foale	1	55,190.98
rpaco	19	45,764.55
Croc	10	49,672.74
Ursidae	11	49,568.3
Hilary	14	48,321.2
Jeffmack	4	52,684.39
LittleWoman	15	47,749.06
This_is_me	13	49,072.79
Jeff212	24	36,363.64
Spare	9	50,000
Juzzle	20	45,113.35
8 Ball	17	46,483.71
Gdub	2	54,613.48
Da Bear	6	51,661.37
ps499	8	50,010.33
Slacker	3	53,649.69
GD The Poochy Mutt	16	47,328.52
Littlewillie	12	49,204.32
Jeroo	5	52,132.41

Little woman as your an expert.

I am starting a bit of a side line in the retail trade.
Turnover not expected to be much, what sort of turnover would justify me claiming back VAT.
Thats if I can.

Oh dear! I've plunged.

Hilary,

when you enter the trades in the game, what price do you use as a guide?

Hello Jeroo,

I use the published closing bid and offer. Unfortunately SRTS is only dealt by two jobbers, one on the bid at 4 and the other offering at 7, and I'm afraid that, only being a virtual broker, I'm unable either to place orders on the book or deal within the spread for you.

" as we enter the final few furlongs Hightone is sneaking along the rails he has his team mate within his his sights this Beast has to be produced late with a final great turn of foot as once in front he can somtimes idle"

HT.

That's some spread Jeroo.

Hilary - You are so sweet :)

8 Ball - It's a sickener - it's knocked me well of my perch. Squark. I should have checked that. Ho hum.

Jeroo, She's into discipline so I suggest you beg for forgiveness from Mistress Hilary
D.

8 Ball,

Are you being serious, or just having some fun?

Hmmm. Funny how more people have come forward now Hilary is in charge. Maybe Croc is closer to the truth than I had previously thought. (It's the pictures of those boots, Hil!)

Vasey

Mistress Hil aye, come to mention it I remember myself and Fanta commenting on an Email address of Hils.
Your secrets out Mistress Hil.

Little Woman I was serious for a change, since told it is about 54,000.

8 ball
That E.Mail address did bring certain images to mind