Shares and MoneyAM are proud to announce the launch of CHAMPION INVESTOR a revolutionary live share dealing game which gives you the chance to test your skills against other investors throughout the country and win major cash prizes. It's absolutely FREE TO ENTER. Registering is simple. And what's more, you can join the game at any time you choose! To get started just REGISTER NOW!

akel,

If it is 3 times the normal NMS then you cannot do this - you can only buy/sell up to 3 times the NMS on any stock.

Ian

Ian,
BGY is not showing up for buy or sell.
Alan

Alan,

I will take a look,

Ian

Alan,

I was just able to access BGY for a trade, can you try again please?

Ian

Yep,
Working now.
Thanks Ian.
Alan

Ian - trying to buy 75000 shares in CHP and getting message - invalid deal size

It also says MAX deal size is 75,000 wheras MIN deal size is 145,986 - ie greater than the max - help please

bhunt1910 - I will get karl to take a look,

Ian

Baza,
I had that with my opening trades to validate my account. Buy shares you can buy to validate then the min deal size will drop to below the max.
Happened on a few penny shares I was trying to get.
alan

Bet you wish it had not started at all Ian :-))

If you want to buy lots of stock in a small NMS you have to buy
the max allowed, wait 1 minute then buy the same amount again
paying comissions on each deal, problem is when you need to sell
quick you wont have time on your side, just like it is for real.

bhunt1910,

Alan is correct. You mustvalidate your account with 2 positions (long or short) with trades that are worth over 10,000 and less than 50,000. If the stock you are looking at has a low NMS then it can not be used to validate the account if the value is less than 10,000.

Once the account is valid, the minimum trade rules do not apply. The NMS rules apply at all times.

Good luck,

Karl

Have just sent email as many especially AIM have a smaller max. than min. therefore not possible to trade!

WOW. I was right on somethign!!!!
Does that get me a bonus 50k to trade in the game? Please? I'll still lose anyway!!
Alan

Ah! Karl that may well explain why!

Thanks Alan

Ladies and Gents,

For players that have played the game before, there have been a few changes to the rules.

Please have a look at the new rules:
Champion Investor FAQ's and Champion Ivestor Rules

In brief:

To validate your account you must open 2 positions, long or short, in 2 different stocks with a minimum value of 10,000 and a maximum value of 50,000. Once your account is valid these restrictions do not apply.

You cannot at any time trade more than the Normal Market Size of any stock that is listed in the game. The Normal Market Size is show on the trade ticket.

Hope that helps,

Karl.

now i'm confused Karl !

Can i or can i not buy a stock for max then a few minutes later
buy some more thus paying dealing costs on each trade as you
would do with a online account ?

mackem,

essentially, you can buy up to NMS and then a few minutes later buy more if you want, but as you say, you will have to pay the dealing costs and it may take you a little while to close the position as you will have to sell seperately,

Ian

haviing played the game before, albeit badly, how do I re enter now? I can't rememer my details from before and I am not allowed to reregister with another name:-(...Any help most appreciated.

Jules,

I will E mail you with your account details,

Ian

thanks Ian