Each link will take you to a seperate page where you can get a sneak peek of how we plan to operate a trading day. Now don't worry if it sounds a bit complicated once you start trading it will begin to make sense.
We've tried to account for trading glitches however we won't really know how well things will go until the frenzy starts. So if you have any questions post it here and we'll get an answer to you as quickly as we can.
** Trading will start within 24 hours after the tenth follower has registered. In the meantime check out the instructions and get your calculators warmed up!
A market is the combined behavior of thousands of people responding to information, misinformation and whim.
Kenneth Chang
Posts
why the ten followers minimum? can't this work with the four you have?
ReplyDeletewaiting to trade,
ReplyDeleteGood question. We think that 10 is the minimum amount of traders needed to create the type of volume and variety of transactions that would really test the system.
We figure anyone who was willing to follow this blog is committed to the concept and would be make a better trader and appreciate the dynamics of trading against friends and rivals. The last thing we wanted drive-by traders who would disrupt the market.
Above all we won't force the start of the live trading aspect at the expense of securing good traders. We would rather delay the start for a month or two and have a group of knowledgeable and committed traders than open early to chaos.