Sunday 27 July 2003

Move on to the next level

Posted on Sunday 27 July 2003. No comments.

BBC Celebdaq logoAs a result of some changes that were made to the Celebdaq exchange, a lot of people appear to have lost the will to play. The vitriol being aired on the Celebdaq message boards (always a good place for tips and lies) confirm this. The fact that I've not written anything on Celebdaq for a while might indicate my feelings on the matter, although things seem to have improved of late. Besides which, I'm lazy.

The formula used to calculate a share's price was made crazy, meaning that you could enjoy massive gains in a short space of time or alternative lose weeks of gains in just a couple of hours. Not much fun, compared to the steady and sure exchange of the past. It does now seem that they've found a much balance, and it's more of a laugh again - but it's much more difficult to make your millions. Not a bad thing.

I am still trying to get to grips with the new trading environment, as the most profitable techniques of the past are now risky rather than pretty safe. One tip, though, comes from this week's winner of the top Celebdaq trader award.

"Let one account run at a poor level for a week and then trade its socks off so the percentage increase will be greatest."

If trying to get to the top of the leaderboard is your thing, this is pretty good advice.

This week's performance:
Victoria Beckham earned

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