2016 Bluelake Partners Portfolio Competition
(04 April - 13 May)
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In 2016 Bluelake Partners Portfolio Competition the competitors had the chance to experience life as an equities trader and enjoy the exhilaration of the stock market! With a starting virtual equity balance of $200 000, competitors bought and sold stock on our ASX300 simulator over an intensive 6 weeks.
The 2016 Prize Pool was split as follows:
$2,000 for the winner
$1,000 for 2nd and
$500 for 3rd
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Congratulations to the Grand Prize Winner! |
Kevin Zhang
University of New South Wales
"Thank you to Trading Places for running the competition this year.
I would encourage all students with an interest in the financial markets to register.
The past few months marked an exciting start to the year for lithium companies, as Tesla announced the construction of a lithium-ion battery giga-factory, bolstering demand for the sector.
We saw Australian lithium companies surge over February to May, with small caps such as PLS (ASX) and GXY (ASX) doubling in share price from the start of the year.
We also started off the year with one of the worst months since the financial crisis in 2008, as volatility in the Chinese stock market blew onto the Australian and US markets.
As a result, we also saw investors dampening their view on the Fed's hawkish plans to raise interest rates multiple times this year, which subsequently drove a flight to safe-havens and gold.
I structured my portfolio around these themes, which helped generate the majority of my returns.
Overall, the competition was not too demanding time-wise. I kept the core of my positions throughout the 6 weeks of trading, whilst checking in on my portfolio and the financial news a couple of minutes each day.
As a good opportunity to simulate your own ASX portfolio, I would recommend the competition to students of all backgrounds, regardless of experience in the share market"
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Congratulations to the Top 10 Position Holders |
Rank | Name |
Equity ($) | University |
1 | Kevin Zhang |
274,308 | University of New South Wales |
2 | Bridget Seberry |
271,904 | University of Canberra |
3 | Nixon Phongsivorabout |
255,260 | University of Sydney |
4 | Alasdair Forrest |
254,074 | Monash University |
5 | Greg Clark |
250,587 | Griffith University |
6 | Stephen Lindsay |
250,569 | University of New South Wales |
7 | Jan Philip Kirchner |
250,013 | University of Adelaide |
8 | Ben Wilson |
248,592 | University of Queensland |
9 | Tony Huynh |
247,984 | University of Newcastle |
10 | Timothy Le |
245,588 | University of Sydney |
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TradingPlaces would like to say thank you and congratulations to all competitors for their participation and performance in the 2016 BlueLake Partners Portfolio Competition.
And a big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2014 DCM Bluelake Portfolio Competition
(31 March - 23 May)
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The 2014 Prize Pool was split as follows:
$3,000 for the winner;
$2,000 for 2nd;and
$1,000 for 3rd;
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Congratulations to the Grand Prize Winner! |
Lik Yang Goh
University of Western Australia
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Congratulations to the Top 10 Position Holders |
Rank | Name |
Equity ($) | University |
1 | Lik Yang Goh |
228,671 | Griffith University |
2 | Isabella Fabbri |
221,762 | University of Canberra |
3 | Dylain Cohen |
221,273 | University of New South Wales |
4 | Guy Lemmon |
219,331 | University of New South Wales |
5 | Correy Van Den Broek |
218,405 | University of Tasmania |
6 | Ricky Kumbamong |
217,796 | Griffith University |
7 | Todd Hoy |
217,673 | University of Adelaide |
8 | Charlotte Denniss |
217,189 | University of Western Australia |
9 | Andrew Mabarrack |
216,575 | Australian Catholic University |
10 | Henry Wong |
216,418 | University of Queensland |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2013 DCM Bluelake Portfolio Competition
(25 March - 17 May)
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The 2013 DCM BlueLake Portfolio Competition saw some impressive trading, with the top 29 participants making returns of over 10% on their starting capital of $200,000! The S&P/ASX300 gained almost 4% from 25 March to 17 May and this positive market allowed for some solid profits to be made, with almost $1,000,000 in total earning made in the Competition's final 2 weeks.
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In the end, less than $2,000 separated First and Second Place - Marcus Choy from the University of Western Australia and Rebecca Chow from the University of Adelaide. Congratulations to the top 4 participants, who all made more than $30,000 in profits (a return of 15% on their starting capital)!
The 2013 Prize Pool was split as follows:
$5,000 and a trip to New York for the winner;
$3,000 for 2nd;
$2,000 for 3rd;
$1,000 for 4th;
and $500 for 5th place!
TradingPlaces would like to congratulate everyone who participated, and thank DCM BlueLake, as well as Industry Co-Sponsors Canaccord|BGF and BBY for their support.
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Congratulations to the Grand Prize Winner! |
Marcus Choy
University of Western Australia
"Following the strong performance of the Australian financial sector in early 2013 compared to the volatile global financial markets, I initially constructed a portfolio predominantly featuring bank stocks.
I later shifted my investment focus to penny stocks to create a more high-risk portfolio, in the hopes of attaining high returns in a relatively short timeframe.
This strategy paid off, with the rapid nature of price movements in these stocks allowing quick profits to be made, and freeing up cash flows to enable other investments.
Both Neon Energy (NEN) and Grange Resources (GRR) rose by 22.5% and 33% respectively over a week, giving a massive boost to my total equity as well as ranking on the table.
My position was then secured by my holdings in Macquarie Group (MQG), which increased by a massive 10.9% on the day following the company's announcement of a 17% increase in their 2013 full year profit compared to 2012.
I would like to thank DCM BlueLake and co-sponsors for making this competition possible. It is an excellent simulation of the share market, minus the pressure of investing real money, and is an exceptional educative experience for any student interested in share trading, regardless of their field of study.
The competition structure is one where students of varying levels of marketplace understanding can participate, and I urge anyone interested in the share market to join the 2014 competition and explore the effectiveness of different strategies in trading.
"
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Congratulations to the Top 10 Position Holders |
Rank | Name |
Equity ($) | University |
1 | Marcus Choy |
250,273 | University of Western Australia |
2 | Rebecca Chow |
248,315 | University of Adelaide |
3 | Nicholas Cooke |
234,334 | University of Sydney |
4 | Brandon Phengsavath |
230,255 | Monash University |
5 | Amy McDougall |
227,703 | Griffith University |
6 | Daniel Shnier |
227,193 | University of New South Wales |
7 | Todd Hoy |
227,153 | University of Adelaide |
8 | Ryan Pieszko |
226,050 | University of Queensland |
9 | William White |
225,902 | University of Newcastle |
10 | George Beniac |
225,482 | University of Sydney |
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| Name |
Equity Gained ($) | University |
Week 1 | XUEFANG CHEN |
10,846 | University of Queensland |
Week 2 | Akash Goyal |
16,021 | Macquarie University |
Week 3 | Shui Lung Ma |
17,826 | University of Western Sydney |
Week 4 | Matthew Ho |
9,240 | University of Western Sydney |
Week 5 | Faridz Sazwan Jaafar |
23,433 | University of South Australia |
Week 6 | Marcus Choy |
22,205 | University of Western Australia |
Week 7 | Dennis Mok |
36,670 | University of Sydney |
Week 8 | Hyunmo Kang |
14,884 | Macquarie University |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2012 DCM Bluelake Portfolio Competition
(26 March - 18 May)
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The 2012 DCM BlueLake Portfolio Competition saw some massive profits made, with over 1.5 billion shares traded and a total profit of almost $5.5 million! The first six weeks of the Competition saw a fairly steady market, but participants' skills were tested when the S&P/ASX300 retreated 8% in the final two weeks. Despite an overall loss of 5.5% from 26 March to 18 May, the average profit/loss of the registered 4,402 participants finished in the green at $195.
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The Competition's top participants certainly proved their worth after being neck-and-neck for the first half of the competition, with less than $4,500 on average separating the top 2 players in the first 3 weeks. In the final weeks of the Competition the top 3 distinguished themselves from the pack, finishing with portfolio values of more than $480,000; i.e. making returns of more than 140% on their starting capital of $200,000!
The 2012 Prize Pool was split as follows:
$5,000 + a trip to New York City for the winner;
$3,000 for 2nd;
$2,000 for 3rd;
$1,000 for 4th; and
$500 each for 5th to 10th place winners!
TradingPlaces would like to congratulate everyone who participated, and thank DCM BlueLake, as well as Industry Co-Sponsors Yellow Brick Road Securities, Ord Minnett, Canaccord|BGF and BBY for their support.
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Congratulations to the Grand Prize Winner! |
John McQueen
University of New South Wales
"The competition started off with a bang with the micro cap Platinum Australia Limited (PLA) experiencing a 300% gain in one week - wary of an unsubstantiated rise many of us jumped off at the first sign of weakness giving us a valuable head start at the beginning of the competition. After a few months of relative calm on world markets with US economic data continuing to show signs of recovery, albeit at an anemic pace compared with past post recession recoveries, Europe once again hit the headlines toward the end of the competition throwing the ASX into a downward tailspin. As a traders? competition, often the best position was holding cash, especially with some of the blue chip miners gapping down 2-5% overnight. Many of the smaller cap stocks on the XKO were moving in 10% ranges daily in the last weeks, proving capital to be the only restraint on the number of enticing trades. The most profitable strategy was keeping a close eye on severely beaten up mining and energy stocks and taking a position on capitulation hoping for wild intraday recoveries. A huge bounce from Evolution Mining (EVN) resulting in a near 15% trade on the last day capped off the end to a great competition.
I'd like to the thank DCM BlueLake and Co-Sponsors for providing the competition and platform enabling a great learning experience into equities trading without financial risk. I encourage all others interested to dive into the world of trading during next year's competition and to take a good look at the vast number of quality companies outside of the traditional blue chips
."
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | John McQueen |
630,169 | University of New South Wales |
2 | Joshua Bay |
549,682 | University of New South Wales |
3 | Qichi Han |
484,511 | Macquarie University |
4 | Amrico Hamdjaja |
268,401 | Macquarie University |
5 | Issa Mefaddi |
247,690 | University of Western Australia |
6 | Anthony Lim |
238,135 | Australian National University |
7 | James Lever |
235,315 | Deakin University |
8 | Gavin Crank |
233,342 | University of New South Wales |
9 | Julia Li |
232,658 | University of Western Australia |
10 | Huyen Ngo |
230,664 | University of Canberra |
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| Name |
Equity Gained ($) | University |
Week 1 | Gavin Crank |
66,300 | University of New South Wales |
Week 2 | James Lever |
73,114 | Deakin University |
Week 3 | Jay Gurnani |
24,821 | University of New South Wales |
Week 4 | Marvin Truong |
14,060 | University of New South Wales |
Week 5 | Joel Yang |
24,327 | Australian Catholic University |
Week 6 | Roger Gomes |
13,125 | University of Western Sydney |
Week 7 | John McQueen |
24,570 | University of New South Wales |
Week 8 | Qichi Han |
25,739 | Macquarie University |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2011 DCM Bluelake Portfolio Competition
(28 March - 20 May)
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The 2011 DCM BlueLake Portfolio Competition provided for some exciting trading with 67,610 trades made with a total trade value in excess of $2 billion!
Despite taking place over a difficult period in the market - the S&P/ASX 300 retreating 0.33% from 28 March to 20 May - the average profit of the registered 6,500 participants was a comparatively impressive $549.58.
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It was an extremely close competition this year with our top 4 participants finishing with final portfolio values greater than $230,000, i.e. making returns of at least 15% on their starting capital of $200,000. There was only $1,127 separating our first and second participants, John Bowers of the University of Adelaide and Shuo Yang of the University of New South Wales respectively, with John coming through to take victory in a nail-biting final day of competition!
TradingPlaces would like to congratulate everyone who participated, and thank our sponsors DCM BlueLake and STA Travel for their support.
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Congratulations to the Grand Prize Winner! |
John Bowers
University of Adelaide
"Throughout the competition I traded using a variety of techniques biased to momentum stocks
and the resource sector, based on my assessment of its superior earnings outlook.
I used technical indicators to capitalise on market volatility (the Japanese earthquake and resulting nuclear power station crisis)
by purchasing oversold high-quality single-commodity plays.
An inability to short-sell meant that I held higher cash levels than I may otherwise have chosen, but this actually helped my position during a period of market negativity and uncertainty.
All that being said, there is always an element of corporate luck - particularly in my case when Equinox delivered a brilliant performance after a takeover bid.
Future players should note that the ability to view a competitor's positions can help to hedge out their positions near the finish line - a tactic that helped me post a win on the last trading day.
Finally, I'd like to thank DCM BlueLake for giving me the opportunity to participate in an incredible learning experience.
I encourage anyone who is interested in gaining experience, learning about and testing their skills in trading equities to have a go at TradingPlaces!"
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | John Boweers |
238,433 | University of Adelaide |
2 | Shuo Yang |
237,306 | University of New South Wales |
3 | Ammar Awan |
234,158 | University of New South Wales |
4 | Ryan Fernandes |
233,703 | University of Western Australia |
5 | Ian Goh |
229,427 | University of Melbourne |
6 | Paul Yeo |
228,306 | Deakin University |
7 | Elise Darsow |
227,453 | University of Western Australia |
8 | Abraham Oh |
226,741 | University of Queensland |
9 | Shan Li |
226,099 | University of Adelaide |
10 | Chon Ip Wong |
226,035 | Victoria University |
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| Name |
Equity Gained ($) | University |
Week 1 | Sasha Kaesermann |
33,876 | University of Queensland |
Week 2 | Tao Qian |
15,103 | Australian National University |
Week 3 | Man Tik Law |
6,189 | University of New South Wales |
Week 4 | Benjamin Daley |
17,248 | University of Queensland |
Week 5 | Ammar Awan |
25,091 | University of New South Wales |
Week 6 | Timothy Styles |
11,652 | University of Western Australia |
Week 7 | Brett Lacy |
17,448 | University of Adelaide |
Week 8 | Benjamin moody |
25,195 | University of Western Australia |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2010 J.P. Morgan Portfolio Competition
(22 March - 14 May)
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With over 8800 university students registering from across Australia, the 2010 Competition generated the highest average rate of return in the Competition's history!
The Competition was held for eight weeks from 22 March to 14 May 2010, and saw our top participant make more than a 25% increase on the base virtual equity of $200,000 by buying and selling from the ASX300. With share prices updated continuously, comprehensive stock information and weekly market wraps, the J.P. Morgan Portfolio competition remains the most sophisticated of its kind in the southern hemisphere.
The 2010 Prize Pool of $10,000 was split as follows:
$4,500 for the winner;
$2,000 for 2nd;
$1,500 for 3rd; and
$300 each for 4th to 10th place winners.
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Congratulations to the Grand Prize Winner! |
Nathan Howe
University of Western Australia
"My strategy of creating a very high risk portfolio was achieved by holding a small number
of companies with volatile prices, leveraging significantly and investing in a single industry
to increase the beta of my portfolio. After deciding to focus on the energy sector
I identified a list of potential companies and bought when the share price fell strongly relative
to the market.
I sold after positive news announcements or days of relatively strong performance.
I later shifted my funds to the metals sector just prior to the announcement of the Resource Super Profits Tax.
My portfolio value decreased significantly, however, I continued to buy as prices fell and in the
final days was able to overtake the competition leaders who had converted their positions to cash.
I thank TradingPlaces for providing a fantastic platform for students to explore their interest in
the share market and the opportunity to network with industry professionals."
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | Nathan Howe |
258,249 | University of Western Australia |
2 | Michael Tsouroutis |
248,181 | Monash University |
3 | James Shepherd |
247,912 | Australian National University |
4 | Damon Holmes |
241,259 | Queensland University of Technology |
5 | Jasdeep Jassar |
240,288 | Bond University |
6 | Bhavik Jeena |
239,756 | Macquarie University |
7 | Jonathan Tiang |
236,758 | University of Wollongong |
8 | Dixi Zhu |
235,306 | Macquarie University |
9 | Jason Paul Skinner |
233,299 | University of Western Australia |
10 | Wai Chon Ho |
232,618 | Deakin University |
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| Name |
University |
Week 1 | Shaun Madigan |
University of Queensland |
Week 2 | Caly Yang |
University of Sydney |
Week 3 | Krassen Ratchev |
University of Western Australia |
Week 4 | Kristina Coffey |
University of Technology, Sydney |
Week 5 | Ben Chan |
Macquarie University |
Week 6 | Andrew Simon |
University of Sydney |
Week 7 | Nushrat Khan |
University of Sydney |
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| Name |
Equity Gained ($) | University |
Week 1 | Daniel Rigney |
31,346 | University of Wollongong |
Week 2 | Herman Gorbatovskii |
26,612 | Macquarie University |
Week 3 | Wei Gen Ng |
48,930 | University of Western Australia |
Week 4 | Akil Shajahan |
23,001 | La Trobe University |
Week 5 | Xichen Wang |
21,856 | University of New South Wales |
Week 6 | Madelaine Holt |
7,919 | University of Tasmania |
Week 7 | Jonathan Tiang |
13,957 | University of Wollongong |
Week 8 | Nathan Howe |
47,634 | University of Western Australia |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2009 J.P. Morgan Portfolio Competition
(30 March - 22 May)
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With 8,269 university students registering from across Australia, the 2009 Competition generated both a record-breaking volume of trade and the highest rate of return in the Competition's history!
The Competition was held for eight weeks from 30 March to 22 May 2009, and saw the top participants double a virtual $200,000 by buying and selling from the ASX300. With share prices updated continuosly, daily local and overseas market news feeds from J.P. Morgan and a weekly market wrap,
the 2009 J.P. Morgan Portfolio competition remains the most sophisticated of its kind in the southern hemisphere.
The 2009 Prize Pool of $10,000 was split as follows:
$4,500 for the winner;
$2,000 for 2nd;
$1,500 for 3rd; and
$300 each for 4th to 10th place winners.
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Congratulations to the Grand Prize Winner! |
James Chen
Macquarie University
"During the competition, I relied mainly on tape reading and technical analysis to trade stocks. I was focusing on scalping a few ticks at a time, with an occasional swing trade based on market timing. It was certainly an extraordinary run-up from the March lows; I did not believe the rally could last but traded it anyway - an important lesson: it's fine to have a view, but trade what the market gives you.
Thanks to TradingPlaces and J.P. Morgan for organizing the competition and providing such a wonderful learning opportunity. It's not every decade you get to trade a crash recovery, however brief it may be.
"
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | James Chen |
521,684 | Macquarie University |
2 | Benjamin Watson |
479,171 | Australian National University |
3 | Ben Riley |
473,962 | University of Queensland |
4 | Rui Dong |
449,657 | Monash University |
5 | Samuel Heinrich |
411,093 | University of Queensland |
6 | Nick Pontikinas |
408,438 | University of South Australia |
7 | Duc Thien Nguyen |
392,668 | University of New South Wales |
8 | Peter Maras |
389,548 | University of Sydney |
9 | Ho On Leung |
377,324 | Monash University |
10 | Ying Dou |
370,928 | Australian National University |
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| Name |
University |
Week 1 | Elias Amini |
Macquarie University |
Week 2 | Kayhan Jamshidi |
Monash University |
Week 3 | Tauseef Quazi |
University of New South Wales |
Week 4 | Ling Zhu |
University of New South Wales |
Week 5 | Wayne Wang |
Australian National University |
Week 6 | Daniel Lawrence |
University of New South Wales |
Week 7 | Michael Chau |
University of Melbourne |
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| Name |
Equity Gained ($) | University |
Week 1 | Dicky Winarto |
58,021 | Monash University |
Week 2 | Jia Miao |
21,401 | University of Sydney |
Week 3 | James Chen |
110,022 | Macquarie University |
Week 4 | Jozef Drienko |
40,799 | Australian National University |
Week 5 | Ben Riley |
71,071 | University of Queensland |
Week 6 | Benjamin Watson |
227,710 | Australian National University |
Week 7 | James Chen |
21,856 | Macquarie University |
Week 8 | James Chen |
67,699 | Macquarie University |
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A big thank you to all the student society promoters and staff who helped promote the Competition this year.
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2008 J.P. Morgan Portfolio Competition
(07 April - 30 May)
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The 2008 Competition had 8,989 university students registering from across Australia.
The competition was held for eight weeks from 07 April to 30 May 2008.
With a virtual $200,000 to buy and sell from the ASX300 and share prices updated continuosly,
daily local and overseas market news feeds from J.P. Morgan and a weekly market wrap,
the 2008 J.P. Morgan Portfolio competition remains the most sophisticated of its kind in the southern hemisphere.
In 2008, there was a total prize pool of $22,000. The winners were split with
$7,500 for the winner;
$5,000 for 2nd;
$2,500 for 3rd; and
$1,000 each for 4th to 10th place winners.
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Congratulations to the Grand Prize Winner! |
Ryan Dimes
University of Queensland
"I used company announcements coupled with technical analysis to assist with stock selection. I chose resource companies which appeared economical and had commenced an upward trend. Towards the end of the competition I was motivated to maintain my lead and continued to hedge my portfolio against my competitors' by taking positions in their successful stocks.
Before the competition I had no idea what I really wanted to do career wise. Winning the competition gave me the opportunity to get an insight into the daily operations of J.P. Morgan. This has finally given me a clear directional goal of where I'd like to end up a couple of years from now, the trading floor of a bulge bracket investment bank."
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | Ryan Dimes |
322,983 | University of Queensland |
2 | Danny Jez |
316,248 | University of New South Wales |
3 | Yimei Lin |
308,932 | Adelaide University |
4 | Steven Butler |
305,383 | Adelaide University |
5 | Brett Luscombe |
302,811 | University of Western Sydney |
6 | Greg Burke |
302,335 | University of Queensland |
7 | Zhao Jiongsheng |
298,019 | University of Sydney |
8 | Xichen Wang |
294,598 | University of New South Wales |
9 | Long Nguyen |
293,317 | University of Queensland |
10 | Jason Ho |
289,439 | University of New South Wales |
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| Name |
Equity Gained ($) | University |
Week 1 | Hong Hua Wang |
21,771 | University of New South Wales |
Week 2 | Chris Dinow |
32,224 | Adelaide University |
Week 3 | Alan Kovacs |
50,682 | Adelaide University |
Week 4 | Anita Poulos |
48,619 | University of New South Wales |
Week 5 | Kurtis Alaxander |
36,450 | University of Tasmania |
Week 6 | Agustinus Salim |
46,839 | Macquarie University |
Week 7 | Danny Jez |
40,423 | University of New South Wales |
Week 8 | Bret Luscombe |
47,302 | University of Western Sydney |
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| Name |
University |
Week 1 | Lorraine Hui |
University of Sydney |
Week 2 | Elias Amini |
University of New South Wales |
Week 3 | Navjit Kang |
University of Queensland |
Week 4 | Thomas Donagan |
University of Melbourne |
Week 5 | Christopher Cardell |
University of Queensland |
Week 6 | Longzhen Han |
University of Melbourne |
Week 7 | Andrew Tan |
University of Melbourne |
Week 8 | Graham White |
Macquarie University |
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A big thank you to all the student society promoters and staff that helped promote the Competition this year.
Bonus Sign-up Prizes went to student societies from the following universities:
> University of NSW
> University of Sydney
> University of Melbourne
> Macquarie University
> Adelaide University
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2007 J.P. Morgan Portfolio Competition
(16 April - 08 June)
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The 2007 J.P. Morgan Portfolio Competition saw 6,022 university students registered from across Australia.
The competition was held for eight weeks from 16 April to 8 June 2007.
With virtual $200,000 to buy and sell from the ASX300 and free registration students stood with nothing to loose and everything to gain.
There was a total prize pool of $10,400 consisting of:
$5,000 for the winner;
$2,500 for 2nd;
$1,500 fro 3rd; and
$200 each for 4th to 10th place winners.
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Congratulations to the Grand Prize Winner! |
Gary Ding
Commerce (Actuarial), Australian National University
"I adopted a high risk portfolio as my main trading strategy to outperform the other competitors. As such, I invested most of my money into emerging resource companies. The ASX was experiencing a bull market during the Competition period. Resource stocks and the infrastructure sector saw phenomenal EPS growth, driven by increased global commodity prices and strong domestic economic fundamentals.
As the economy turns into 2008, our market faces an existential threat as a protracted downturn in housing interacts with credit tightening and increasing wholesale funding costs. In my view, defensive stock such as retail or healthcare would be a good place to hide. As the credit market remains cloudy, a question for all the competitors is; 'will a high-risk portfolio bring us abnormal returns in the current market climate?'
Finally, I would like to say thank you to TradingPlaces for providing such a good platform for students to understand the market, good luck to all the 'traders' in 2008 and most importantly, enjoy the game."
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Congratulations to the Top 10 Prize Winners |
Rank | Name |
Equity ($) | University |
1 | Gary Ding |
269,394 | Australian National University |
2 | Jin Ge |
269,014 | University of Sydney |
3 | Edward Jo |
259,210 | University of New South Wales |
4 | Anita Poulos |
255,444 | University of New South Wales |
5 | Sean Fu |
253,047 | University of Technology, Sydney |
6 | Jing Zhu |
249,135 | Bond University |
7 | Jing Lang |
248,962 | University of Sydney |
8 | Daniel Drew |
248,543 | Macquarie University |
9 | Timothy O'Loughlin |
248,393 | University of Wollongong |
10 | Correy Bothamley |
247,935 | University of Sydney |
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Top Weekly Traders |
| Name |
Equity Gained ($) | University |
Week 1 | Keith Almeida |
12,057 | University of New South Wales |
Week 2 | Howard Longmore |
19,020 | University of New South Wales |
Week 3 | Micheal Lee |
27,082 | University of New South Wales |
Week 4 | Xue Linag |
17,910 | University of Sydney |
Week 5 | Christopher Succar |
37,951 | University of Sydney |
Week 6 | Wei Ying Qiu |
12,314 | University of Sydney |
Week 7 | Dhabup Prasai |
34,992 | University of Wollongong |
Week 8 | Simon Vu |
28,543 | University of New South Wales |
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Weekly Quiz Winners |
| Name |
University |
Week 1 | Sian Reece |
University of Queensland |
Week 2 | James Bailey |
University of Western Australia |
Week 3 | Ben MacNevin |
University of Queensland |
Week 4 | Ruwantha Vidanaarachchi |
Melbourne University |
Week 5 | Ian Roxburgh |
Australian National University |
Week 6 | Duane Perera |
Monash University |
Week 7 | James Bailey |
University of Western Australia |
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Thank You |
A big thank you to all the student society promoters and the staff who helped promote the Competition this year.
Sign-up bonus prizes went to student societies from the following universities:
> University of NSW
> University of Melbourne
> University of Queensland
> Adelaide University
> University of Sydney
> University of Woollongong
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2006 J.P. Morgan Portfolio Competition
(14 August - 22 September)
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The 2006 J.P. Morgan Portfolio Competition saw 1,731 university students competing from across Australia.
The competition was held for six weeks from 14 August to 22 September 2006.
Each competitor was given a simulated stock trading account with a virtual $200,000 to buy and sell from the ASX300.
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Congratulations to the Top 10 Prize Winners |
Rank |
Name |
Equity |
University |
1 | Wing Lok Tai |
249,929 | Curtin University |
2 | Stephan Livera |
232,625 | University of New South Wales |
3 | Stephen Vecchio-Ruggeri |
231,307 | University of New South Wales |
4 | Ashley Roberts |
231,162 | Deakin University |
5 | Charley Zheng |
227,846 | University of New South Wales |
6 | Alan Cheng |
223,823 | University of New South Wales |
7 | Yoong Leong |
220,695 | Monash University |
8 | Yong Ke |
219,084 | Adelaide University |
9 | Yun Wang |
218,900 | University of New South Wales |
10 | Kun Fang |
218,365 | University of New South Wales |
Thank You
A big thank you to all the student society promoters and staff who helped promote the Competition this year.