4 ms·
The game should really be named 'The Momentum Trading Game'. Without even knowing the company's price-to-book and p/e ratios, let alone what the company is, it
by ISL 11y ago
The game should really be named 'The Momentum Trading Game'.
Without even knowing the company's price-to-book and p/e ratios, let alone what the company is, its past history, the market it's in, and who runs it, it's just chasing the dance of a number.
Doing nothing, I tend to beat about 20% of the traders. Without the future leak, it'd surely be better than that.
Edit: Just got Enron. Did nothing. Beat half the players.