手动高频快闪交易HFT５周 +800％, 超酷大骗子们击碎CNBC,中途停办炒股大赛

tinyant

团队合作, 手动高频快闪交易HFT５周+ ８００％, 超酷大骗子们击碎CNBC炒股大赛， 大赛中途停办

CNBC Million Dollar Portfolio Challenge - RESET!

Ho. Ly. Crap.

CNBC has announced that due to a "glitch" in the system, they're suspending trading until October 30, at which point all portfolios will reset to $1 million, and trading will resume for the final 5 weeks.  Weekly winners from week 1-5 will keep their vacation prizes, but other than that, we're all back to the starting gate.

In case you missed it, Jam and Mr. Anonymous offered up some secrets of the leaderboard on this site earlier today, revealing what some decried as a shady, borderline-against-the-rules method, which they'd used to post gains as high as 800% over the last 5 weeks.  As I noted in that thread, I don't see the method as cheating, even arguably.  As I understand it, it simply exploits a well-documented simplification in the game mechanics (trades are booked at the last trade price, not the bid or ask price) that CNBC chose to adopt and make known in the official rules.  Unless there's more shadiness to the method than I've been made aware, I don't see why this should have resulted in the suspension of the game.

Then again, it could just be coincidence that this was made public on this forum today and they suspended the game today.

But I tend to doubt it.  At least 3 people from NBC Universal visited this site at least 13 times between 3:00 and 5:15 pm (around the time the announcement was made), usually landing on the previous post, in which the method was discussed.  If any such personnel happen upon this post and care to comment (Was this exploit the so-called "glitch"? Was the method deemed cheating? If so, are those who used it banned? If not, then why the suspension of trading and reset of portfolios?), please feel free, either in the comment thread or via email.

=================================================================================================

tinyant

Total Portfolio Value Equities Currencies
as of 10/21/2011 at 04:00PM EDT
        Rank        Name        City, State / Province        Portfolio Value (USD)
         1         David King        Winter Park, FLORIDA        $10,167,705.49
         2         Trevor Allan        Honolulu, HAWAII        $9,873,250.41
         3         Todd Pavlik        St Louis Park, MINNESOTA        $9,596,844.09
         4         Bernard Burke        Crown Point, INDIANA        $7,528,566.88
         5         ANTHONY LAWLER        CARY, ILLINOIS        $4,933,175.72
         6         daniel hinske        henderson, NEVADA        $4,266,678.31
         7         Sergey Prokopov        Tulsa, OKLAHOMA        $4,176,069.65
         8         Fabien Pichler        Catskill, NEW YORK        $3,700,234.26
         9         Jonathan Griffin        Brickell, FLORIDA        $3,633,163.95
         10         Tracy Stevenson        Home Gardens, CALIFORNIA        $3,607,276.85
         11         Brent Schneider        Elburn, ILLINOIS        $3,499,762.76
         12         darren dietrich        PLANT CITY, FLORIDA        $3,275,578.07
         13         Sonesack Sirichantho        Stratford, CONNECTICUT        $3,240,535.80
         14         Takako Friend        Ewa Beach, HAWAII        $3,110,639.71
         15         Shane Stockdill        Bismarck, NORTH DAKOTA        $3,001,481.67
         16         Tom Henderson        SALT LAKE CITY, UTAH        $2,972,299.85
         17         Yu Zhao        Moorestown, NEW JERSEY        $2,793,916.27
         18         Bert Wilkison        Lombard, ILLINOIS        $2,782,687.72
         19         Scott Newhall        Chicago, ILLINOIS        $2,759,660.37
         20         Andrew Chiang        Belmont, CALIFORNIA        $2,631,628.10

quix

who is yu zhao? niu ren.

benbendan