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Suggestion re: scoring system



April 06, 2009 – Comments (4)

I made a previous post about the problem with the scoring system encouraging people to keep losing picks open since they attempt to keep their accuracy high.  It generated some useful discussion from some of the top players.

I think that I've come across a fair system for preventing the "gaming" which occurs.

 1 accuracy point should be earned (lost) for each stock that is up (down) by 5% or more.

This is the current system

We should keep this in place and add the following:

- bonus accuracy points for stocks that are up (down) 10%, 25%, 50%, 100%

4 Comments – Post Your Own

#1) On April 07, 2009 at 1:31 AM, RonChapmanJr (30.32) wrote:

with this system accuracy wouldnt be accuracy. 

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#2) On April 07, 2009 at 2:07 AM, speedybure (< 20) wrote: has a great stock simulator , which you set the duration, amount of capital, This would allow everyone to dollar cost average into positions, place heavier weighting on their favorite holdings. It's free so if anyone is interested we should get as many people as possible.

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#3) On April 07, 2009 at 5:11 AM, Bupp (27.99) wrote:

Perhaps then earn points based upon the amount of time during which a pick underperforms/overperforms the sp500.  So if a stock outperforms over a 100 day period it is worth more accuracy points then if it outperforms over a 10 day period.

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#4) On April 07, 2009 at 5:12 AM, Bupp (27.99) wrote:

Or use the volatility of the sp5000 as your metric so you earn 1 accuracy point for each standard deviation by which you exceed the standard deviation of the sp500's expected return.

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