My UpDown Virtual Investing Portfolio (AMAG, rated BUY)
Posted on January 01, 2009 at 11:21 AM EST
My UpDown Virtual Investing Portfolio Start earning real money with zero risk while improving your trading skills and strategies at the UpDown Virtual Investing website -- just click on the image above or any of the text links to the site in this article to sign up today. My stats and profile are featured in the accompanying table and on my blog site below the last posted entry. I started trading at the UpDown on 11/23/08 with a gain of 32.5% through today -- my profile name on the site is 'ETFinnovators' with a portfolio of long positions and links to my articles on the following stocks since the site does not currently allow users to view each others portfolios. Altria (MO) AMAG Pharma (AMAG) Apple (AAPL) AspenBio Pharma (APPY) Celgene (CELG) Cypress Bioscience (CYPB) Momenta Pharma (MNTA) UpDown is the ultimate risk/reward trade since it is free and easy to register and users can earn real money at the site in two ways. The first is by beating the market (S&P 500 Index) on a monthly basis and the second is by referring investors. However, the referral system is designed to encourage legitimate referrals by basing the payment on how much the referred person earns on the site. So, if you refer someone who earns $100, you will receive 10% or $10 as a referral bonus. The UpDown is also a social networking site for investors, allowing users to form groups, post stock ideas, and collaborate with other investors. The UpDown allows users to trade frequently and closely resembles real-world trading conditions by placing restrictions on maximum positions based on average trading volume and no position may exceed 20% of a user's portfolio value.