2015 Club Plans

Hello all members!

Please read the following blog article carefully as this will provide a plan for the club’s activities next year.

Topics: There is clearly an issue as to what we should be studying next year. Some members will be going through the club a second time, while others will be novices. Therefore, we will either split the club into two sections, one of which will be led by a lower officer and one that will be led by me, or we could start learning about more advanced topics and assign the previous meetings as homework.

Trading (President only): We will be discontinuing our paper trading challenge. However, we will probably start a real money trading project, which will involve solely the President. Only certain officers will be able to suggest ideas for the charity project, but this is ONLY for myself. We will be using an aggressive allocation approach, and there is a large chance that the principal will evaporate. If you would like to be involved in this project and make it a two or three person endeavor, email me.

Blogging: Our blogging structure will be definitely changing next year. We will be moving more of the blogs towards myself and Aabhash as Ken helps new members get up to speed. The blogs will now begin turning into videos, like the market blog. Eventually, we might even create a mock television show. Other blogs will continue to be published on the website.

Videos (President only): The videos I mentioned will initially be created by myself only. In the future, if an officer wants to make one, consult my previous blog post introducing videos.

Coding Projects (President only): Next year, I will begin work on some coding projects like financial apps. These are for me only, and will not be on the club website, but on my personal site.

This list will be updated as soon as plans are made.

Thinkorswim Challenge

Hello officers,

You officers will be competing in a paper-money challenge on thinkorswim. Here are the rules:

  • You start with $200,000.
  • You will be trading with ONLY the $100,000 in the margin account.
  • You are allowed to use any method to make money.
  • Quotes and options are delayed. Many features are missing.
  • Do not reset your account without asking me first.
  • You must LEARN about TOS. This will take a few years, DO NOT say that you know everything already. As far as I know, NO ONE other than me has even placed a real trade in a real platform, or even a paper trade.
  • You must use the desktop version at first.

If you are interested in participating, please EMAIL me. I will give you instructions.

Participating in this TOS challenge and all future ones, and learning about the platform and its MANY MANY features are a PREREQUISITE to participating in the real money challenge next year. If you are interested in doing that, email me.

– Michael Trehan

Introducing Video Blogs

Hello members!

You may have noticed that I have published a Video Blog on multiple methods on how to trade the VIX, in addition to a presentation blog with slides from the video. Unusual types of blogs will only be published by the President, Michael Trehan, until further notice.

Here is the protocol which you will be using later for creating a vlog:

  1. Optional: Write about a topic in a normal blog.
  2. Optional: Create a presentation that will be used in the video.
  3. For Mac, use Quicktime Player (built-in) to record. For Windows, see me to record a screencast.
  4. Record either a screencast or a video of yourself, or the latter overlaid in the former.
  5. Edit the multiple raw video files in iMovie (Mac) or Windows Movie Maker (Windows, see me).
  6. Export the finished project to a single file in a common format.
  7. Copy the file onto a flash-drive, and give Michael the drive.
  8. Michael will upload the video to Youtube, and embed the video in the website.

Remember that video blogs are worth extra! They must reflect effort. The reason that you will be unable to publish vlogs initially is because of quality control reasons.

– Michael Trehan

Meeting on Wednesday is Optional

Hello everyone,

The meeting on Wednesday, November 12, will be optional for general members. This one will not be counted, and you can attend if you would like. The officers will be there, and depending on who shows up, we will follow different plans.

– Michael Trehan

Blogging

Hello everyone!

The RHS Finance Club will begin to publish three blogs on a regular basis, and one on a irregular basis. See the Blogging page for more information and instructions if you are an officer.

– Michael Trehan

Communication

Clarification:

If I email you about the club, you should reply back. If you want to email me about the club, use the CLUB EMAIL page, even though this is a hassle. That way I know what is important.

Currently, only my VP can COMMENT on posts using his login. Later, we will see if we can have all the officers able to POST, so we can create a blog for other members (they’ll be coming!).

Challenge

Our first virtual challenge is up!

Note that this is entirely optional, though VERY HIGHLY RECOMMENDED. If you were wondering about a real money challenge, that would be a possible legal issue for me.

However, officers: I was deliberating doing a real-money charity donation thing. Let me know using the club email what you think. (this isn’t a request, DO IT please).

Steps to register for the challenge:

  1. Using the club email, notify me that you are signing up to be part of the challenge. You don’t have to wait for me to reply.
  2. Go to www.wallstreetsurvivor.com on a COMPUTER.
  3. Click sign-up WITH YOUR PERSONAL EMAIL in the top right. (DO NOT USE ROCKLINUSD).
  4. Using the CLUB EMAIL, email me your username and password.
  5. Go to your DASHBOARD (top left, you might already be there)
  6. Scroll down, click on the big My Leagues > heading.
  7. Search for “RHS Finance Club”. You might see others with dates after them, ignore them. If you have trouble, Club email.
  8. Click join private league. Our password is the same as for the protected pages. If you do not know this, CLUB EMAIL.
  9. The way this works is that there are LEAGUES and PORTFOLIOS. You will be both part of a league and have a portfolio. You will want to manage the PORTFOLIO.

Rules:

  1. No trading options/forex/futures/etc. until we get to that section.
  2. Start trading stocks right now.
  3. Your performance is not an indication of your knowledge.
  4. Informed trades only.

Information: (this is subject to change)

  1. You start with a hundred grand, which is not a lot.
  2. You will want to leverage, but wait till we talk about 3x ETF’s and options before using them.
  3. The challenge lasts until August 2015.
  4. Have fun!

Club Rush

DATE EDITED:

Hello Members,

We will be having a table at Club Rush, which I believe is the 23rd. There will be an extended lunch. Officers will be at the table. If there is only one person allowed at the table, then it will be me.

SECRETARY, I need you to print 10 of the brochures found here.

We might have many new members, but I definitely do not want to slow down from our current pace.