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Congratulations to the Winners of the Second Annual Barker Trading Competition
Sponsors: Barker Capital Management and Trading Program,
College of Business and Economics.
The second annual Barker Trading Competition featured thirty-four University of Idaho students from three different colleges competing for $1,000 in prize money. Using the Thinkorswim trading software used by the Barker Trading Program, participants managed a $100,000 simulated trading account for two weeks this last April.
Students participating in the competition received training how to use the software to analyze and execute trades, and then they were turned loose to test their strategies against the market. Trading was allowed in Exchange Traded Funds as well as a number of futures contracts.
The competition was intense with three different leaders and nine different traders in the top 5 over the two week term of the competition. Some of the results were astounding, with first place going to Jeff Pittman, a Finance/Accounting double major who managed to turn his $100,000 into $275,070.90, for a 175% return.
Trading was allowed in the following contracts:
- Exchange Traded Funds (ETF's) traded in the spot market
- e-mini S&P500 futures
- e-mini Nasdaq futures
- e-mini Dow futures
- Wheat futures
- Corn futures Soybean futures
2008 COMPETITION RESULTS:
|
Place |
Percent
Return |
Student |
Balance |
Prize |
| 1st |
175% |
Jeff Pittman |
$275,070.90 |
$500 |
| 2nd |
107% |
Travis Lammers |
$207,589.50 |
$300 |
| 3rd |
58% |
Eric Whitney |
$158,117.00 |
$100 |
| 4th |
47% |
Michael Barker |
$147,329.50 |
$75 |
| 5th |
31% |
Tracey Boydston |
$131,546.40 |
$25 |
Questions and Information: For questions or information about the competition or program, contact:
Terry Grieb phone: 885-7140
email: tgrieb@uidaho.edu
Competition Information and 2007 Winners here
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