competing for the top prize, and the winning team ended up seeing portfolio gains of 427 percent,” said McAdoo. “Last year, we had 327 schools in 49 states across the U.S. Individual prizes include iPads, Amazon gift cards, up to $3,500 deposited into a TD Ameritrade brokerage account, and up to $30,000 for the school or university that team is associated with. At the conclusion of the competition, an additional prize will be awarded to the three teams with the highest percentage gains in their portfolios overall and to their respective schools. Prizes will be awarded weekly to the team with the highest percentage gain in the aggregate value of their portfolio. “The Challenge is unique in that it gives students a hands-on approach to managing money in the markets, with no true risk involved.” “The thinkorswim Challenge was created to help educate and build confidence in future generations of investors,” said Lee McAdoo, managing director of investor education at TD Ameritrade. ![]() Over the course of these four weeks, you and your team will manage one virtual portfolio and will do so by placing qualifying paper trades during each trading week. The four-week competition kicks off on Monday, October 8, 2018, and runs through Saturday, November 3, 2018. Statistics and Probability Textbook Solutions.
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