Week 1: Your Most Frequently Asked Questions – Answered!

Key Topic: Managing investments within the challenge’s guidelines. 

• You must invest a minimum of CHF 10,000 in at least 5 different titles.
• You have to have max CHF 500 cash in order to fulfil the activity "Portfolio check"
• If you want to change your portfolio, you can buy and sell stocks during the challenge. However, your portfolio must always have at least one instrument at the end of the challenge.
• It’s important not to exceed the CHF 10,000 investment amount and to ensure you follow the rules, including holding a minimum of 5 positions.
• If dividends are paid out by a stock, those funds can be reinvested into the portfolio. 

Key Topic: How orders are executed and the timing involved. 

• Orders for stocks, ETFs, and funds are executed at the market’s close, meaning the next available market price after the trading day.
• For cryptocurrencies, trades are executed continuously every hour throughout the day.
• Orders may be delayed due to data providers; they typically execute by noon the next day.
• Market timing can be difficult, and in the challenge, we focus on longer-term investment strategies, not on daily trades. 

Key Topic: Managing cash and using the credit limit. 

• Each portfolio has a 10% credit limit, which means you can exceed the cash balance slightly if needed for additional orders.
• A small negative cash balance is allowed to meet the challenge’s requirements 
• However, this should be less than CHF 500 in cash.
• If you accidentally increase your cash, the excess amount will be removed

Key Topic: Risk scoring and performance tracking. 

• Risk scores are calculated based on the volatility of the portfolio, with more volatile portfolios earning higher risk scores over time.
• Your current performance score is indicative and calculated for each day during the challenge.
• Performance points are calculated daily but awarded only on the last day based on the final performance. The best-performing portfolio can receive up to 400 points by the end of the challenge. Please read the rules for more information on the point system.  
• Your portfolio’s risk score may change over time as more data is acquired and volatility increases. 

Key Topic: Adjusting the portfolio and reinvestment options. 

• You are allowed to sell securities and buy new ones throughout the challenge. However, be mindful of the portfolio guidelines.
• Dividends from stocks can be reinvested into the portfolio. 

Key Topic: Limitations on transactions and trading fees. 

• Transactions are executed based on the market's closing prices. There are no real-time transactions like day trading.
• For any discrepancies in the transaction execution, be assured that the trades will be executed with minimal delay.  

Key Topic: Issues and technical challenges within the platform. 

• For issues with tasks, you can contact support by email at [email protected] with your details, including browser or app type. 

Key Topic: Restrictions on derivatives and shorting in the game. 

• Currently, short selling and buying options are not available on the platform. You can find ideas for shorting the market through ETFs. 

Key Topic: Various other inquiries. 

• You cannot directly add commodities (like gold, rhodium, or diamonds) to your portfolio. You can invest in stocks of companies dealing with these commodities or through ETFs.