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Graduate of the Mentor Program, Malcolm Bish, Beat 10,000 Other Traders to Win the ASX Sharemarket Competition

Announcement posted by Trading Game Pty Ltd 24 Jul 2014

Verified - Malcolm turned $50,000 into $63,913 in just 3 months.

Melbourne, 19th June 2014 

Malcolm Bish, a part-time trader and business owner, is the new winner of the ASX Sharemarket Game. Achieving a return of 28% in 3 months proves that a trader from home can out-perform industry fund managers. Over the same period, the All Ordinaries was up only 5.36%. 

After completing the Trading Game Mentor Program in 2012, Malcolm competed against 10,000 other traders to take out this prime position. At a time when the markets have been volatile, and trading isn’t straight forward, let’s put Malcolm’s win into perspective. In the ASX Sharemarket Game that saw Malcolm take out the number one position, only 55% of players finished in profit and the average portfolio valued at $49,827 by the end of the game. 

In an interview with Malcolm, we asked him the reason why he won whereas so many traders didn’t even come out as being profitable. He stated: “There are two reasons why I won the competition. Firstly, I really, really wanted to win. Secondly, the support of Louise Bedford and Chris Tate, who run the Mentor Program at www.tradinggame.com.au was instrumental. Not only did they give me their trading system which is what I used to win the competition, but they also helped me maintain the focus I needed”. 

He goes on to say: “The Mentor Program has been an invaluable educational tool that has allowed me to develop my own written trading plan. This is essential to a trader. Writing down your entry, exit and position sizing so you can easily follow your plan during times of pressure is something that all successful traders do. The Mentor Program’s cost is minor compared to what you can make out of the markets.” 

To hear Malcolm’s insider trading tactics, click here.

 

The Trading Game Mentor Program is a 6 month, repeat-for-free course that has been running continuously since the year 2000. It teaches traders how to trade every instrument, over every time frame, with the support of veteran traders and best-selling authors Louise Bedford and Chris Tate