Forecast where the Average Rate for the Linden dollar will be in 1 week (May 25th). No fee to send in a forecast. Forecaster who is the most accurate for the week will win 1000 Linden dollars. For every forecast that is sent in, I will donate 100 Linden dollars of my own funds to Lifestraw (see link). Forecasts must be sent within Second Life to CurrencyOptions Writer before the end of day each Monday (SL time). The previous days Linden dollar Average Rate is published each morning by Linden Labs on their Second Life website (see link).
1 week change in Linden dollar Daily Average Rate as of the week ending:
May 18th: DOWN .45 Linden dollars
May 11th: UP .42 Linden dollars
May 4th: DOWN .38 Linden dollars
April 27th: UP .05 Linden dollars
April 20th:UP .66 Linden dollars
April 13th: Down .89 Linden dollars
April 6th : UP .40 Linden dollars
March 30th : UP .06 Linden dollars
March 23rd : UP .05 Linden dollars
March 16th : DOWN .85 Linden dollars
March 9th : DOWN .35 Linden dollars
March 2nd : NO CHANGE
Feb 24th: DOWN .05 Linden dollars
Feb 17th: DOWN .17 Linden dollars
Feb 10th : DOWN .33 Linden dollars
Feb 3rd : DOWN .05 Linden dollars
Jan 27th : UP .54 Linden dollars
Jan 20th : UP .11 Linden dollars
Jan 13th : Down .17 Linden dollars
Jan 6th : UP 1.1 Linden dollars
Dec 30th : Down .53 Linden dollars
Dec 23rd : DOWN .75 Linden dollars
Dec 16th : DOWN .23 Linden dollars
Dec 9th : UP .34 Linden dollars
Saxo Bank’s Forex Trading Game
CurrencyOptions Writer (my Second Life Avatar) will pay 5,000 Linden dollars to anyone who can beat my personal record of 275 pips in 1 day, using the Saxo Bank portable trading game for the EUR/USD and GPB/USD currency pairs. No loss to you if you can’t beat my record.
No cost to play, and portable trading game HUDs are available free at Saxo Bank Island. Simulated profit and loss using real Forex prices. Saxo Bank pays each trader a daily prize according to the amount of pips profit you make, so if you make 30 pips profit for the day then you receive a prize of 30 Linden dollars.
In Real Life
Stephen Alexander Crandell BA Economics, University of North Carolina-Asheville (’92). Private EUR/USD trader. My experience with short term trading is that it is probably like being “between Scylla and Charybdis”, (two sea monsters in Greek mythology) who lived on opposite sides of a narrow strait: Scylla, with six long necks and heads and mouths that plucked, and Charybdis, with a monstrous mouth that belched out strong whirlpools. Being only within “an arrows range of each other”, you could move away from Scylla only by passing too close to Charybdis and you could move away from Charybdis only by passing too close to Scylla. Trading systems do not adapt to all exigencies. At the crucial points, it is only trained discipline and intuition that will see you through.
I am very happy being a full time “less than 1 hour per trade” trader of the EUR/USD currency pair. I am quietly riveted on watching and trading that currency pair only. I have done a massive amount of research on non-linear forecasting (over the past decade) to reach my current trading comfort zone.