I am generally not a fan of stock trading games or contests. However, I do like the Motley Fool’s CAPS. I have gotten a few successful short pick ideas from the game, and I have learned of some great stocks from a long perspective as well. In fact, I found Tecumseh (TECUA) on CAPS and was about to buy it before it shot up 50% in one day as it was upgraded and it sold some assets.
CAPS is a good way to try out a new way of picking stocks or a way to find out what others think about stocks you like (dislike). CAPS players are rated on the quality of their picks, and not surprisingly, I am highly rated. In fact, I am currently rated #53 out of 33,000 people on CAPS. Not bad, eh? See me on CAPS.