SIGN UP NOW!       ACCOUNT LOGIN       MY SCORES       ENTER SCORECARD  

 COMPETITIVE GOLF ASSOCIATION $19.99 BLOG
WHAT IF YOU COULD TRADE PGA PLAYERS LIKE STOCKS?

Sunday May 24th 2009 - 10:56 AM EST
Added by: John Caynor

What an interesting concept. I dabble around a little in the stock market. I enjoy the challenge and the adrenaline of making a successful trade. My current interest is technical analysis. I enjoy reading the charts and applying my strategy related tools. Most analysts will tell you the buy and hold strategy of yesterday is no more. So, I wondered what it I could combine my love of golf with trading?

Similar to a stock, what if we could pick a player every week? Whatever the player wins that week, would be increased value in your PGA trading portfolio. If the player does not make the cut, you would lose money in your portfolio. The next week, you can keep the same player or trade for another. Your objective each week is to choose the player who will make the most money that week.

Without trading players, most people would choose Tiger Woods at the beginning of the year and use the buy and hold strategy. Yeah, the one that most analysts say does not work as well any more. For example there have been 19 tournaments this year and the top five golfers on the money list per million dollars won:

Phil Mickelson 3.2
Geoff Ogilvy 3.1
Zach Johnson 3.1
Sean O'Hair 2.9
Kenny Perry 2.7

If you were trading these players, this would not include a loss when they missed the cut. In a perfect world, if you picked the player who won the tournament every week, your PGA trading portfolio would have a value of $21,786,000. That is a big difference. Can you see the challenge of analyzing each week of choosing the correct player?

 



Add Comment.. Return to Blog



Comment by: Jay
Tuesday July 21st 2009 - 15:10 PM EST

Or, what if you considered the tournament times, the trading times? Say Round 2 is from 11:00am to 3:00pm, that's considered the 'exchange' trading times. And the players on the field are your tradable commodities, and you day-trade them.

bid on a player being under/even par for a hole
offer on a player being even/over par for a hole

spread two players, bid the one being under/even, sell another being even/over!




Comment by: John
Tuesday July 21st 2009 - 15:50 PM EST

Thats a great way of breaking it down even further. I like your idea of the exchange. You can also have each country represent an exchange.






 









ADVERTISE


Web Site Definition & WebUpdate3 Site Management Coding © Internet Marketing & Design
All website content © Competitive Golf Association $19.99