Magic Moo Cow Game - Rules and Play

  1. The game seeks to emulate real trading of the Buy Write strategy using end of day prices for shares and options
  2. The object of the game is simply to teach new investors the strategy in a safe, practical environment and offer them support in their decisions, and add to the confidence of more experienced traders
  3. Players are called Milkers, shares are called Cows and writing calls is milking
  4. Each Milker will start with 100,000 Cash Cow Dollars
  5. Each month up to 12 (usually 5 or 6) Cows will be available to milk – each will be based on a real ASX listed share
  6. Milkers can only choose from those cows. If a Milker wants a particular share to be converted to a Cash Cow and available in the game to milk they can request that of the game administrators who may make it available (although are not required to do so) and if so it will be available to all Milkers for them to include
  7. Cows will be available in the game prior to the 1st of each month
  8. Any cow deleted from the game can be held in a Milker’s portfolio but can no longer be milked
  9. Milkers may choose to milk their cows at any time during the month
  10. All positions must be covered – you must own the cows prior to milking
  11. Positions can be hedged by buying put options
  12. No other strategy is allowed (short selling, option speculation, spreads, etc)
  13. Data will be input into the game after available from the ASX a minimum of 20 minutes after market close and prior to 7pm each night – if this is not possible a notice will be posted in the forum
  14. Milkers will “profit” when capital gain and call premium exceed any costs (brokerage) or capital losses. No actual money will be traded in the game.
  15. Irregularities in game play, data, or outcomes will be corrected by Game Administrators when pointed out to them and their discretion is final
  16. Each month Milkers will be ranked based on profit and contribution to the forum. A milker with the same profit level who has contributed to the forum will be ranked above a milker who has not. A contribution is a post to the forum containing a question, answering question from another milker, or comment, personal view or other. More active forum participants will be ranked higher then less active participants. More recent forum posts will be ranked higher than older forum posts. For a forum post to contribute to rankings it must conform to the Forum Guidelines

Forum Guidelines

Dozens of traders like you rely on Cash Cow Forums when planning their game portfolio.

These guidelines help us ensure that the forum posts we publish are accurate, relevant and fair.

We hope that you will enjoy the information and services available in the Cash Cow Forum and in turn help to make it an even more valuable resource for other investors.

For the enjoyment and protection of all Forum members, we insist that you abide by the rules and policies detailed below. Access to the site is a privilege, not a right, and your continued access is conditional upon your acceptance and compliance with the rules and policies, so read them carefully.

The Cash Cow Forum is largely a self-policing discussion site with a focus on the buy write strategy.
Family-friendly

No profanity, threats, prejudiced comments, hate speech, sexually explicit language or other non-family-friendly content.

You may not use the Forum for the publication of any material that is unlawful, harassing, libellous, invasive of another’s privacy, abusive, threatening, harmful, vulgar, obscene, improper or otherwise objectionable. Instead, be civil in your posts and be respectful of others views, irrespective of how stupid you might consider them to be.

Written by actual traders

Reviews must be based on the trader’s experience, not second-hand information or hearsay (unverified information, rumours or quotations from other sources or the reported opinions/experience of others).

Relevance to other traders

We accept posts for trades that occurred within the last three years.

Please refrain from using personally insulting language, attempting a smear campaign or posting content that is irrelevant and unhelpful to other traders.

The Cash Cow forum is not a forum for general political, ethical or religious opinions, discussion or commentary.

Questions or comments directed to external parties are not allowed.

Questions or comments directed to or about Freeman Fox staff or other related members will not be posted.

Questions or comments not related to shares, options, or the buy write strategy will not be posted.

Unique and independent

Posts should contain only original content and no quoted material from other sources.
E-mail addresses and contact information are not allowed in posts, nor is promotional material of any kind. We reserve the right to reject any URL for any reason.

Submitted for appropriate content

Your posts must relate to shares, options or other listed securities that meet our listing criteria.

No Personal Advice

The Cash Cow is a Game and provides only General Advice. Cash Cow shares opinions and views but does not give personal advice. Participants should take care not to give securities advice to others even in an imaginary or third party context.

The information contained in the website is general advice only. Unless otherwise stated the website is not designed for the purpose of providing personal financial or investment advice. Any examples presented are for illustration purposes only. Past performance is not a reliable indicator of future performance.

The information provided does not take into account your particular investment objectives, financial situation or investment needs. Without limiting the generality of the above paragraph no person, persons or organization should invest monies or take action on the reliance of the material contained in this website, but instead should satisfy themselves independently (whether by expert advice or otherwise) of the appropriateness of any such action. Unless otherwise stated the information on this website is not a recommendation to invest in any investments, securities or financial products. Whilst all care has been taken in compiling information in the Cash Cow website and is provided in good faith, it is not to be relied on as a substitute for professional advice.

The views expressed in articles, forum posts or commentary are not necessarily those of Cash Cow and Cash Cow accepts no responsibility for the accuracy, completeness or timeliness of the information.

Age requirement

All forum participants must be over the age of 18.

Moderation

Our Site Administrators and Moderators can and will take appropriate action (at their sole discretion) with respect to violation of our terms of use, including but not limited to the removal of post(s) and the termination of membership. In all likelihood, if you’re honest, sincere and civil with your posts, you will never have to worry about the Forum Administrators or Moderators.

While the administrators and moderators will do their best to keep objectionable material off this forum, it is impossible for them to review every message before they are posted. Hence all messages express the view of the author and neither the owners of the site, the developers of the forum software, the forum administrators, nor the forum moderators will be held responsible for the content, accuracy or reliability of any message, and make no warranties, express or implied, as to the content of messages or any other materials in the Forum.

No Promotion, Spam or Soliciting

Use the Forum for the publication of spam, explicit commercial advertising, or of material intended to solicit a person to buy or sell services, to invest in a specific enterprise, or to make donations. However, there may not always be a clear line between sharing information on investment opportunities and using the forum as a place to simply market products and services. If you think that your post might be interpreted as spam, don’t post it.

Furthermore, self-promotion should be by way of deeds not ads. Members should make their own assessment of what industry professionals have to offer based on the utility of their contributions to the forum, not the size of their signatures. Blatant soliciting through the forum will not be tolerated.

Validation

You must not provide untrue or incorrect information about yourself during the Forum registration.

Valid e-mail and standard e-mail etiquette

The e-mail address associated with your account must be correct. We may need to contact you if there is a problem with your account or post, so no fake e-mail addresses, please.

Please follow standard etiquette when writing your posts. Do not use ALL CAPS, excessive typographic symbols, HTML tags or slang.

No redress

By registering, you are agreeing to be bound by all the terms and conditions outlined below. If you find any of these rules unacceptable, or any future changes to these rules unacceptable, your only remedy is to cease using the Forum. No refund of membership fees will be issued.

Copyright

You may not use the Forum in any way that may infringe the intellectual property rights, copyrights or other rights of another. For example, you may not copy and paste a press release into a post on the Forum without the explicit permission of the copyright owner. Instead, refer to the article with a URL reference and/or quote a brief extract, giving due credit to the author and the source.
Upon posting messages to the Forum, you must agree to that material becoming the property of Cash Cow (a non-exclusive, worldwide, royalty free, perpetual, non-revocable license under your copyrights or other intellectual property rights) to ensure that the material will continue to be displayed on the Forum. You must also agree to Cash Cow authorising the downloading and printing of such material by end users for their personal use. As this is a public Forum with respect to read access, messages posted to it should be considered publications in the public arena.

And finally…

Cash Cow reserves the right to remove a post or response at any time for any reason without explanation.

Cash Cow relies on third parties to provide part of the functionality of the site including the ASX and Freeman Fox.

We do not warrant the accuracy of the information provided to us by them or by us to them.

The ASX and other 3rd parties are in no way associated with Cash Cow and vica versa. No party is authorized to act on behalf ofExcela or Cash Cow.

If you notice other members violating the Terms of Use, you are welcome to notify Cash Cow or any of the Forum administrators or moderators through the Forum’s personal message service.

The reviews posted on Cash Cow are individual and highly subjective opinions. The opinions expressed in reviews are those of forum members and not of Cash Cow, Excela or Peter Spann. We do not endorse any of the opinions expressed by participants.

By violating any of the rules or terms and conditions of the Cash Cow Site, Game or Forum you subject yourself to possible suspension and/or termination from the Forum. No refund will be issued for termination due to termination in this manner.

Important note on personal information - We think it’s great if you enjoy someone’s contributions and want to get in touch or ask someone a specific question. If you wish to contact a forum member directly, you may use Private Messaging. Cash Cow does not release anyone’s personal contact information.