It's been a busy first quarter in the Halftime Report's portfolio competition. Since the beginning of the year—when each trader was given a hypothetical $100,000 to invest — more than 200 trades have been made.
As the market-experts vie for the top spot, one trader has already made a figurative fortune. Jim Lebenthal's portfolio is up 14 percent, securing the coveted first place slot for him at the end of the first quarter.
Selling at the right time is one of the things Lebenthal's focusing on this year. He noted that since he is a value investor, his positions generally do well in the long term, but not necessarily the short term. So he is making a conscious effort to "get out of [stocks] quickly in this game," he said. "That's different from being a long-term investor."