TheStreet.com's Beat the Street 2.0 has recently wrapped up its first week and announced the winner of its first weekly $2,500 prize -- it's Forexgenius.

However, in the rough and tumble world of fantasy trading, this trader has already been knocked from his perch -- and then some. The new leader is wakeboarder, who's tallied up a big sum after a big day on Wednesday. This trader's at $427,395.

Well behind him is Forexgenius at $338,032. In third place is sniper120 at $292,311.

However, players in this game often move up and down quickly, and there's still time for you take a

stab at the action

and be eligible for a $150,000 grand prize and $2,500 weekly prizes.

In "Beat the Street," players start with $100,000 of fictional money that they use to buy and sell stocks throughout the trading day. The contest runs for two months.

Want some tips on how to play a fantasy stock picking game?

Click here

to read this article by James Altucher, who gives some names that could rocket this week, and some strategies on playing the game.