gamesguy2
Honoured Member
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« on: May 11, 2010, 11:08:42 am » |
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It's a free trading game using data from the real world stock market, you play with monopoly money, but everything else is the same as the real world. A few people from another forum and a couple of guys I know are playing it, some of us are also trading with real money. It's actually pretty fun, especially in this time of volatility and economic recovery. You can put in as much or as little effort as you'd like. Some people just sit there and collect interest, while others make a large amount of intra-day trades. We just started a new round if anybody's interested in joining. http://vse.marketwatch.com/Game/Homepage.aspxHere's the quick guide: Register on the website with your screen name Join the game via this link http://vse.marketwatch.com/Game/StartViewGame.aspx?id=Scrapheap2010The password is "clamdong" You start with $100,000 Look up the ticker for stocks and ETFs here: http://www.google.com/financeBuild a portfolio and share your advice or disasters. You have three months, game starts on may 5th and ends on August 5th. Market orders have a 15 minute execution delay. |
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« Last Edit: May 11, 2010, 11:21:42 am by gamesguy2 »
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Computer991
Donator
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« Reply #1 on: May 11, 2010, 11:13:40 am » |
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I'm in :X sounds complicated.
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CafeMilani
Aloha
Posts: 2994
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« Reply #2 on: May 11, 2010, 12:16:11 pm » |
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so how do i buy stocks?
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« Last Edit: May 11, 2010, 12:23:53 pm by aloha622 »
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gamesguy2
Honoured Member
Posts: 2238
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« Reply #3 on: May 11, 2010, 12:26:02 pm » |
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Join a game, then click on the "make a trade" button on the top left.
Market opens between 9:30 - 16:00 EST.
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Lai
Propaganda Minister
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« Reply #4 on: May 11, 2010, 12:30:42 pm » |
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Who's considered the strongest in the world at this game?
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gamesguy2
Honoured Member
Posts: 2238
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« Reply #5 on: May 11, 2010, 12:33:45 pm » |
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Who's considered the strongest in the world at this game?
This guy.  |
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Lai
Propaganda Minister
Posts: 3060
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« Reply #6 on: May 11, 2010, 12:35:11 pm » |
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It's only the american markets? No swedish market?
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CafeMilani
Aloha
Posts: 2994
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« Reply #7 on: May 11, 2010, 12:38:10 pm » |
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i guess so =(
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| CrazyWR
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« Reply #8 on: May 11, 2010, 01:51:30 pm » |
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should be able to trade in the Greek market tbh
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1. New tactics? it's like JAWS, first one in the water dies
RCA-land where shells fall like raindrops and the Captain is an invincible god
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| badmorning01
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« Reply #9 on: May 11, 2010, 02:52:03 pm » |
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Signed up, made some uninformed investments. Trading hours suck a little, but it looks pretty exciting. Always wanted to see how it works.
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BIG MOTHERFUCKER
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gamesguy2
Honoured Member
Posts: 2238
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« Reply #10 on: May 11, 2010, 04:50:10 pm » |
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should be able to trade in the Greek market tbh
You can, almost all major national companies trade on the NYSE/Nasdaq. For example, the National Bank of Greece (NBG). They were trading at around 8 dollars in october of last year. It is now at $3. |
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brn4meplz
Misinformation Officer
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« Reply #11 on: May 11, 2010, 08:06:02 pm » |
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I did something identicle to this in Grade 10. we started with 10K cash each I ended the exercise with over $400K in profits and my teacher told me I cheated. (still not sure how, either way me and her were oil and water and she took a disability leave the following year.)
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He thinks Tactics is a breath mint Wow I think that was the nicest thing brn ever posted!  the pussy of a prostitute is not tight enough for destroy a condom  |
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wildsolus
Donator
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« Reply #12 on: May 11, 2010, 08:25:33 pm » |
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did it in middle school, i put like all the money in Harley.... it was winter when I did it. ended with almost no money
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CafeMilani
Aloha
Posts: 2994
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« Reply #13 on: May 12, 2010, 12:55:42 am » |
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haha
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CafeMilani
Aloha
Posts: 2994
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« Reply #14 on: May 12, 2010, 01:00:12 am » |
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ZUMWALT should sell his stocks asap tbh. Endeavour Silver Corp. is rated quite badly.
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CafeMilani
Aloha
Posts: 2994
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« Reply #15 on: May 12, 2010, 07:27:41 am » |
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the stock exchange will open in 1 hour right?
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gamesguy2
Honoured Member
Posts: 2238
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« Reply #16 on: May 12, 2010, 07:35:10 am » |
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Just opened.
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CafeMilani
Aloha
Posts: 2994
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« Reply #17 on: May 12, 2010, 07:46:07 am » |
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god damn time zones
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CafeMilani
Aloha
Posts: 2994
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« Reply #18 on: May 12, 2010, 08:05:59 am » |
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what does 'Sell Short' and 'Buy to Cover' mean?
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| badmorning01
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« Reply #19 on: May 12, 2010, 08:16:27 am » |
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When you sell short you sell stocks don't you don't own. You effectively 'borrow' them from someone who owns them. When the price of those shares drops, you 'buy to cover', or effectively pay for what you sold at the new price.
Example; you short sell 1 BA share for $5 hoping it will drop. An hour later it's worth $3, at which point you pay for that 1 BA share at the current price (not at $5 you were short selling it for)and get $2 of the difference for yourself.
I think that's how it work, anyway. I'm not sure.
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