Essay On Online Stock Trading

In the beginning, there was no real stock market. However stock exchanges did take place in smaller groups and corporations. This all took place during the 1700's where stocks were already around for a long time before that but it wasn't really popular in the United States. Stocks originally started as auctions where traders called out names of companies and the shares available. There was a auction that took place and the shares went to the highest bidders.

The stock market has always intrigued me and I have since been eager to learn more about it. Starting back in January of this year, I ordered three textbooks on stock trading to become more informed on the subject. After reading these books, I gained further insight on stock trading which led me to open my own brokerage account where I could buy and sell stocks. I started by playing a stock simulation which was very similar in concept to StockTrak, a program we used in this class. I found that this helped provide me with a hands on experience which helped familiarize me with stock trading and learning how to manage and use my money efficiently. I continued to play this simulation for about two months and during this time my portfolio grew about 4%, which provided me a confidence boost and motivated me to invest in my real money into the stock market. In March of 2015, I officially began trading in the stock market and I continued to learn along the way. As of now, I have roughly nine months of stock trading experience. As stated previously, I have always had in interest in the stock market, but I never acted upon it until as recently as earlier this year. My interest in the stock market was peaked because I enjoy taking risks and the stock market

In order to succeed in any business, it is extremely important to understand the stock market. In this assignment we were asked to follow the stock market continuously for four months and understand the market. The stock market is a global marketplace, where goods and services are traded in the form of equities.

There are many different ways to save money and there are different things to save for. A savings plan for an immediate want is apparently different than a savings strategy for retirement. One may choose to select stocks, bonds, or mutual funds for a savings strategy, however, my personal choice is to invest in bonds first, then mutual funds.

Monday, September 10, 2012, I started Stock-Trak, an online portfolio game. Stock- Trak allowed me to gain hands on experience testing different investment strategies in a risk-free, yet realistic environment. From September 10 to November 16, 2012, I took part in one such simulation by managing an online Stock-Trak portfolio. I was given an initial amount of $100,000 pretend cash with which to invest. All monetary decisions were at my discretion. This paper discusses my trading experience , my portfolio’s performance, the strategies used during the simulation, what I learned in the process, and how I will implement the knowledge gained from the simulation in future investments.

With the stock market being one of the most difficult trades to learn, it remains noteworthy to come across someone who knows how to trade stocks. This remains attributed to the fact that stocks involve a lot of speculative information. However, the benefits remain fruitful for the people willing to engage in such high-risk investing. With that being said, Igor Cornelsen remains a prominent figure in the investment community. Moreover, Igor possesses years of expertise and has demonstrated his "know how" of trading stocks.

For the month of December, I was given an assignment consisting of $100,000 and four stocks to invest in. My four stocks were The Ralph Lauren Corp., Visa Inc., Master card Inc. and The Chevron Corp. As stated I was given a month to record my data and I ended up with a total capital gain of $5,518.36 for the one month period for my investments. I have to thank you Mr. Acker, this project was not difficult, but it did confuse me. Receiving this assignment scared me in a way, because I didn’t know what I was getting into. The finance world is scary and tricky, one minute the market is doing good and other days it would be low. While calculating my capital gains or losses I thought I would lose a larger

The stock broker profession is predicted to grow in the next 10 years. In the Occupational Outlook Handbook by the Bureau of Labor Statistics they report and predict statistics for many occupations. The Bureau of Labor statistics reports that in 2024 there will be 32,500 new jobs (“Occupational Outlook Handbook”). It is clear that there will be growth in this field. This means that acquiring a job as a stockbroker will be easier than it has in the previous years.

Once you register at the above site, you will receive a password and you will have a brokerage account with $100,000 in fictitious money. You will use these funds to trade stocks and mutual funds for the period of time specified by your instructor. Your instructor will provide you with the details regarding the trading dates and other requirements.

On May 17, 1792 24 stock brokers signed the Buttonwood Agreement on Wall Street in New York City under a Buttonwood tree. The agreement formed a centralized exchange that eliminated the need for auctioneers. It also set up rules for the trading of public bonds that were used to pay for the American Revolution. In 1817, a formal organization was setup and named the New York Stock Exchange & Board. In 1863 it was renamed the New York Stock Exchange and in 1903 it moved to its present headquarters at 18 Broad Street.

It can fairly be said that an Investor considering an investment decision (whether to purchase, sell or hold stock) in publicly traded company acts on the basis of extensive information which is available by corporation to him until the last moment of his investing decision and try to determine the fair price of corporate stock. In the light of continuous creation of a particular impression of corporate affairs by the corporation, new information by corporate can vanish the importance of previous available information to investor. In the scenario only one kind of investors can get advantage over others, who is either very close to corporate operation (corporate officers) or can access nonpublic price-sensitive information to corporation

Over the past semester in Economics I have invested in and monitored the stock market. I learned how investing in certain companies can be risky and proper research about the companies are detrimental before buying stocks. Three stocks that have influenced most of my financial earnings and losses include Twitter, Amazon, and Pepsi.

     The New York Stock Exchange traces its origin back 200 years. Centuries of growth and innovation the NYSE remains the world’s foremost securities marketplace. Over the years its commitment to investors has been unwavering and its persistent application of the latest technology has allowed it to maintain a level of market quality and service that is unparalleled. The NYSE has grown to become the global marketplace of today.

This intention of this project is to simulate a stock exchange environment for  users to learn the basics of stock exchange. This learning process can be simple, stress free, and enjoyable in a gaming environment.  This environment allows players to hone their skills through competition with other players using virtual money to  buy and sell stocks based on a real stock market. Each player can to formulate their own strategy and assess their performance through our user-friendly, web based stock exchange simulator.  Through experience, players will gain confidence in their investing abilities using a variety of stock exchange techniques, which have been implemented in our software.  We hope to make the difficult task of learning to invest in a high risk, stock exchange market an enjoyable experience.

The student was instructed to create a portfolio in a website called How the Market Works; when he created the profile he joined the contest GEB 1011. Starting with $50,000 and he had to invest in the stock market. The objective of this contest was to learn How the Market Works and learn skills at investing.