STOCK MARKET GAME
Name: Vy Tran
Period 2
The dates of the stock market game: 10/23/2014
The due date of the assignment: 01/12/2015
The total amount of money you ended with: $4,931.55
Minus any penalties: $1,000.00= $3,931.55
The number of pages: 9 Part 1: Pages 1 and 2: Personal Experience
After playing through the stock market, I have more experience for playing in the future. Over time I have learned to be patience and intelligence in handling the situation. I have been lost several times but that’s okay because I have learned lessons for the next time. I play the stock through the guidance of the teacher or through information technology such as watching television, reading newspapers or magazines. And I also understand this game
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I understand the feeling of playing the stock market on a large. I feel the tension in the arena, two factors need quickly and skillfully. It is the second most important factor in this game. If you are quickly you will have more benefits than when you do it slowly. Ingenious when you are interested in what you have to know when to buy stocks it will increase your sales and when it dropped you buy. You also need patience to wait for the appropriate time when buying or selling should not be in a rush when playing this game. In the last time I have invested in the company Apple, but I did not succeed because I was not agile, dexterous, and not focus on it. If I play again I will focus more on the stock, and also to use the above factors. I bought shares of Apple because when I bought the company Apple is reduced. And wait until it is sold will increase your interest. After searching for information on your network has learned four basic steps to invest in the stock market: the first step is you have to monitor the evolution of the shares of stock to choose which they want to buy , the next step is a simple step is to accept trading means that you only need to contact the broker and the trader, the third step is the most important step of the investment process is to monitor trading when you monitor and evaluate their investment decisions, the final step is the
For my stock game I invested into seven different stocks. The seven stocks I invested in were Microsoft, Boeing, Cisco Systems, the Clorox Company, 3M, Wal-Mart, and US oil. The reason I invested into these stocks was that their value was dropping or it was low so i was trying to make big gains thinking the stock prices would go up a lot. That didn't seem to be the case because i lost almost $2000. The stock that hurt me the most was my US oil stock. I bought 500 shares of it and the stock went down 23.23% so i lost a total of $1,720 on it. When i bought it i had a feeling that the price of oil was going to go up but it did the opposite and went down. Another stock that i lost money off of was Cisco systems. The stock went down 6.53% since i bought it causing me to
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.
Why do anything at all if you're not going to do it right? The same goes for investing. Take the time to learn all about the process. Learn how to evaluate different stocks, diversify your portfolio and take on the right amount of risk. Put in the effort and you'll see the results.
The purpose of participating in the stock market game is to explore the fundamentals of the stock market. It does this by providing a tangible, real-time simulation of the stock market, and how current events affect the DOW. The stock market game also teaches students to make smart decisions and most importantly to be patient.
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.
The first step when partaking in any type of a game is to decide what one’s strategy will be. The strategy that I had to determine was what my investment philosophy was going to be. In this game, my willingness to take risk was greater than it would have been if we would have been using real currency. My risk tolerance would fall between moderate and aggressive.
In oligopoly market, each firm has substantial market power with high degree of interdependence. The key for success in a oligopoly market is to gain more market share than the competitors. Increasing the price can lead to loss of market share to the competitors, so in the oligopoly market, if a firm decreases the price, the other firms will always follow, but if a firm increase the price, the other firms will not follow. The demand curve is kinked.
The stock market game assignment was a new learning experience. The simulation gave us $100,000.00 to buy and sell domestic equities. The guidelines made the game a bit more straightforward by not allowing students to trade certain items. This assignment gave students the opportunity to see how the trading market works. Overall the stock market game assignment was a great way for any student to learn how the market works by having hands on experience with buying and trading their own stocks.
Our task for this project was to play a virtual stock market game on www.marketwatch.com. We had to read market related news and then buy and sell stocks of NASDAQ based on that news. I started playing from the 9th February till the game ended on 21st April. At the end of the game, my ranking was 11th out of 24 players and I had made a profit of $5401.48 at the end. I had actively taken part in this game, playing most days of the week when possible. I have learnt that stock prices do follow a random walk like we learnt from this course and that any new information that affects the stock prices has immediate
There is a sense of complexity today that has led many to believe the individual investor has little chance of competing with professional brokers and investment firms. However, Malkiel states this is a major misconception as he explains in his book “A Random Walk Down Wall Street”. What does a random walk mean? The random walk means in terms of the stock market that, “short term changes in stock prices cannot be predicted”. So how does a rational investor determine which stocks to purchase to maximize returns? Chapter 1 begins by defining and determining the difference in investing and speculating. Investing defined by Malkiel is the method of “purchasing assets to gain profit in the form of reasonably
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.
You can earn more money by investing in bonds, stocks, and mutual funds. I was playing The Stock Market Game with my class at school and learned a lot about choosing different kinds of investments. First, as you choose where to invest your money, you have to be careful not to put all your eggs in one basket. Investing money can be very risky. For example, lets say you invest all your savings in one stock, bond or mutual fund and it’s unsuccessful you could lose all your money. You lose time as well. A good idea is to decide how much money you want to put into each invest. Consider how much risk you can afford to take.
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
Playing the stock market game taught me how to invest through trading with stocks among companies. I believe that it would give me insight in the future when I’m dealing with real-life investments giving me the knowledge of buying, selling, shorting, and covering. Using actual money rather than theoretical money seems quite scary when it’s lost whenever it’s unpredictable where the money will end up. In my opinion, I think that the main purpose of the game is to demonstrate the reality of stocks and how they function. Even though the game was fake, it gave me real worries about the chances that I could have made either losing it or winning it. Although I did not win, it did give the experiences that I need for my daily life. I should instead go with my instincts
As individuals, we make decisions throughout the day weighing the cause and effect, cost and benefit, risk and impact of our actions on ourselves and upon others. When taken to a larger scale, as the manager of a team, the CEO of a corporation, or the leader of a nation, the decisions exponentially increase in impact and importance.