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Stock Market Game Assignment

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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.
Coming into the is assignment I knew a few things about the stock market such as when it opens and closes,to always buy low and sell high. I knew there was trading fees but this game did not include it into the trades. I had a few stocks in mind that …show more content…

This can help determine whether or not to sell or buy more as the stock might be in the bull market. I made more than a few mistakes because I did not read and analyze the stock more. The first mistake was selling Fitbit too early. The stock I thought would be on the rise because everyone would be buying it for a christmas gift. However during the two weeks that I held it Fitbit dropped quite a bit. Considering I bought 3000 stocks of FIT I was worry. When FIT rose one day I sold it immediately. It turned out that there was a came that FIT was being bought by a chinese company. The stock rose over one dollar which would have made my portfolio …show more content…

I believe that people should invest safely into the market by buying either mutual funds or going to someone that will make sure they can manage a positive grossing portfolio. My problem with the stock market is I like to gamble and this is gambling, I enjoy buying more quantity of stocks instead of diversifying more of my portfolio. During this entire project I picked out incredible stocks. If I just waited to sell the stocks I would have made over 20,000 dollars. However, no one can guess where the market would turn out. The thursday before the assignment was due I was in second place and that afternoon the tech stocks just crash and keep going into

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