Stock Trading Game

For example I immediately bought Disney, Apple, and, Amazon before anything else, due to the success I knew each of these companies have had in the past. After running out of companies I knew had stock on the exchange, I started doing research on stocks I might want to purchase. This was especially necessary for mutual funds, which prior to starting the stock market game I had very little to no knowledge about. I found that in the long run, the stocks that I had the most success with were stocks that I had had some previous exposure to. Amazon especially was a great success.

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 the beginning of the stock market game I bought only stocks in only 5 different companies, those companies were all companies that I was familiar with. The five companies were Apple, American Eagle, Costco, Disney and Hershey. I bought Apple stock because who doesn’t think of Apple when they think of big companies with a lot of money.

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

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.

First thing I would change would be to find more information. Throughout the game I made quick decisions without really doing any reseraching. If I saw that the company was down I often quickly invested, which in some cases really helped, but in more cases it really hurt me financially. The second thing that I would do differently would be to not invest most of my money in one company. The very first day of the stock game I invested $93,000 dollars into one company. Although I ended up making money on that investment, there were many times that I lost money from my “all in” method.

During the middle of the simulation My stocks were doing incredible. All of them were up! Which made me want to cash out but I decided to test my luck and see if they go up even more. Resulting in me losing money later in the simulation. My abbvie shares went up to 143.82($12 increase), my Panera shares went up to 251.26($3

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.

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

After I real-ized this trial and error tactic was not only tedious, but ineffective I eventually researched com-panies before investing seeing as the stock market game operated in real time (current with actual stocks and trades). While playing the stock market game a mistake I made was not keeping up with what my classmates (other investor competition) were invested in until the final weeks lead-ing to the conclusion of the simulation. After realizing this fault I began checking daily on the top players in the game to see what stocks and trades they had, as a result this taught me to sell my stocks that were not performing well and invest in companies that I have never thought of (some examples include Netflix, Amazon, Hulu, Nintendo, Disney, etc.). This by far was one of the most useful tactics that I developed, sadly late into the game and as a result, I missed out on a lot of potential profit. Throughout the semester, my trading tactics varied and ranged from some being randomized to other’s being researched and calculated, as an example, sometimes I would simply look around my room and invest in brand names I had around me, other times I would go online to look at the current booming stocks at the

Most stocks trading at below $5.00 are treated as penny stocks. But sometimes this is not the case as most commonly heard of cheap penny stocks are well under .50 cents or even sub penny prices. Penny stocks can be determined by the lower the trading price of the security is the closer chance it is of being a penny stock. Cheap penny stocks are traded on the over the counter bulletin board, or Pink Sheet market. A Market cap is the value of each stock multiplied by the number of stocks which are owned by the public. This gives the trading value of the entire company. If this number is low, then it is likely to

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.

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.

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

It was a dull gloomy day in Hong Kong and I was lying down on my bed, watching CNBC as usual. I had a huge passion for the stock market. I had lost my job a few years ago when another company bought the company I was working at. I was wondering how it would feel like to work again. As I was dreaming about working for a big, famous company, I heard the reporter talk about a company that was going to go public soon.