The Beginning Of Stock Market 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 purpose of the Stock Market Game in Economics class was to make money through an online Stock Market simulation. The simulation mimicked the real market and allowed the class to learn how to be wise when investing money. This included researching stocks, purchasing stocks, and possibly selling stocks with the intention of making the most money.

The stock I chose was Macy’s Inc., since during the month of July they were doing great and each stock was worth $24.20, highest it’s been for the past 3 months. While having to look at the changes on the stock for almost a month, I noticed that the price per stock was lowered each day after I chose to “buy” part of the stocks. The lows aren’t too low while the highs were always above 1%.

Over the past ten weeks a group of students and I participated in the Wisconsin Stock Market Simulation. We started with one hundred thousand dollars to invest over the course of ten weeks. It was our job to determine the stocks we purchased, the amount that we spent, and the strategy to use to approach the stock market.

I chose three other stocks one is Volkswagen. I chose Volkswagen because it sells my favorite car the VW beetle and the VW van. Volkswagen has all the cute cars, in my opinion. Volkswagen is my favorite car place, I will most likely get my first car there. That’s why I chose to invest in Volkswagen. I chose Google because I am always using it even now (I am typing on google drive). Also I have my email on Google accounts and I have created websites on Google sites. Google is the best site in my opinion to search on. Also Google was making a lot of money at the time and Google is the second most money making stock I invested in. The other stock that I chose to invest in is Microsoft. I chose Microsoft because it was making a lot

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

This is a common occurrence to me, but had added incentive to check more often to see what stocks were becoming more popular and which ones were decreasing in value. It also was valuable to check which companies have good futures and have a good quarterly earning reports. Many of my choices were based upon the information given to me by these websites, but by the time I went to buy them, they had already risen tremendously in price. For example, Facebook was up by a tremendous amount of money, probably around $2.00 more than when I saw it previously, opposed to when I went to buy it, but has been costing me more money, which is why I plan on selling the stock. Overall, I tried to research my data and make calculated decisions about which stocks I wanted to

The first stock that surprisingly exceeded my expectations was team. After the second week started, Instead of investing in knowledgeable and consistent stocks I decided to alter my strategy of continuing to invest in consistent stocks but also investing in stocks that people high up on the market watch leaderboard were investing in. At the time, I was very hesitant about investing in risky stocks because prior to investing in team I had just lost approximately $18,000 from a stock called ATV. However after much consideration I made the decision to invest in Team at $28.15 and ended up selling it at $29.97. This drastic change in value was caused by a new software release called “bit bucket”, which allows people to Collaborate on code and build and ship

The stock game was the hardest game I have ever played in. With so many things on the line such as grades, competition, and making money, I have made lots of mistakes on the way but also learned a lot of good lessons about investing and business. During the explanation before the game started, I thought it was really easy to buy, sell, short and cover stocks. However, when reality was set, there were so many choices to make from what company to buy, how much to buy, and determine the right time to sell or buy the stock. I lost about 300 dollars from my 10,000 dollars portfolio. That

Over the course of the month, Apple's stocks have done poorly. On April 19, I bought

The first one is SCS which is steelcase. They are the leading manufacturer of furniture for offices, hospitals, and classrooms. The purchase price was $19.12. Then I sold it at a selling price of $14.64. The cause of decline is from the release of the third quarter results for earnings. They did not do very well releasing a negative connotation for them, most likely causing stockholders to invest there. The worst performing stock was ATV is Acorn International, a marketing and branding company. The purchase price was $16 for 100 shares. I later sold it at a sell price of $10.8. I lost $4.2 per share. The stocks have been declining since I sold when it was at -3.27. They have a bad future debt rating and government ratings, regulations, and future tech problems cause a decline in the number of

When my team began the Stock Market Game we were very cautious about purchasing stocks. We did not want to purchase a lot in one stock in case it failed. However, we began buying more stocks. Eventually, we got up to 100, which still was not quite enough. Nonetheless, if the stock had lost money we would not have taken a huge loss. After finally accepting the fact that we needed to purchase more of each stock; we decided to invest in Microsoft.

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

On the 8th October of 2014, Mr. Moore has given me and everyone that have him for Economic an assignment in which we have to compete with everyone in that period, period 5 for me, by trading stocks in order to gain money to contest and win the game and the prize for the winner is to not write a 10 pages essay if he gain more than 25% and have a 10% boot to his/her grade, for the second person in that period’s lit, he/she will have a 5% boot and also the same in the essay. And the game end in the 19th December of 2014,I have lost the contest by not gaining but losing the money in which 26.6% of $5,000 that i have in my account when i started, so my punishment for losing is to writing a 10 pages essay that follow the teacher’s expectation. Now about the experience that i have throught the game is that stock is not normal, it is always changing, and sometimes it changes in a big amount that you can gain a big amount of money in an instant but of course you can lose all of your money and also make your account goes negative. Stock market is like gambling, you don’t know if you can win or not, look like u win but turn out u lost all the money or it goes the other way. When the game ends, I end up losing 26.6% of $5,000 that I have because i didn’t understand the concept of the game that much like others who made profits. One of my biggest trades that I made was the buy of CZR company with 289 shares with an amount of $15.71 each, because I saw that It started to going up but I

The stocks we picked are all that we know about, which we think has the potential to grow in the future. We had Nokia, Apple, Google, At&T, Cisco, Intel for Tech stock, and we had RDS, ETP, Duke, for energy, and Wells Fargo&co and Coca-Cola for consumer goods and services. There are some particular stocks that we’d like to talk about: I, Lijing Lu, actually believe that Nokia is going to perform well in two month when I first started trading because its release of Lumia 920. After its presentation and new conference in Oct, it confirms my belief, and that’s why I bought a great portion of Nokia. However, it didn’t perform well as I expected it to in the next 2 weeks. We were afraid that people lose faith in Nokia even with the help of Microsoft’s generous “donation”. On Nov. 6th, we saw that Nokia was picking up, and that’s when I decided to buy back Nokia again. Though