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MarketWatch Stock Game

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by pitsingeraj 26/4/2013, 2:40 pm

Snow wrote:
[ADMIN] Tiggy wrote:I changed to a different platform on Tuesday, they gave me £50,000 to practice with. I just thought I would take this opportunity to point out that I am better than all of you combined:

MarketWatch Stock Game - Page 2 Untitled-64_zps99fe4c7b

Such a shame it's not real money. I would have made more in 4 days than a lot of people make in a year Sad

Can't see why u'd not stay in the game we're all playing, other than maybe you know we'd woop you eventually. Peace.

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Isen 26/4/2013, 2:52 pm

This reminds me of the old sportsim family. They had the virtual stock market, as well as games tied to the stock market based on sports teams. Oh, how the 90's were soooo good to us on our 14.4k modems. I've tried several times to register, trying a different email now, not going to my spam folders either.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by pitsingeraj 26/4/2013, 3:10 pm

We need a martketwatch discussion thread.. lol

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Goldie 26/4/2013, 4:18 pm

Well, Ive tried selling my stocks with limits, and it's not working? The price clearly says. xyz, and I've got my limit set to exactly that.

-- Any ideas?

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by pitsingeraj 26/4/2013, 7:03 pm

Alright, I see 8 of you guys have stocks in apple. You'll be delightfully surprised when you log back in.

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 30/4/2013, 4:12 pm

I wanna know who Jon Roy is lol.

Enjoying having more people playing with us, thanks guys Very Happy

pitsingeraj wrote:We need a martketwatch discussion thread.. lol

This is it!

Goldie wrote:Well, Ive tried selling my stocks with limits, and it's not working? The price clearly says. xyz, and I've got my limit set to exactly that.

-- Any ideas?

If you put a limit, it means that's the price you require it to be sold for, or above/below depending on whether you are buying or selling.

Edited this in:

WTF is stop loss, limit, and selling short?:

Selling Short: Betting against the stock. You make money as it falls. It's just reverse investing, but carries more risk. You stand to lose an unlimited amount of money, as opposed to only losing a stocks value. Also, generally, markets rise over time. If you are a habitual shorter, you will lose money in the long run most likely.

Stop-Loss: A stop-loss is used to "stop your losses." If a stock is falling too much that you've bought, your stop loss can save you if you are not there at your computer to see it happen. Let's say you've invested in AAPL at $450 a share. AAPL is a fairly volatile stock, so you want to allow for some movement, so you might set a stop-loss @ 440, or 445. This means, if the stock falls below the stop loss, it will be sold. The theory behind stop loss is that you utilize support levels and resistance levels. The theory of those is that, if a stock passes the level, it will continue going in that direction until the next support or resistance level.

Limit: This is like what you do when you set an item for sell or buy in the GE. You are saying, I will purchase/sell this stock for THIS price. If you are buying, with a limit, it means you will buy for that price or lower. If you are selling with a limit, then you will sell for that price or higher. Shorting obviously flips this.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Wutz 30/4/2013, 6:13 pm

Rank 3 now Wink 20k more and ill beat Snow ;D
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by schoeee 30/4/2013, 6:33 pm

I think I've broke the entire thing, I can't do this lmfao!
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 2/5/2013, 1:16 am

dat market today eh?

Funny, cuz aint no one braggin today hahaha, thread gets silent Razz
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Diciing 3/5/2013, 1:59 pm

I'm Billyjoblo makinthefknbankson, if people need my secrets be sure to holla at a brother.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Curve 3/5/2013, 2:00 pm

Diciing wrote:I'm Billyjoblo makinthefknbankson, if people need my secrets be sure to holla at a brother.

teach me to grind a dollar or two
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 3/5/2013, 3:08 pm

Looks like Kalio is going to lose his name in the all in marker to you.

There's a new all-in boss in town! Wonder if you will pull the final "The Kalio" and not trade anymore while in first so far.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by pitsingeraj 3/5/2013, 3:20 pm

Diciing wrote:I'm Billyjoblo makinthefknbankson, if people need my secrets be sure to holla at a brother.

You made one trade, lol. No secret, you just knew a company that was on the major rise and went all in.

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 3/5/2013, 3:46 pm

pitsingeraj wrote:
Diciing wrote:I'm Billyjoblo makinthefknbankson, if people need my secrets be sure to holla at a brother.

You made one trade, lol. No secret, you just knew a company that was on the major rise and went all in.

In fairness, he made 2 very successful trades, and 2 not-so successful, which he cut his losses pretty quick on. No secrets though, lol Razz

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Wutz 3/5/2013, 5:11 pm

Passed Snow and Kailo! Very Happy

I love Apple so much Very Happy:D
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by pitsingeraj 3/5/2013, 6:00 pm

I really don't know much about the stock market. Like, how do the trades actually go? Who are you trading with? I've made most of my money so far in an almost flipping like situation instead of straight forward investing. I would watch the prices by continuously refreshing the page, then when the price goes a couple cents lower than usual, I'll go all in and then refresh until the price goes back up 5-7 cents then cell again. I've made over 12 thousand in 5 minutes before. Of course, this comes with risk and I've lost nearly as much as I've made.

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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Diciing 3/5/2013, 10:30 pm

Yeah I know I was just messing around haha Very Happy, no secrets but thanks for letting me in on the fun, having a good time Smile
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by antdemo 4/5/2013, 11:08 am

GOOG $845.72 $652.67
$65,537.00
29.52%

V $179.54 $164.62
$16,759.60
9% 1,130

Shame it's different to what I play, updown.com is good, been their for 3years now.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 4/5/2013, 5:25 pm

Wutz wrote:Passed Snow and Kailo! Very Happy

I love Apple so much Very Happy:D

Grats on the pass! I missed out on these market rallies for the most part, I am preparing to move, so I imagine the next few days I wont be doing too much, I just set some to go long and that's it. If the market dips, I'll probably not being doing much the rest of the week Razz.



pitsingeraj wrote:I really don't know much about the stock market. Like, how do the trades actually go? Who are you trading with? I've made most of my money so far in an almost flipping like situation instead of straight forward investing. I would watch the prices by continuously refreshing the page, then when the price goes a couple cents lower than usual, I'll go all in and then refresh until the price goes back up 5-7 cents then cell again. I've made over 12 thousand in 5 minutes before. Of course, this comes with risk and I've lost nearly as much as I've made.

The stock market works quite a bit like the RS GE does. You are trading with other people. At any given time you make a sell, there is someone on the other end saying "I wanna buy that!"

There are many different types of people, just like in RS.

Some people trade for quick trades, other people trade to go "long" (years usually) and just hold, since the stock market is one of the best long term investments. Then there are people who focus on the middle ground and go for the trend changes.

Historically, as well, there is no moving evidence that anything beats going long and just riding the market on a long timeline.

That said, I encourage you to google any question that I also answer here. I am no way an expert, and there's tons of information online.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by cheetomania 6/5/2013, 1:25 am

I am, Colin Bennett.
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 7/5/2013, 7:32 pm

Marketwatch be trolling hard today. Can't buy or sell anything all day Sad
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by db 7/5/2013, 8:54 pm

Prepare to be fiscally pulverized by "D B"

;D

Because no portfolio screams "F*** Yeah!" quite like
MarketWatch Stock Game - Page 2 15aMl
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Post by Curve 7/5/2013, 10:49 pm

Snow wrote:Marketwatch be trolling hard today. Can't buy or sell anything all day Sad

same here it sucks ):
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Snow 10/5/2013, 9:03 pm

dang, I could not get in all day long today. Annoying Mad Mad Mad Mad
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MarketWatch Stock Game - Page 2 Empty Re: MarketWatch Stock Game

Post by Isen 18/5/2013, 6:58 pm

Hmmm, major issue. I had a stock, it split. However, I still have my original shares, the price halved, but my shares did not double. For the life of me, I can't figure out how to contact anyone there with my problem... So now I'm last place, with over a $400k loss. I'm Michael Angelo btw.
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