ZandraBee
"Sly Fox"
join:2008-10-02
Sterling Heights, MI | reply to 58303249
Re: [signup] VSE Marketwatch Game 1
I don't have time to watch it everyday either. |
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58303249
join:2009-03-27
| reply to ZandraBee
said by ZandraBee  :I'm new at this, and have been trying a little at a time. I didn't know there was a fee either. Yeah I know you are new at this. Just some tips to help you play the game a little better. Just be a little bolder and make more aggressive investments and max out the amount of money you invest. Just remember, it is only monopoly money you are playing with.
You only made $250 over the past two weeks. If that was your day job, it is a lot less than minimum wage and you wouldnt have enough money for food and rent money.
I play as a day trader, and it has worked well for me in the past on VSE, and starting to look up for me once again.
»en.wikipedia.org/wiki/Day_trading |
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ZandraBee
"Sly Fox"
join:2008-10-02
Sterling Heights, MI | reply to 58303249
I'm new at this, and have been trying a little at a time. I didn't know there was a fee either. |
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58303249
join:2009-03-27
| reply to ZandraBee
said by ZandraBee :The market took a huge dump. Not for nothing, but I was looking at your portfolio. You have made 24 transactions since the game started. You do not seem to be taking advantage of the money available for investment. Every account has $100,000 available, plus another 100K in margin; giving you 200K to play with.
Now lets take an example of a transaction you made. On 6/17 you bought 50 shares of 'T' at $24.31. Eight days later on the 25th, you sold those shares for 24.83 for a profit of $0.52 per share totaling $26. Now take the $9.95 buy and sell transaction fee from your profit, you end up with a net of $6.10 profit for eight days time with 50 shares.
Now how about trying the same transaction with different numbers. Say you bought 8000 shares @ $24.31 for a total of $194,480 on the 17th, and you sell it on the 25th @$24.83 for a total of $198,640 giving you $4160 net minus the transaction fees for a total net of $4140.10.
I noticed some accounts people are playing, and not taking advantage of the 200K available for investing. Right now you only have about $5500 invested in the market. You have another 195K that you can have working for you right now that you dont. |
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Dezbend
Premium,MVM
join:2001-04-20
| reply to manfmmd
I have been sitting on centurytel and embarq stock on and off every day waiting for the FCC announcement... I assumed the stocks would spike when the merger was finalized... it was my ace in the hole, I have 5,000 CTL stocks today, the FCC approves the merger and... nothing. :P
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DSLr Mafia Member. |
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dirtyjeffer
Merry Christmas
Premium
join:2002-02-21
London, ON | reply to manfmmd
hey, i was actually up today...go figure.  |
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Archivis
Your Daddy
Premium
join:2001-11-26
Earth | reply to ZandraBee
Then short-sell the market. |
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ZandraBee
"Sly Fox"
join:2008-10-02
Sterling Heights, MI | reply to Archivis
The market took a huge dump. |
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Archivis
Your Daddy
Premium
join:2001-11-26
Earth | reply to dirtyjeffer
Why don't you guys just short sell the ones you feel confident in?
If you suck? Do the opposite. |
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dirtyjeffer
Merry Christmas
Premium
join:2002-02-21
London, ON
 ·Rogers Hi-Speed
| reply to manfmmd
i am taking a beating...i give up. 
i think i am just going to randomly pick stocks and sit on them...anything has to do better than the logic i used to base my purchases on.
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Today's motto: Dearly beloved, We are gathered here today to bid farewell to personal responsibility and accountability. |
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manfmmd
Premium
join:2003-01-14
Earth
clubs:
| reply to Alcohol
said by Alcohol :Why is the minimum price for a stock you can trade $2.00  We're using the same rules as the last game that I hosted.
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If the road to Hell is paved with good intentions, what is the road to Heaven paved with?
Obama 2008 - Where Transparent = Opaque |
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Alcohol
Premium
join:2003-05-26
Somerset, NJ
| reply to manfmmd
Why is the minimum price for a stock you can trade $2.00
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I found the key to success but somebody changed the lock. |
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manfmmd
Premium
join:2003-01-14
Earth
clubs: | reply to manfmmd
Reminder:
This starts tomorrow morning. I will post a game thread and weekly standings along the way. Playful banter and taunting is encouraged!  |
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Kristopher
Premium
join:2002-10-11
Middletown, PA
·Comcast
| reply to Dezbend
said by Dezbend :I am only planning on buying/selling once per day... I don't plan on winning Neither would I, but things are picking up speed again IRL, and I'm not a big enough fan of money games. 
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Play DSLr Mafia: »Pub Games |
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manfmmd
Premium
join:2003-01-14
Earth
clubs:
| reply to Archivis
said by Archivis :No wireless network to leech off of, I won't be able to play this game. Maybe I can set up a web proxy from home. I find that I can usually bypass most firewalls with an RDP session to my home computer for stuff like this..  |
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Dezbend
Premium,MVM
join:2001-04-20 | reply to Kristopher
I am only planning on buying/selling once per day... I don't plan on winning
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DSLr Mafia Member. |
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Kristopher
Premium
join:2002-10-11
Middletown, PA
·Comcast
| reply to Kristopher
said by Kristopher :Signed up. Actually, I thought I signed up, but it doesn't look like I'm there. This is a good thing, though. I discovered it when I went in to try and un-sign up.
I won't really have the time to put into this type of game. Sorry for the pull back.
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Play DSLr Mafia: »Pub Games |
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Archivis
Your Daddy
Premium
join:2001-11-26
Earth | reply to Archivis
No wireless network to leech off of, I won't be able to play this game. Maybe I can set up a web proxy from home. |
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dirtyjeffer
Merry Christmas
Premium
join:2002-02-21
London, ON | reply to manfmmd
well, since there is no red, i will buy one share of Berkshire Hathaway (A) and see what happens. |
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manfmmd
Premium
join:2003-01-14
Earth
clubs: | reply to dirtyjeffer
You can go all red, I'll go all black |
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