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Forums » Tech and Talk » Talk » Pub Games » [game] VSE Marketwatch Game 1
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« [game] Experimental 2  

manfmmd
Premium
join:2003-01-14
Earth
clubs:

[game] VSE Marketwatch Game 1

Competition ID: BBR001
Competition Name: BBR Investment Challenge
Competition Password: BBR001




Good luck everyone!
permalink · 2009-06-15 08:27:28 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth

Re: [game] VSE Marketwatch Game 1

Anyone got a private web proxy? heh
permalink · 2009-06-15 08:31:12 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20		 why is the stock exchnage still closed?
permalink · 2009-06-15 09:23:02 · Reply to this

ZandraBee
"Sly Fox"

join:2008-10-02
Sterling Heights, MI

Re: [game] VSE Marketwatch Game 1

opens at 9:30 I believe.
permalink · 2009-06-15 09:27:33 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth

Re: [game] VSE Marketwatch Game 1

9:30am to 4pm EST Mon-Fri.
permalink · 2009-06-15 09:29:12 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20		 doh!
permalink · 2009-06-15 09:52:16 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:		 Just a reminder. Trades can be made after hours and on weekends...just beware that the trades will not become effective until opening the next trading day.

I made my opening trades last night.
permalink · 2009-06-15 10:00:14 · Reply to this

bjl
Premium
join:2002-05-02
Newport Beach, CA		 can you post a link to where the game is at in this thread?
permalink · 2009-06-15 10:05:29 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

 lets say I bought some stock for $10.00. I expect it to go up and down today, and don't have time to watch it constantly throughout the day.

Is there a way to put a sell order in with an If statement.

"If $10.25 then sell?"

if so, how do I do this?
--
DSLr Mafia Member.
permalink · 2009-06-15 10:13:12 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

1 edit

Re: [game] VSE Marketwatch Game 1

»www.sec.gov/answers/stopord.htm

A stop order is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the specified price is reached, your stop order becomes a market order.

Buy Stop Order - Investors typically use a stop order when buying stock to limit a loss or protect a profit on short sales. The order is entered at a stop price that is always above the current market price.

Sell Stop Order - A sell stop order helps investors to avoid further losses or to protect a profit that exists if a stock price continues to drop. A stop order to sell is always placed below the current market price.

The advantage of a stop order is you don't have to monitor how a stock is performing on a daily basis. The disadvantage is that the stop price could be activated by a short-term fluctuation in a stock's price. Also, once your stop price is reached, your stop order becomes a market order and the price you receive may be much different from the stop price, especially in a fast-moving market where stock prices can change rapidly. An investor can avoid the risk of a stop order not guaranteeing a specific price by placing a stop-limit order.
--
If the road to Hell is paved with good intentions, what is the road to Heaven paved with?

Obama 2008 - Where Transparent = Opaque
permalink · 2009-06-15 10:50:31 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

so manfmmd, what are you doing to make money so fast?
permalink · 2009-06-15 10:58:46 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

Re: [game] VSE Marketwatch Game 1

said by Dezbend See Profile :

so manfmmd, what are you doing to make money so fast?
I'm just taking some shots in the dark and some are landing..
--
If the road to Hell is paved with good intentions, what is the road to Heaven paved with?

Obama 2008 - Where Transparent = Opaque
permalink · 2009-06-15 11:08:09 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

 let me see if I understand...

When I buy, I have to buy with a stop order... that will do what I am wanting?

The stock I bought through a market order, I have to manually sell when I want to?
--
DSLr Mafia Member.
permalink · 2009-06-15 11:00:23 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

2 edits

Re: [game] VSE Marketwatch Game 1

You would want to place a stop-limit order on the stock you bought. It doesn't matter if it was a stop order or a market order:

»www.sec.gov/answers/stoplim.htm

If I wanted to do a stop-limit on a stock, it would look like this:




The stock would sell at $20.00 and would remain a valid order until the $20.00 mark is reached or until I cancel the order.

edit: I'll have to verify it, but I may have it wrong. You might have to put it in as a STOP instead of LIMIT..but the concept is there.

Stupid verbiage..
--
If the road to Hell is paved with good intentions, what is the road to Heaven paved with?

Obama 2008 - Where Transparent = Opaque
permalink · 2009-06-15 11:07:43 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

thanks.
permalink · 2009-06-15 11:10:21 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

Re: [game] VSE Marketwatch Game 1

Yeah, it would be a stop on the upper end for selling and a high or low limit on buying..

I put in a test trade as a stop, I'll report back.
permalink · 2009-06-15 11:12:54 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

I have a stop sell order, but expiring at the end of the day. I will see if it works as well (if my stock goes up as high as I want it to).
--
DSLr Mafia Member.
permalink · 2009-06-15 11:19:13 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

mine did not work as I wanted:

44739372
6/15/09 11:04 AM
6/15/09 11:24 AM
Sell
EQ
570
Stop at $45.00
$43.57
$9.95

44733402
6/14/09 11:06 PM
6/15/09 9:51 AM
Buy
EQ
570
Market
$43.47
$9.95

notice it sold, but not at the level I wanted. Yeah, I made .10 per share!
--
DSLr Mafia Member.
permalink · 2009-06-15 11:40:31 · Reply to this

muzscman
Mr. President
Premium,VIP
join:2002-02-15
Florissant, MO
clubs:

Re: [game] VSE Marketwatch Game 1

»vse.marketwatch.com/Game/Homepage.aspx
permalink · 2009-06-15 12:16:38 · Reply to this

muzscman
Mr. President
Premium,VIP
join:2002-02-15
Florissant, MO
clubs:

Re: [game] VSE Marketwatch Game 1

how come when i just placed two orders, they are pending?
permalink · 2009-06-15 12:20:04 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON
·Rogers Hi-Speed

 i always lose money in these games...for some reason, i always miss the dips and end up buying right when stuff starts to dip...even the good stuff is going down.
--
Today's motto: Dearly beloved, We are gathered here today to bid farewell to personal responsibility and accountability.
permalink · 2009-06-15 12:29:46 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

 Ok, since I can't play, here's what I did to make money like a madman. It takes a great, great deal of patience, but it works.

I'll break it down for simple terms. You don't need to be a stock market pro. You just have to have a good natural instinct.

The stock market is based largely upon reaction. At least, the part that I'm concerned about. Ever notice that when news breaks, stocks shoot up or down (even temporarily)? That's what you're looking for.

I use finance.yahoo.com. They have news articles and I just constantly hit refresh looking for an article that has really good or really bad news. Then I'll buy a stock, sit on it for maybe an hour or so and ride it up (or down), then sell it.

The key is to read the article within seconds of the press release, scan it for the right information, then purchase/short sell a stock and ride the "hype wave" for an hour or so and dump the stock.

You won't have the right instinct right away, which is what this test market is for. If you're not sure, read a press release that you think would have an impact on a stock and observe it. You can reset your portfolio here so taking risks isn't that bad. For the sake of this game, you could probably toss 25% of your current funds at a stock.

But that's all I do. Keep hitting refresh on the press releases, read the article as soon as it hits, and just get my bid in before the rest of the world gets a chance to read it, put their bids in. What might take them 15-20 minutes, takes me 1-3. I just hop on the train before everyone else does.
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
permalink · 2009-06-15 12:32:02 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

thanks, Archivis.
permalink · 2009-06-15 12:42:53 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

 another n00b question:

if I put a sell order in, and it takes "up to 20 minutes to process," are the stocks sold at the time I put the order in or when it processes?
--
DSLr Mafia Member.
permalink · 2009-06-15 12:50:12 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

Re: [game] VSE Marketwatch Game 1

said by Dezbend See Profile :

another n00b question:

if I put a sell order in, and it takes "up to 20 minutes to process," are the stocks sold at the time I put the order in or when it processes?
I believe it's when it processes.
--
If the road to Hell is paved with good intentions, what is the road to Heaven paved with?

Obama 2008 - Where Transparent = Opaque
permalink · 2009-06-15 12:51:25 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

I realize that I misworded my question.

I buy stock at $10.00
It goes up to $10.25 - I hit sell
20 minutes later, the stock is at $10.12

are the stocks sold at the $10.25 or $10.12 price?
--
DSLr Mafia Member.
permalink · 2009-06-15 12:53:18 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

Re: [game] VSE Marketwatch Game 1

It's sold when the sell goes through.

In your scenario, you'd get it at the $10.12 price. This is how all stock purchases work, however, in this game, it has a 20 minute delay. Real stock trade sites operate usually at a minute or less.
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
permalink · 2009-06-15 12:55:03 · Reply to this

Dezbend
Premium,MVM
join:2001-04-20

Re: [game] VSE Marketwatch Game 1

well that sucks... I sold, and have been watching the stock fall back down over the last few minutes.

Hitting the top of the peaks is hard if you are shooting 20 minutes ahead.
--
DSLr Mafia Member.
permalink · 2009-06-15 13:08:00 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

Re: [game] VSE Marketwatch Game 1

The last game I did this, years back, it was my same problem as well.

I sold it on the way up, rather than at the "peak". Recognizing that we can never really identify the peak to begin with.

When doing day trading, be thankful you netted positive, rather than getting frustrated that you didn't get the full peak.
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
permalink · 2009-06-15 13:10:24 · Reply to this

ZandraBee
"Sly Fox"

join:2008-10-02
Sterling Heights, MI

Re: [game] VSE Marketwatch Game 1

Ok, so I bought 100 shares of a company, and just did the, buy, 100, day order, market.

Now if I want to sell it ONLY at a certain price, what do I do?
--
Are you in, or are you out? »Pub Games
The greatest thing you'll ever learn, is just to love, and be loved in return.
permalink · 2009-06-15 14:19:52 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

Re: [game] VSE Marketwatch Game 1

I don't know about that. I haven't used the site in forever. I never went by prices anyways. My strategy was always in-and-out.

The site is blocked for me here at work, so I'm only able to participate in spirit
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
permalink · 2009-06-15 14:21:11 · Reply to this

ZandraBee
"Sly Fox"

join:2008-10-02
Sterling Heights, MI

Re: [game] VSE Marketwatch Game 1

said by Archivis See Profile :

I don't know about that. I haven't used the site in forever. I never went by prices anyways. My strategy was always in-and-out.

The site is blocked for me here at work, so I'm only able to participate in spirit
Give me a stock, I'll buy it in your spirit. lol
--
Are you in, or are you out? »Pub Games
The greatest thing you'll ever learn, is just to love, and be loved in return.
permalink · 2009-06-15 15:07:22 · Print · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

1 edit
said by ZandraBee See Profile :

Ok, so I bought 100 shares of a company, and just did the, buy, 100, day order, market.

Now if I want to sell it ONLY at a certain price, what do I do?
You would place a sell limit order good for "today" only or "good until canceled" with the upper limit being what you want to sell at.
--
If the road to Hell is paved with good intentions, what is the road to Heaven paved with?

Obama 2008 - Where Transparent = Opaque
permalink · 2009-06-15 14:30:43 · Print · Reply to this
58303249

join:2009-03-27
said by Dezbend See Profile :

well that sucks... I sold, and have been watching the stock fall back down over the last few minutes.

Hitting the top of the peaks is hard if you are shooting 20 minutes ahead.
It works both ways. you buy at 10.00, it rises to 10.25 when you put the sell order in. 20 minutes later when your order goes thru the price went up to 11.00.

you win some and you lose some.
permalink · 2009-06-15 20:29:46 · Print · Reply to this

Dezbend
Premium,MVM
join:2001-04-20		 manfmmd sucks.
permalink · 2009-06-15 17:03:53 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

Re: [game] VSE Marketwatch Game 1



I was expecting a Vote: manfmmd
permalink · 2009-06-15 17:23:15 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON
·Rogers Hi-Speed

 i'm confused...when i look at my portfolio, it shows all my stocks as being down (albeit, only slightly), yet my portfolio went up by .27% ($270)...what's up with that?
--
Today's motto: Dearly beloved, We are gathered here today to bid farewell to personal responsibility and accountability.
permalink · 2009-06-15 19:55:18 · Reply to this

See 24 replies to this post

Dezbend
Premium,MVM
join:2001-04-20		 roadsrunning is doing great today!
permalink · 2009-06-16 14:08:28 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

Re: [game] VSE Marketwatch Game 1

Yes he is.. I had to make some adjustments..
permalink · 2009-06-16 14:16:18 · Reply to this

ZandraBee
"Sly Fox"

join:2008-10-02
Sterling Heights, MI

Re: [game] VSE Marketwatch Game 1

I completely didn't have time to do it today. This is going to be hard especially when i won't have a computer at work all day in the Foundry.
permalink · 2009-06-16 15:50:31 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON
·Rogers Hi-Speed

 the stock markets suck.

i knew RIM would finish strong, which is why i bought a bunch of their stock, but their shares have continued to slide...that makes no sense...their numbers came out and revenues are up 58%, strong profits, etc...there is NO reason their shares should be dropping right now.
--
Today's motto: Dearly beloved, We are gathered here today to bid farewell to personal responsibility and accountability.
permalink · 2009-06-19 16:31:28 · Print · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth

Re: [game] VSE Marketwatch Game 1

That's because you don't understand how stocks work.
permalink · 2009-06-19 18:28:20 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON

Re: [game] VSE Marketwatch Game 1

yes i do...it's all about speculating and rarely about reality.
permalink · 2009-06-19 23:28:10 · Reply to this

Archivis
Your Daddy
Premium
join:2001-11-26
Earth
·Verizon FIOS

Re: [game] VSE Marketwatch Game 1

What happened was that the stock prices went up based upon the anticipated results, which were amazing, but less amazing than speculated, so now the stock prices need to readjust.
--
'A government big enough to give you everything you want, is strong enough to take everything you have.' -Thomas Jefferson -
permalink · 2009-06-20 12:50:16 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

 Standings after Week 1:


permalink · 2009-06-21 10:35:25 · Reply to this

See 6 replies to this post

manfmmd
Premium
join:2003-01-14
Earth
clubs:

 Week 2 standings:


permalink · 2009-06-27 11:07:37 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

 Week 3:


permalink · 2009-07-04 13:02:34 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON

Re: [game] VSE Marketwatch Game 1

well, i guess i haven't managed to lose everything...yet.
permalink · 2009-07-08 23:28:54 · Reply to this

manfmmd
Premium
join:2003-01-14
Earth
clubs:

 Week 4:


permalink · 2009-07-11 22:04:42 · Reply to this

See 7 replies to this post

manfmmd
Premium
join:2003-01-14
Earth
clubs:

 Looks like Alcohol has moved into a comfortable lead:




My apologies for not keeping up as well as I should be.
permalink · 2009-08-08 22:40:01 · Reply to this

dirtyjeffer
Oh Yeah
Premium
join:2002-02-21
London, ON
·Rogers Hi-Speed

1 edit

Re: [game] VSE Marketwatch Game 1

that is quite the lead...but hey, 3rd place isn't too bad either.

the sad thing is, i wanted to buy Ford around Christmas when it was $2.
permalink · 2009-08-08 23:41:49 · Reply to this
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