Stock Market Shenanigans

MagicForDummies

Well-Known Member
Greetings and salutations. This thread is all about making money using not-real cash via the stock market (the REAL stock market).

Now on to the details. In order to take part in this you'll fist need to sign up on this website (its free and you don't need a credit card number)

http://www.howthemarketworks.com/

Upon signing up you'll can choose to make your own portfolio (like a thing that keeps track of your financial ups and downs). But I implore that you find a contest that I've made on the website under "private contests" aptly named "Team9000". The password is "pineapple".

So basically what happens is, everyone has $30,000 at their disposal. You use that money to buy shares. Anyone who can navigate the website is allowed to join, and the contest doesn't close until 2015 Dec-23-2013.. (apparently that is the maximum time the website allows) You can hop in anytime. Even one day before the contest closes.

Oh and btw, it costs $10 (not-real cash) to buy and sell a hundred shares. That is called a "commission" and its in place for realistic purposes.

Read a book, buy a hat, pet your ponykeg, do whatever it takes to get mad rich (with bragging rights). Or lose it all for hilarity purposes. :D

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MagicForDummies

Well-Known Member
I'm in.

Will there be a convo for this?

That would be an excellent idea. That way we can share our profits/losses in private among other fellow investors.

I hope to see more people trying this out. Though its fun to do it alone, there's much more incentive to be rich when other people you sorta know are sharing the common goal.
 

_Joostb

Active Member
Untill now, many people have done nothing, and some have lost money. We are great investors, people! x3
 

Skryter

Well-Known Member
I'm still figuring out how to purchase stocks in the contest but it's generally not a good idea to immediately invest and to look at your options.
 

Godliberator

Well-Known Member
I'm still figuring out how to purchase stocks in the contest but it's generally not a good idea to immediately invest and to look at your options.

I am utilitizing a day trader strategy, so I only have 300 shares of various companies currently and over the next week I will more than likely buy and sell through those companies numerous times.
 

Skryter

Well-Known Member
I am utilitizing a day trader strategy, so I only have 300 shares of various companies currently and over the next week I will more than likely buy and sell through those companies numerous times.
I have no idea what strategy I'll adopt but it'll probably change depending on wether my stocks rise or fall.
 

Godliberator

Well-Known Member
I have no idea what strategy I'll adopt but it'll probably change depending on wether my stocks rise or fall.

at this point though, we have to wait until the market opens back up on Monday, If I am lucky my stocks will be up at opening .
 
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