Stock Market Game Round 2 (What can you do with $10,000 in three months)

[1carcrazyguy]

When are we starting another one?

Hopefully soon! I used trial and error on this one and made about 750 errors! lol

[SVT Lurch]

Congratulations!

1 Jyro $28,196.91 net worth $18,196.91 total returns on 35 trades

2 Sean Mayfield $14,879.63 net worth $4,879.63 total returns on 31 trades

3 2165 Turbo Rail $13,821.56 net worth $3,821.56 total returns on just 1 trade

When are we starting another one?

I can start another one tomorrow. Anyone could really - not very involved to set up. Here's the link and parameters from this game:

http://www.marketwatch.com/game/create

Privacy Options
Game:Public
Player portfolios:Private
Portfolio Options
Starting balance for players:$10,000.00
Commission:$10.00
Credit Interest Rate:3.00%
Leverage Debt Interest Rate:6.00%
Minimum Stock Price:$2.00
Maximum Stock Price:$500,000.00
Trading Volume Limit:1.00%
Short Selling:Enabled
Margin Trading:Enabled
Limit Orders:Enabled
Stop Loss Trades:Enabled
Partial Share Trading: Disabled
Symbols Available for Trading
All symbols can be traded

Indexes:
•S&P 500
•Dow Jones
•Nasdaq
•Nasdaq 2000
Exchanges:
•AMEX
•Nasdaq
•NYSE
•OTC-BB

[Unicorn Jeff]

Old man wise steam rolled you guys.

[1carcrazyguy]

I should have stayed with my original plan. That way I would not have lost everything! And would not have ended up in last place!


My original buys....

shares----value------cost $'s---- todays close-----$ value today
36 -------172.47----6208.92-------212.27---------- 7659.72
171-------17.46-----2985.66-------16.41----------- 2806.11
17-------102.49-----1742.33-------103.75--------- 1763.75
100 ------32.63-----3263.00 -------33.06--------- 3306.00
343-------16.65-----5710.95-------21.30 --------- 7305.90
--------------------------------------------------------------
--------------------19910.86 ---------------------- 22841.48 (2930.62)

[Silverback]

man, i was doing good 2nd - 3rd until last week I didn't have time to check anything.

[1carcrazyguy]

Old man wise steam rolled you guys.

Yep.....I just wish I had the knowledge and guts (capital) to play the market for real. Some people are great at it but I would have the same "luck" I had in the game and go broke!


Of course in the game. Once I started buying-selling, I was buying companies that I never heard of and would have never bought with real investments. I was swinging for the fences. I just got struck out......every time!

[snacksnack]

Had 4th tied up till the last hour. Oh well learned a bit in all this.

[jyro]

My Celebratory Speech

First,
I want to thank my teachers at Sunset High School in Oak Cliff who repeatedly told I would never amount to shit back in 1966.

Secondly,
THANKS to Slow99 and all the others that helped me in this game and to SVT lurch that started the game.

I never traded outside of my 401k till October of 2013 when I transferred my savings to a Fidelity IRA account.

If you want to invest, do your due diligence in investigating a stock before you buy, I won because of luck, not skill. In this next game, I'm trying to win by skill but I know it will also take luck.

I did blow you guys doors off tho, LOL
GOOD LUCK in the next game.

[slow99]

Congrats jryo, fucking killed it!

No problem on the help, I'm always happy to answer questions anyone has whenever I can. I'm glad a lot of you guys were able to learn something.

[houstondallas]

I want in on the next game

[1carcrazyguy]

So if you were going to pick up say 5 companies to sit on for the rest of 2014. What companies would you be looking at?


Maybe something like?
GE
S
BA
F
C

[jyro]

I'm playing the biomedicals.

[jyro]

new game DFWmustangs3 password cowhidesrock

only thing I didn't do was enable the limit orders and the stop loss trades, I double tapped the mouse on the last step and it wouldn't let me go back

[1carcrazyguy]

new game DFWmustangs3 password cowhidesrock

only thing I didn't do was enable the limit orders and the stop loss trades, I double tapped the mouse on the last step and it wouldn't let me go back

I'm in. See if I can do better than losing $8200. lol

[jyro]

Oh, and I screwed up and made it for 60 days instead of 90. wished I could have cancelled it and started over, no option for that that I can see.