You are currently looking at Flamebate, our community forums. Players can discuss the game here, strategize, and role play as their characters.
You need to be logged in to post and to see the uncensored versions of these forums.
Investing game, a maybe cool idea
|
|||||||
|---|---|---|---|---|---|---|---|
|
so google finance is beautiful. free service lets you “deposit” money and then place transactions.
Finance is where fortunes are made and lost (mostly lost). If you have a google account, it’s an easy business to deposit a fake 10k, then “buy” (using the “add a transaction” feature) stocks at their price and have that reflected in your overall balance. Using these tools it would be a very easy matter to have a forumwarz contest to see who could have their money grow the most over a set period of time, say a month.
I’d do this as a proper contest but unfortunately there’s no way to verify you were telling the truth.
Anyone interested?
Here’s a general starting image:
Log in to see images!
Edit: if you want to join, start with a deposit of ten thousand dollars.
edit 2: fixed link Fortunato edited this message on 12/04/2009 11:12PM |
||||||
| Posted On: 12/04/2009 10:08PM |
Rate this Post: 0
View Fortunato's Profile
|
#
  |
||||||
|
Yeah sounds like a good idea for a contest but you can just keep making “deposits” so. Anyway sounds like fun. |
||||||
| Posted On: 12/04/2009 10:14PM |
Rate this Post: 0
View ChilePepino's Profile
|
#
|
||||||
|
Paper trading is actually a lot of fun. |
||||||
| Posted On: 12/04/2009 10:15PM |
Rate this Post: 0
View scully's Profile
|
#
|
||||||
|
a few resources:
Yahoo ETF browser. ETFs (exchange traded funds) are very popular right now. They provide broad market exposure but are traded like stocks. http://finance.yahoo.com/etf/browser/rk?k=6&c=etf_lb&f=0
Candlestick chart explanation: http://www.fxwords.com/j/japanese-candlesticks.html
One technical I like, the stochastic oscillator: http://en.wikipedia.org/wiki/Stochastic_oscillator
Bollinger bands are another technical tool: http://en.wikipedia.org/wiki/Bollinger_bands
KDJ indicators are a type of stochastic: http://www.sharechart.com.au/Education/TechnicalIndicators/KDJ.htm
Moving averages are one of the oldest and most useful forms of analysis: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages
And a blog or two: I like bill cara, personally. Some of his posters are odd, but he talks sense and is very straightforward
He leads off the list for investing blogs on Forbes’ best of web: |
||||||
| Posted On: 12/04/2009 10:16PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
some tips
Some people think we’re at the top of a serious gold price bubble. Find a short fund and buy a few shares right now and hold them for a few days and watch them blow up. Shorting is dangerous long term though, as the general trend of the market is up.
The market is very volatile right now. I personally think we’re headed for at least a modest correction over the next month or two, which would mean it’s a good time to go short on some stuff.
Look up QQQQ, EWZ and TYH. Those are three that are p interesting. |
||||||
| Posted On: 12/04/2009 10:20PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
I will participate. |
||||||
| Posted On: 12/04/2009 10:20PM |
Rate this Post: 0
View Fie's Profile
|
#
|
||||||
|
Also we did something like this in my econ clbum. They have websites that let you simulate trading. |
||||||
| Posted On: 12/04/2009 10:28PM |
Rate this Post: 0
View Fie's Profile
|
#
|
||||||
|
Fort, when you consider the |
||||||
| Posted On: 12/04/2009 10:30PM |
Rate this Post: 0
View scully's Profile
|
#
|
||||||
|
do they give you the stunning ability to instantly generate useful technical analysis tools? |
||||||
| Posted On: 12/04/2009 10:30PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
scully Posted: |
||||||
| Posted On: 12/04/2009 10:31PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
so its really only a game for honest people.
well how much do you guys want to agree to start w/? |
||||||
| Posted On: 12/04/2009 10:36PM |
Rate this Post: 0
View Adapt's Profile
|
#
|
||||||
|
I think 10k is a reasonable starting amount, don’t you? |
||||||
| Posted On: 12/04/2009 10:37PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
I started at 10k |
||||||
| Posted On: 12/04/2009 10:39PM |
Rate this Post: 0
View ChilePepino's Profile
|
#
|
||||||
|
I’ll play too, why not.
Fort, I think you need to lose the trailing slash in your URL, otherwise it seems to 404. |
|||||||
| Posted On: 12/04/2009 11:09PM |
Rate this Post: 0
View kraigu's Profile
|
#
|
||||||
|
Someone named Wallace Lima in Brazil used my email account to start a google account. |
|||||||
| Posted On: 12/04/2009 11:14PM |
Rate this Post: 0
View twas's Profile
|
#
|
||||||
kraigu Posted:
You have to have a google account first, or just sign into your google account, for it too work. |
|||||||
| Posted On: 12/04/2009 11:15PM |
Rate this Post: 0
View twas's Profile
|
#
|
||||||
|
that was me, sorry, I’ll quit messing around Log in to see images! |
||||||
| Posted On: 12/04/2009 11:15PM |
Rate this Post: 0
View Fortunato's Profile
|
#
|
||||||
|
I was wrong but I am not going to edit my post. These things need to be maintained for posterity. |
|||||||
| Posted On: 12/04/2009 11:16PM |
Rate this Post: 0
View twas's Profile
|
#
|
||||||
|
Wallace Lima should move to Peru. |
|||||||
| Posted On: 12/05/2009 12:48AM |
Rate this Post: 0
View Lylyth's Profile
|
#
|
||||||
|
My grandfather has made an obscene amount of money trading stocks and commodities, and last summer he spent like 5 hours a day with me teaching me finance.
My first buy lost me $1000 but the second one so far has profited by about $2,200. :3
I would participate in this, but it requires me to do my homework about buys and whatnot, because I don’t wanna just run in blindly and guess at stuff, and I just don’t have the time for that right now. Shii edited this message on 12/05/2009 1:29AM |
||||||
| Posted On: 12/05/2009 1:28AM |
Rate this Post: 0
View Shii's Profile
|
#
|
||||||
