The FoH Stock Market Game II - Page 2

FulorianC · 10-24-2009, 08:26 PM

I've been using the Investopedia simulator for a while now. You see a price quoted in real time. You go to make a trade, and it shows the price from 20 minutes ago. But it won't execute those prices from 20 minutes ago - only the prices the system sees as valid 20 minutes after it is executed. The only real advantage I can see is if you decide to cancel your order within 20 minutes knowing the price is going to change. That's not a huge advantage.

prescient63 · 10-25-2009, 02:05 PM

hi

Quote:

Why Does Stock Not Appear in the Portfolio Right Away?
When you purchase a security, there will be a delay of around 20 minutes before you can see it in your portfolio.

The reason this occurs is because we use a delayed datafeed from the stock exchange. That is, with delayed data, a quote you get now actually reflects the price of the stock 20 minutes ago. It is possible to get real-time quotes, but exchanges charge a premium for this type of data. Because of this there are no plans to add real-time quotes at this time.

As a result, our delay in filling orders for 20 minutes makes all trades more realistic. For example, say at 1:10 PM ABC company has a positive announcement that sends the stock immediately spiking up 10%. If we didn't delay the order a user with access to real-time quotes could place a trade for ABC knowing that the stock is actually trading higher than the price reflected in our delayed quote. Instead, at around 1:30 PM, the order will be shown in the user's portfolio at correct price at the time the order was placed. Orders that have been placed but not filled can be viewed on the open trades page.

Lyenae · 10-25-2009, 06:05 PM

Dunno how shitty of a company you have to be to not offer real time quotes. I can get real time shit for free with a paper trading account from thinkorswim, or even straight on MarketWatch - Stock Market Quotes, Business News, Financial News

Though it might be some regulation somewhere.

Burkex · 10-25-2009, 09:47 PM

I joined.

prescient63 · 10-26-2009, 04:28 AM

Quote:

Originally Posted by Lyenae

Dunno how shitty of a company you have to be to not offer real time quotes. I can get real time shit for free with a paper trading account from thinkorswim, or even straight on MarketWatch - Stock Market Quotes, Business News, Financial News

Though it might be some regulation somewhere.

Seems like real time to me........

Quote:

Intraday data provided by Interactive Data Real Time Services, a division of Interactive Data Corp. and subject to terms of use. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data. More information on NASDAQ traded symbols and their current financial status. Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Dow Jones Indexes(SM) from Dow Jones & Company, Inc. SEHK intraday data is provided by Comstock and is at least 60-minutes delayed. All quotes are in local exchange time. Real-time last sale data provided by NASDAQ.

In case anyone wants to automate their trading through excel. This is 1000% untested and guaranteed to fail at some point, but I'm lazy.
Transaction type takes values 1-4

Code:

Function trade(Symbol, Transaction, Quantity)

Dim IE As Object


Set IE = CreateObject("InternetExplorer.Application")
IE.Navigate ("http://simulator.investopedia.com/Trade/TradeStock.aspx")
IE.StatusBar = True
IE.Toolbar = True
IE.Visible = True
IE.Resizable = True
IE.AddressBar = True

Do While IE.ReadyState <> 4 'READYSTATE_COMPLETE'
  DoEvents
Loop

    IE.Document.forms(0).all("ctl00$MainPlaceHolder$symbolTextbox").Value = Symbol
    IE.Document.forms(0).all("ctl00$MainPlaceHolder$transactionTypeDropDown").Value = Transaction
    IE.Document.forms(0).all("ctl00$MainPlaceHolder$quantityTextbox").Value = Quantity
    IE.Document.forms(0).all("ctl00$MainPlaceHolder$durationTypeDropDown").Value = "1"
    IE.Document.forms(0).all("ctl00$MainPlaceHolder$previewOrderButton").Click
    
Do While IE.ReadyState <> 4 'READYSTATE_COMPLETE'
DoEvents
Loop

IE.Document.forms(0).all("ctl00$MainPlaceHolder$submitOrder").Click
  
Do While IE.ReadyState <> 4 'READYSTATE_COMPLETE'
DoEvents
Loop

IE.Quit: Set IE = Nothing

End Function

FulorianC · 10-29-2009, 10:39 AM

The volume rules Investopedia has, particularly for options, really suck. You can't trade options effectively on anything except widely held large caps - and those only a couple hours after open. Bleh.

Aetos · 10-29-2009, 10:53 AM

So apparently there are achievements in this game too?

Best Trade (300)
Noteworthy Trade (200)

Got those for one trade yesterday, interesting concept!

prescient63 · 10-29-2009, 11:03 AM

Quote:

Originally Posted by FulorianC

The volume rules Investopedia has, particularly for options, really suck. You can't trade options effectively on anything except widely held large caps - and those only a couple hours after open. Bleh.

You can't cover shorts until the short actually gets into your account instead of queing it behind your short. IE i shorted a stock 5 mins ago and now I want to cover, I have to wait 15mins. But that's life and I got street cred for soem trade according to the game. So obviously you're all going down =P

Aetos · 10-30-2009, 01:14 PM

I'm done trading. Its really stupid that you make a trade, and it isn't executed for 20 minutes. Totally defeats the purpose of trading.

10-25-2009, 09:47 PM	#19 (permalink)
Burkex It's Lord of the Flies time. Join Date: Jun 2006 Posts: 3,486 -77 Internets	I joined. __________________ "If you want the ultimate, you've got to be willing to pay the ultimate price. It's not tragic to die doing what you love." My favorite comment (-1): "Your posts make me want to gouge my own eyes out."

10-29-2009, 10:53 AM	#22 (permalink)
Aetos Registered User Join Date: Nov 2005 Location: CT Posts: 516 -29 Internets	So apparently there are achievements in this game too? Best Trade (300) Noteworthy Trade (200) Got those for one trade yesterday, interesting concept! __________________

10-30-2009, 01:14 PM	#24 (permalink)
Aetos Registered User Join Date: Nov 2005 Location: CT Posts: 516 -29 Internets	I'm done trading. Its really stupid that you make a trade, and it isn't executed for 20 minutes. Totally defeats the purpose of trading. __________________ Last edited by Aetos; 11-03-2009 at 08:05 AM..

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10-24-2009, 08:26 PM	#16 (permalink)
FulorianC Real Life Apologist Join Date: May 2003 Location: Denton, Texas Posts: 2,037	I've been using the Investopedia simulator for a while now. You see a price quoted in real time. You go to make a trade, and it shows the price from 20 minutes ago. But it won't execute those prices from 20 minutes ago - only the prices the system sees as valid 20 minutes after it is executed. The only real advantage I can see is if you decide to cancel your order within 20 minutes knowing the price is going to change. That's not a huge advantage.

10-25-2009, 06:05 PM	#18 (permalink)
Lyenae Registered User Join Date: Sep 2002 Posts: 2,666 -104 Internets	Dunno how shitty of a company you have to be to not offer real time quotes. I can get real time shit for free with a paper trading account from thinkorswim, or even straight on MarketWatch - Stock Market Quotes, Business News, Financial News Though it might be some regulation somewhere.

10-29-2009, 10:39 AM	#21 (permalink)
FulorianC Real Life Apologist Join Date: May 2003 Location: Denton, Texas Posts: 2,037	The volume rules Investopedia has, particularly for options, really suck. You can't trade options effectively on anything except widely held large caps - and those only a couple hours after open. Bleh.