The FoH Stock Market Game - Page 2

prescient63 · 12-03-2007, 08:05 PM

I'm in your all going down!

Edit: I'm not going to do this but i've always wondered. Most of these games have 20 minute delays so if i just sat at a real time station and ran a screen for the largest movers over the last 20mins if I could trade 20 mins ahead. Every time i see these games and some dude is up 13k % i'm thinking that's what he did. Or he got really lucky.

Edit 2: My portfolio is set until the end of the game. I'm way leveraged into gold so it wont be moving unless i take some massive losses on fed actions.

Ortega · 12-03-2007, 11:16 PM

I suggest investopedia.com if you want a fair game. Your trades will take 20 minutes to execute to protect against exploiting with real time quotes as mentioned above, but its the only fair way as nobody is going to pay for real time quotes on a fake game. That pretty much eliminates day trading by the way, but thats probably better for most of you I suspect.

Blog · 12-04-2007, 05:54 AM

A lot of virtual portfolio sites only fill your orders with a portion of the securities average daily volume. This means that even though there is a 20 minute delay, it takes awhile for your order to be filled anyway so this negates knowing the would be advantage of knowing the realtime price.

Also most internet brokers offer quotes that are almost realtime so it isn't that difficult to get such information if you really wanted it.

Hatorade · 12-04-2007, 07:02 AM

Quote:

Originally Posted by Zippygoose

mmmm hatorade is in on netflix...I might have to be a copy cat.

Looks like scream is fully leveraged on Google. I'm currently doing that in another game and am winning because of it. Balls to the wall baby!

Damm right I actualy own netflix stock...got in on it way early at like 3.15 a share. I only expect it to go up. Blockbuster tried to muscle in on the home movie thing but not going so well.

prescient63 · 12-04-2007, 07:30 AM

1 hour in and I'm up 5 points... GO ME!

Edit: I was totally right about my trading theory. I bought more RIC than there was volume today. About double the volume actually. Microcaps FTW!

Hatorade · 12-04-2007, 07:38 AM

Quote:

Originally Posted by prescient63

1 hour in and I'm up 5 points... GO ME!

Edit: I was totally right about my trading theory. I bought more RIC than there was volume today. About double the volume actually. Microcaps FTW!

yeah i saw that nice work

Indiana · 12-04-2007, 08:02 AM

I'm down 0.44 %

At which point do I jump out the window.

Rythonn · 12-04-2007, 09:24 AM

I suck and don't know a lot about buying and selling stocks, so I am just gonna go for gambles and see how I do. Nothing on tv so this has me watching Bloomberg haha.

Burkex · 12-04-2007, 09:37 AM

How long does it take for a trade/order to go through? I made like 100 trades and I don't see it taking effect.

Rythonn · 12-04-2007, 09:48 AM

20 minutes

Can anyone give me a quick and easy explanation of selling short?

Zippygoose · 12-04-2007, 09:51 AM

There is a 20 minute delay on trades. Also, in previous games people have attempted to work the system with the delay but it does not seem to work as the actual purchase time is somewhat random (and therefore the market price).

From a different board:

"OK, I will also come clean. I tried to game the wacky VSE interface, using my real time ticker vs. their delayed figures to recognize a nice gap in Chipotle, which I promtly shorted the hell out of, with a cover buy at the lower current and accurate price. The VSE seems to execute trades whenever it damn well pleases though, and I got my virtual day trading ass handed to me when it did so at a much higher price. Cheaters never prosper, evidently I'll behave from now on."

Prescient is in the lead with his 32,000 shares of Richmont Mines!

Netflix is down!! Why would you forsake me like that Hatorade?!

Rythonn · 12-04-2007, 09:55 AM

Yeah I tried to buy some cheap ass qmed stock for like $.15 at the time and now up to $.18 $.20 at one point hehe but we are limited to stocks over $2

eggrollking · 12-04-2007, 10:01 AM

Quote:

Originally Posted by Rythonn

20 minutes

Can anyone give me a quick and easy explanation of selling short?

You borrow McDonald's stock then you sell it at 50 dollars. One week later and now it's worth 25 dollars, so you buy it back. You return the stock that you borrowed and keep the 25 dollars/stock you netted yourself.

Burkex · 12-04-2007, 10:05 AM

FUCK I ordered $100,000 worth of stuff then cancelled it all thinking it was fubar then traded again and my trades from the first time started coming through now everything is so messed up.

Patience is a virtue I guess.

PS: Mutual funds are taking forever to come through.

Millie · 12-04-2007, 10:06 AM

I think it would be really hilarious if everyone ends up down at the end of the period, and whoever jumps in at the very end with the starting $100,000 wins by default.

12-03-2007, 08:05 PM	#16 (permalink)
prescient63 You can't blame women for what they do wrong in the same way that you can't blame a dog for what it does wrong. Join Date: Sep 2002 Posts: 1,222 -7 Internets	I'm in your all going down! Edit: I'm not going to do this but i've always wondered. Most of these games have 20 minute delays so if i just sat at a real time station and ran a screen for the largest movers over the last 20mins if I could trade 20 mins ahead. Every time i see these games and some dude is up 13k % i'm thinking that's what he did. Or he got really lucky. Edit 2: My portfolio is set until the end of the game. I'm way leveraged into gold so it wont be moving unless i take some massive losses on fed actions. Last edited by prescient63 : 12-04-2007 at 12:08 AM.

12-04-2007, 07:30 AM	#20 (permalink)
prescient63 You can't blame women for what they do wrong in the same way that you can't blame a dog for what it does wrong. Join Date: Sep 2002 Posts: 1,222 -7 Internets	1 hour in and I'm up 5 points... GO ME! Edit: I was totally right about my trading theory. I bought more RIC than there was volume today. About double the volume actually. Microcaps FTW! Last edited by prescient63 : 12-04-2007 at 07:36 AM.

12-04-2007, 08:02 AM	#22 (permalink)
Indiana Shhhh! Join Date: Aug 2002 Location: Denmark Posts: 482 -1 Internets	I'm down 0.44 % At which point do I jump out the window. __________________ Indiana the Silent Club Fu Bristlebane We want to be the Blizzard of massively multiplayer gaming - John Smedley

12-04-2007, 09:37 AM	#24 (permalink)
Burkex It's Lord of the Flies time. Join Date: Jun 2006 Posts: 2,290 -19 Internets	How long does it take for a trade/order to go through? I made like 100 trades and I don't see it taking effect. __________________ "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." Last edited by Burkex : 12-04-2007 at 09:43 AM.

12-04-2007, 09:51 AM	#26 (permalink)
Zippygoose Math Enthusiast/Badass MC Join Date: Jun 2002 Location: Seattle Posts: 586 -1 Internets	There is a 20 minute delay on trades. Also, in previous games people have attempted to work the system with the delay but it does not seem to work as the actual purchase time is somewhat random (and therefore the market price). From a different board: "OK, I will also come clean. I tried to game the wacky VSE interface, using my real time ticker vs. their delayed figures to recognize a nice gap in Chipotle, which I promtly shorted the hell out of, with a cover buy at the lower current and accurate price. The VSE seems to execute trades whenever it damn well pleases though, and I got my virtual day trading ass handed to me when it did so at a much higher price. Cheaters never prosper, evidently I'll behave from now on." Prescient is in the lead with his 32,000 shares of Richmont Mines! Netflix is down!! Why would you forsake me like that Hatorade?! __________________ Join the FoH stock market game

12-03-2007, 11:16 PM	#17 (permalink)
Ortega Registered User Join Date: Feb 2006 Posts: 153 +0 Internets	I suggest investopedia.com if you want a fair game. Your trades will take 20 minutes to execute to protect against exploiting with real time quotes as mentioned above, but its the only fair way as nobody is going to pay for real time quotes on a fake game. That pretty much eliminates day trading by the way, but thats probably better for most of you I suspect.

12-04-2007, 05:54 AM	#18 (permalink)
Blog Registered User Join Date: Mar 2005 Posts: 69 +0 Internets	A lot of virtual portfolio sites only fill your orders with a portion of the securities average daily volume. This means that even though there is a 20 minute delay, it takes awhile for your order to be filled anyway so this negates knowing the would be advantage of knowing the realtime price. Also most internet brokers offer quotes that are almost realtime so it isn't that difficult to get such information if you really wanted it.

12-04-2007, 09:24 AM	#23 (permalink)
Rythonn Registered User Join Date: Sep 2003 Posts: 1,519	I suck and don't know a lot about buying and selling stocks, so I am just gonna go for gambles and see how I do. Nothing on tv so this has me watching Bloomberg haha.

12-04-2007, 09:48 AM	#25 (permalink)
Rythonn Registered User Join Date: Sep 2003 Posts: 1,519	20 minutes Can anyone give me a quick and easy explanation of selling short?

12-04-2007, 09:55 AM	#27 (permalink)
Rythonn Registered User Join Date: Sep 2003 Posts: 1,519	Yeah I tried to buy some cheap ass qmed stock for like $.15 at the time and now up to $.18 $.20 at one point hehe but we are limited to stocks over $2

12-04-2007, 10:05 AM	#29 (permalink)
Burkex It's Lord of the Flies time. Join Date: Jun 2006 Posts: 2,290 -19 Internets	FUCK I ordered $100,000 worth of stuff then cancelled it all thinking it was fubar then traded again and my trades from the first time started coming through now everything is so messed up. Patience is a virtue I guess. PS: Mutual funds are taking forever to come through. __________________ "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."

12-04-2007, 10:06 AM	#30 (permalink)
Millie More Adventurous Join Date: Jan 2002 Location: Los Angeles Posts: 5,598	I think it would be really hilarious if everyone ends up down at the end of the period, and whoever jumps in at the very end with the starting $100,000 wins by default.

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