My class is playing the stock market game and i have a very urgent question?
I invested in gas here is the status http://img84.imageshack.us/img84/6046/stockhf2.jpg did i lose or gain money from gas so far ?
Public Comments
- The link is really blurry!
- You are loosing $81.12. so far.
- Your stock went down by $ 81, so you lost money.
- Lost $ 81.12
- Your investment is down 1.79% meaning your stock has gone down in value. You have lost $81.12 That is not too big of a deal though, I wouldn't worry about it yet. Before you decide to keep it or get ride of it you have to decide how much of the $4,500 you are willing to lose at any time. This is your risk tollerance. When you deside your risk tollerence you can better determine how long you should hold on to the stock before you decide to sell. The same principle should aplly when you hold the stock. If it goes up in price how much profit will you take before you sell and collect profits. Pigs get fat but hogs get slaughtered. Have fun and enjoy the game, we're here to help.
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