How do I win our Stock Market game?
We're doing Market Watch's Virtual Stock Exchange. The girl in the lead has Apple and JP Morgan stock. She is really far ahead in the lead. Even if I buy the same stocks, I can't pass her. Is their something I can do to beat her? HELP!
Public Comments
- be playing it all the time
- Buy Goldman Sach and Google...you might have a chance there.
- Technically she should be doing bad in the current stock market conditions, but you could try buying Google stocks cause over time they gain money faster just sell it when it reaches a peak.
- Tech stocks always lead the way out of a recession. Google, Research in Motion, Red hat.... /
- watch it on the market to see who is ahead this is crazy b/c we all lose one time or another hahah
- You could short bank of america BAC. It is likely to be nationalized, at which point the shares would lose most of their value. Can you trade options with that game? Buy some in the money puts on BAC. Or you could short several of the banks buy buying the etf, called SKF, or the one called FAZ. Good luck. Kick her a$$.
- I've written several posts on these stock market games. The last one unable to locate, may have been deleted by the poster (add me to locate prev post history). In short, my game answer is not the same as "real money." Game answer: 1. Depends when the game ends. If I knew when the game ends I would have a different strategy. If the game ended this month, I might buy "SDS" (2x short S&P 500 Index). You have to pay attention every day when to buy and sell. To win in these short term games, trading is a better strategy. 2. If you believe that AAPL and JPM will continue to go higher, then you can buy 2ce as many shares as the leader has and you will have 2ce the performance. You just need to multiply your investment over hers. This is called leverage. Don't tell her what you are doing, just passively ask, so, how many shares of XYZ stock do you have? Here is the risk: In the event JPM or AAPL or any levered investment goes down in value, your losses will be magnified far greater then hers. Leverage works both ways. Remember that the game may have one winner, but the real winners are those who kept their principle or had any gain.
- Try using these tools to your advantage: The Motley Fool Stock Quotes section: http://quote.fool.com The Motley Fool CAPS game "Investors helping investors beat the market": http://caps.fool.com/ The Motley Fool Messageboard: http://boards.fool.com/ A website claiming to be keeping track of investing legend Warren Buffett's stock portfolio & similar stuff: http://warren-buffett-portfolio.com/ http://moneycentral.msn.com/content/Investing/Findhotstocks/P90537.asp
- Buy these Tech stocks: Amazon (AMZN) Google (GOOG) IBM (IBM) NVidia (NVDA) IBM and Google are on steady up-trends. You won't need to sell them. The two companies have joined forces to develop healthcare software.
- First Learn Online Courses on Stock Market. From Global Finance School and also to take up affiliation for earning up to 40 % for selling the courses.Then enter into Stock market and wiin her
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