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How The Stock Market Works Game!

Chillin4Life

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Okay for the purpose of the game, you want to "trade the news" which is to pick stocks that are moving due to the news. For example I brought defense stocks due to the North Korea threats. After I received what I deemed was good profit I sold the stocks.

There are other strategies but for a quick and dirty way this should help. Go to cnbc.com and look for what is called early movers. Its a list they put out everyday. Hope that helps.

 

MsSunshine21

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Okay for the purpose of the game, you want to "trade the news" which is to pick stocks that are moving due to the news. For example I brought defense stocks due to the North Korea threats. After I received what I deemed was good profit I sold the stocks.

There are other strategies but for a quick and dirty way this should help. Go to cnbc.com and look for what is called early movers. Its a list they put out everyday. Hope that helps.

Thanks so much for the tip. I'll check out the website.

What other criteria do you use to to determine when to sell?
 

Blue Fairy

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Also, if you haven't already done this - make sure you have a diversified portfolio. This way if news comes out that is detrimental for one industry you can still have gains from other industries.

The industries i've invested in from the largest percentage of my portfolio to the smallest are:

Technology
Health Care
Industrial Goods
Consumer Goods
Financial
Services

Like @Sh0w said pay attention to the news. If you are not utilizing seekingalpha.com and the portfolio alerts on the website I suggest you do so.
 

AngelCake3

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Sorry I fell off too. It's so confusing I cant get into it. But this has inspired me to join the stocks club at my school
 

gucci mama

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Did y'all peep my come up? I started from the bottom now I'm here (the top 3)!

If you're stocks are doing poorly, hold onto them until you can get a return. It's no point in selling a declining stock.
 
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Scorpio87

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I'm making strides I managed to get out the red now I'm in the green! I think I should have sold two of my stocks since I gained profits on them but I was too scared to do it.
 
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I'm making strides I managed to get out the red now I'm in the green! I think I should have sold two of my stocks since I gained profits on them but I was too scared to do it.

Me too! Amazon went up quite a bit yesterday but now it's dipped below my original trade again.
 

Watchmoneygrowup23

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Found a website where members can play the actual stock market with fictious money. I setup a challenge in LSA's name just in case anyone wants to join. I advise anyone interested in learning how to get started or better acquainted with the stock market to join. Below are the directions on how to sign up.

Register and Join:
Ask them to Register to howthemarketworks.com and once they log-in, they can go to Join Contests, and look up your contest: Lipstick Alley Challenge via the search bar.

Stock market is closed so you want be allowed to trade until tomorrow. If you need a reminder leave a comment and I will tag you tomorrow before 4PMCST.

Click on the button to view password:
lipstickalley

***I will tag everyone who likes and/or comments in the thread tomorrow...thanks for your participation!

*****If you are reading this after August 2, 2017....you can still join. Once you join please let me know you have signed up---especially if you are using a different name from LSA! Start making trades, learn, and have fun! Be sure to comment in this thread or on the website's contest forum whenever you feel the need!

Hello! I am a new member! Are people on this thread still actively playing as a group on this website's game? I would like to join the fun and learning with you all.
 

BinxTheMinx

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Will be signing up as soon as I get home!!!! Thank you so much for this OP!
 

Scorpio87

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***Announcements and Updates***
I just logged in today...its been kinda hectic so I've fallen off but I just logged in and I got this message....so this is could be helpful for anyone who needs a little more information about their currents stocks or future stocks. I promise to be more active I didnt post at all this week...I try to be present as much as possible! Please feel free to comment as much as possible to get the morale of the thread back up!
90daytrial-625x375.png


I will post the rankings in a few hours today.

If you have not made purchases.....PLEASE DO SO!
If you havent logged in..........PLEASE DO SO!
If you have questions/comments/concerns or suggestion PLEASE STATE THEM!
And yes you will be getting tagged again when I post the rankings!

Hope everyone has a blessed and safe weekend! Enjoy the first day of fall even if it is still summer weather outside lol!
 

BinxTheMinx

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I won't even lie I was so busy today I completely forgot about this (n)

But since it's the weekend I can use this time to study up a bit! Do you have any pointers??? @Scorpio87
 

Scorpio87

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Scorpio87

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I won't even lie I was so busy today I completely forgot about this (n)

But since it's the weekend I can use this time to study up a bit! Do you have any pointers??? @Scorpio87

Buy low
Sell high
Pay attention to your stocks as well as news reports and current events...these recent hurricanes and earthquakes has done a significant number on oil stocks.
 

Watchmoneygrowup23

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Scorpio87

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Hello ladies and gents....I believe this contest will end in a couple of weeks. I am currently looking at other websites with better usability---I know the site being used now is a little janky so I'm trying to do better and find a quality site. Right now I'm trying a few out to see how they function. I will probably make a new thread in the next week or two and I hope you all will join again and if you didnt participate or stopped participating(I havent really be participating myself) that you will join this new contest and keep up the momentum. Maybe we can get a Q&A going with some of the fonts who have done well this contest before the new one starts. For the final rankings I will post every font still active and their ranking!

Be blessed you guys and enjoy your weekend!
 

Scorpio87

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The final week for rankings:
1. @Blue Fairy
2. @Sh0w
3. @Star Jones
4. Lady_Mel
5. @gucci mama
6. @Bossgal509
7. @Harriet_Thugman
8. @S E N T I E N T
9. @Thot PROCESS
10. @Applejack.
11. @Velvety
12. @CaramelnMotion
13. @amapola azul.
14. @chiwe
15. @Ten10
16. @cherished_dream
17. Monicklez90
18. @Minniel
19. @VersacePrincess
20. @Q U E E N
21. @Sugar.
22. @Supreme Reign
23. @sylver2
24. @Lucci Vee
25. @mondaymorning
26. @NoseyHoney
27. @RoseLebeau.
28. @Luxury Queen
29. @lexiieworld
30. @jessimarie21
31. @Scorpio87
32. @DZA
33. @GottaSlayABit
34. @BinxTheMinx
35. @swissmiss
36. @PrettilyFlawed
37. @MsSunshine21
38. @Watchmoneygrowup23
39. Tybabe

Thanks for participating!

Be sure to join the new challenge here: Wall Street Survivor

New website and er'rything!
 

Beauti

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I didn't even know people were still trying to get into the stock game in 2018. Crypto currencies is where the real money is at. No stock out can even come close to the price of one single bitcoin.
 

DominaHW

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I didn't even know people were still trying to get into the stock game in 2018. Crypto currencies is where the real money is at. No stock out can even come close to the price of one single bitcoin.

I need to buy some bitcoins.
 

NoseyHoney

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I didn't even know people were still trying to get into the stock game in 2018. Crypto currencies is where the real money is at. No stock out can even come close to the price of one single bitcoin.
Make a thread and teach us how?
 

IceCold718

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I didn't even know people were still trying to get into the stock game in 2018. Crypto currencies is where the real money is at. No stock out can even come close to the price of one single bitcoin.
A bitcoin costs $7500 right now. How do you enter the crypto game when just one bitcoin cost that much money?
 

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