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  1. #26
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    Quote Originally Posted by techjr View Post
    In the fifth grade we did a basic setup with stock since we had the same teacher for two years it was long term, given a 100k virtual dollars and did exactly the opposite as what the teacher advised and came in first. She got angry when I told students to do the opposite of what she taught.
    What did she teach, and what did you do instead?

    -mike
    Mike G. - Limestone Networks - Account Specialist
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  2. #27
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    Jul 2004
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    Quote Originally Posted by techjr View Post
    In the fifth grade we did a basic setup with stock since we had the same teacher for two years it was long term, given a 100k virtual dollars and did exactly the opposite as what the teacher advised and came in first. She got angry when I told students to do the opposite of what she taught.
    If enough people follow your advice, then the teacher will benefit. It's a zero sum game. You will profit as long as not enough people are with you on the trade. Supply & Demand.

  3. #28
    Join Date
    Mar 2010
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    Quote Originally Posted by Mike - Limestone View Post
    What did she teach, and what did you do instead?

    -mike
    Was a math teacher that I think had us do this as a learning experience but a lot of students had just virtually bought from a brand they knew regardless. Told us to depending on the company, purchase virtual stock at a certain date based on a month or two before said company has product announcements or releases. Such as apple releasing a new product or revision every X months. Never did find out if that was the proper way to do it.

    I purchased each time a company had a flop release or major issue that wasn't bad enough to actually close these larger company's since eventually, they do recover from it.
    May not have been the best but even with small things I have been doing the same and doing well. Seems like a bad idea for those that actually make a living off of this though.


    If I had the money I wouldn't mind learning as much as possible relating to anything to this. Although, if I could I would probably find a college that as a lot of options to choose from and go through every single academic offering for the rest of my life.

  4. #29
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    Quote Originally Posted by techjr View Post
    <snip> I purchased each time a company had a flop release or major issue that wasn't bad enough to actually close these larger company's since eventually, they do recover from it.
    May not have been the best but even with small things I have been doing the same and doing well. Seems like a bad idea for those that actually make a living off of this though. <snip>
    That's actually pretty logical if you believe in the company and its long-term prospects.

    -mike
    Mike G. - Limestone Networks - Account Specialist
    Cloud - Dedicated - Colocation - Premium Network - Passionate Support
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  5. #30
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    May 2008
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    Quote Originally Posted by Mike - Limestone View Post
    That's actually pretty logical if you believe in the company and its long-term prospects.

    -mike
    2nd attempt.

    $4410.
    Attached Thumbnails Attached Thumbnails Screen Shot 2012-02-15 at 12.33.33 PM.png  

  6. #31
    Join Date
    May 2011
    Posts
    493
    thanks for sharing that game.

    i cant help but think "oh if only it was that simple" then i realise that that is an 8 week 'simulation' compressed down into a few minutes. 10 games is close to 2 years of 'real time' trading-> if we spent all day every day for 2 years looking at pattern trends across several stocks, then odds are we too would be able to pull in a few $$$ as well.
    .

  7. #32
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    Nov 2007
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    Quote Originally Posted by Mad_matt View Post
    thanks for sharing that game.

    i cant help but think "oh if only it was that simple" then i realise that that is an 8 week 'simulation' compressed down into a few minutes. 10 games is close to 2 years of 'real time' trading-> if we spent all day every day for 2 years looking at pattern trends across several stocks, then odds are we too would be able to pull in a few $$$ as well.
    There is also something to be said for not checking the market every minute of every day. Some of the successful traders of the 20th century (particularly 1940s and 1950s era) referenced primarily trading based on patterns spanning several days/weeks. This also partially stops the notion of cutting short gains to lock in profit.

    As has been said: "In the end, to their detriment, people are always risk-averse toward gains, but risk-seeking toward losses."

    -mike
    Mike G. - Limestone Networks - Account Specialist
    Cloud - Dedicated - Colocation - Premium Network - Passionate Support
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