MarketWatch Investing Game anyone?

In reply to ProDarwin:

How would you define should be?

I have been really lucky in this game. I short if something negative is said and buy if something postitive is said. I got in early on Starbucks before a likely good quarterly report and rode them through the split. That is the only reason I am even still in it.

Flight Service wrote: How would you define should be?

Tough call. But right now I expect the DOW to stay around 18 or higher.

I wanted to take a few days to be able to be able to phrase the question properly so here we go.

I understand the Dow being around 18,000 +/-, but how do you capitalize on market fluctuations like that? Are there particular stocks that you are trading that follow the trend? I know in the real world you can get mutual funds that hold the DJIA, S&P 500, MID CAP, SMALL CAP, etc. so you can truely own the market, but how do you do that with singular stocks.

I get a down turn you would short look for a start to a market correction and then cover and buy and then just sell at the top. in theroy making money on both sides.

How would you do that with singular stocks?

I hope that is clear

Edit: On a personal note I am using this game for practice for the real world.

You can buy funds in this game, you just have to know the ticker symbol.

Flight Service wrote: I wanted to take a few days to be able to be able to phrase the question properly so here we go. I understand the Dow being around 18,000 +/-, but how do you capitalize on market fluctuations like that? Are there particular stocks that you are trading that follow the trend? I know in the real world you can get mutual funds that hold the DJIA, S&P 500, MID CAP, SMALL CAP, etc. so you can truely own the market, but how do you do that with singular stocks. I get a down turn you would short look for a start to a market correction and then cover and buy and then just sell at the top. in theroy making money on both sides. How would you do that with singular stocks? I hope that is clear Edit: On a personal note I am using this game for practice for the real world.

Find a ETF for the fund.

I.E. the Vanguard S&P 500 mutual fund VFINX is traded on the exchange like a normal stock under VOO.

FWIW, I don't short the market. I just capitalize when things are on sale :) Also, I don't do this in the real world - When you subtract a few zeros the trading fees become more of a problem. And the whole my-retirement-is-at-risk thing.

That said, the funds I own in the game reflect my real world portfolio.

I learned a new trick today. Bye bye CEO you short, look for the bounce, then long short the wave a couple times till you make $20k

Saw a news article the other day that tells me that I'm going to lose this game pretty hard and there's nothing I can do about it. You'll see why afterwards.

I saw a very similar article. I won't be effected

GameboyRMH wrote: Saw a news article the other day that tells me that I'm going to lose this game pretty hard and there's nothing I can do about it. You'll see why afterwards.

Did it say "Newsflash! You are in 23rd place, you are going to lose!"?

I've been pretty consistently top ten despite only making 4 trades and spending $400K, not the full million. I'm pretty OK with that .

Decided to roll the dice and commit the rest of my money this week, we'll see how I do.

Flynlow wrote: I've been pretty consistently top ten despite only making 4 trades and spending $400K, not the full million. I'm pretty OK with that . Decided to roll the dice and commit the rest of my money this week, we'll see how I do.

I played like that until recently. But then I figured "It's not real money, so why not put it all in and see what happens?"

Is this still open for additional people? If not, I'm definitely interested for the next season....

Get in now. I got in 6 weeks ago and am knocking on the top five. The best is you start middle of the pack from all the guys loosing money.

Lot's of red on the board today so, it is a good time to start buying soon.

well that was a fun 2 days

Wu Tang is set in a longer term setup that is what got me to the top......because I can't really make changes from work anymore.

In reply to yamaha:

My decisions are made the morning of and I can crank them out on my phone.

I went all cash over Memorial Day weekend. To much crap going on in the world to trust fanatics wouldn't do something crazy. I never realized it would be Greece saying "oops, we can't pay our bills in 10 days".

After that, I went short on everything, and bought long on the exact same things this morning. Made about 5.5% between the two days.

In reply to yamaha:

No matter who wins this, WuTang is already the winner. Just for being WuTang

Looks like a down market today. China just dropped. Tomorrow should be good. time to bring out the short etfs

Not as active as I would have hoped but I am closer to the Professional Evolver...

I will get you my pretty

Giggle....

DILYSI Dave wrote: Giggle....

ProDarwin wrote: Holy E36 M3 Dave.

Again.

Apparently with imaginary money I'm a hail mary trader.

Damn Dave. That was impressive.

Weeeeee, today was fun and unexpected.

You had a good day. I'm looking forward to the end to find out who had what and why.