Comments on: MakeYouGoHmm Virtual Stock Exchange Week #6: 189 days left http://www.makeyougohmm.com/20060626/3496/ Technology, music, video, art, news, reviews and muse on the web Thu, 20 Nov 2008 12:19:05 +0000 http://wordpress.org/?v=2.2 By: Gastby http://www.makeyougohmm.com/20060626/3496/#comment-194102 Gastby Wed, 28 Jun 2006 03:43:09 +0000 http://www.makeyougohmm.com/20060626/3496/#comment-194102 Notice how i only short sell? one has to pay a 'rent' to short shell, yet i didn't pay any rent at all. And there's no limit to how much money you can lose. I would add a feature that would force you to sell your stocks before a certain loss, but since that margin varies greatly in real life depending on the particular broker, it's somewhat impractical to achieve. Due to the high risk of day trading, no one should day trade with a porfolio of less than 25000, which is against regulations in real life. If stockzilla wakes up again, i'll show him my tuition bill and he'll pass out in no time. Notice how i only short sell? one has to pay a ‘rent’ to short shell, yet i didn’t pay any rent at all. And there’s no limit to how much money you can lose. I would add a feature that would force you to sell your stocks before a certain loss, but since that margin varies greatly in real life depending on the particular broker, it’s somewhat impractical to achieve. Due to the high risk of day trading, no one should day trade with a porfolio of less than 25000, which is against regulations in real life.

If stockzilla wakes up again, i’ll show him my tuition bill and he’ll pass out in no time.

]]> By: TDavid http://www.makeyougohmm.com/20060626/3496/#comment-194036 TDavid Tue, 27 Jun 2006 19:24:16 +0000 http://www.makeyougohmm.com/20060626/3496/#comment-194036 If you were to design a more authentic VSE, what features would you include, Gatsby? If you were to design a more authentic VSE, what features would you include, Gatsby?

]]> By: Gatsby http://www.makeyougohmm.com/20060626/3496/#comment-194017 Gatsby Tue, 27 Jun 2006 18:26:25 +0000 http://www.makeyougohmm.com/20060626/3496/#comment-194017 Furthermore, this game's actually very different from real life. there are far more regulations and complications in the stock market, differenct restrictions apply to people with different style ie day traders must have 25000; and don't even get started on how inaccurat short selling is, where's the rent? the margin call? Furthermore, this game’s actually very different from real life. there are far more regulations and complications in the stock market, differenct restrictions apply to people with different style ie day traders must have 25000; and don’t even get started on how inaccurat short selling is, where’s the rent? the margin call?

]]> By: Gatsby http://www.makeyougohmm.com/20060626/3496/#comment-193941 Gatsby Tue, 27 Jun 2006 14:22:04 +0000 http://www.makeyougohmm.com/20060626/3496/#comment-193941 It's impressive stockzilla is able to make 15% return with only 4 transection. Had we started out with a more realistic amount, let's say 10,000 max, or a few thousands, the commission fee alone would've draged me down. If you have a positive return then you can comfort yourself in that the vast majority of people who get into stocks lose money. I don't know how that's possible, since the chances of price going up or down is 50-50, if you just bought randomly you shouldn't've lost. But some human factor made sure that people buy high sell low. Have fun all and contribute your exprience in this forum please. It’s impressive stockzilla is able to make 15% return with only 4 transection. Had we started out with a more realistic amount, let’s say 10,000 max, or a few thousands, the commission fee alone would’ve draged me down. If you have a positive return then you can comfort yourself in that the vast majority of people who get into stocks lose money. I don’t know how that’s possible, since the chances of price going up or down is 50-50, if you just bought randomly you shouldn’t've lost. But some human factor made sure that people buy high sell low. Have fun all and contribute your exprience in this forum please.

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