Game Link: http://www.marketwatch.com/game/altruism...ey-machine
Password: TheCakeLies
It's a game that tries to match the real market as closely as possible. The game works by updating the virtual prices to match the real market prices by a 5 minute delay iirc. For learning purposes, you can see what other people invest in and see how well it goes for them. Everyone starts with $1000 in virtual cash, and they can borrow another $1000 if they are willing to pay interest on it (Not really recommended). For each stock transaction, buying or selling, it costs virtual $10. No real money is involved, it's just for fun and/or practice. The game starts today, May 27th, and ends next month, June 27th.
Some tips:
Password: TheCakeLies
It's a game that tries to match the real market as closely as possible. The game works by updating the virtual prices to match the real market prices by a 5 minute delay iirc. For learning purposes, you can see what other people invest in and see how well it goes for them. Everyone starts with $1000 in virtual cash, and they can borrow another $1000 if they are willing to pay interest on it (Not really recommended). For each stock transaction, buying or selling, it costs virtual $10. No real money is involved, it's just for fun and/or practice. The game starts today, May 27th, and ends next month, June 27th.
Some tips:
- Don't log in with real info, the website doesn't use SSH for some reason.
- The market is only open monday to friday, 9:30 a.m. to 4:00 p.m. EST. You can queue a transaction for when the market is open again, but until then, nothing happens.
- Don't panic if you are in a negative right off the bat. Paying the transaction fee for buying will immediately put you in the red until your stock prices rise. Selling stocks costs $10, which may make the problem worse, not better.
- Again, buying stocks costs $10, so trying to get quick cash by day trading won't work well, especially since $1000 way too small to day trade with.
- Don't be afraid to ask for help. Voltz and I have played the game once, and we both made money somehow. IDK if Voltz is participating this time, but I'm sure other players have good advice too
- There are no rules besides the ones marketwatch imposes. Get rekt son!
Any advice on how to succeed, or is your plan top secret?