The Stock Exchange Game 2012

Team Brian GB · 9th February 2012, 18:47

Begins at 14:30 GMT on Friday afternoon.

Redcafe 2012 - Free stock market game - MarketWatch.com
Password: redcafe

You know the drill, go to the link, sign up, etc. etc.

To make it more interesting I have upped the initial starting funds to $1,000,000 and have extended the ending date to 31st May making it easier to both go very far and do very badly, to allow stock values to mature overtime etc. and to allow you to drop in and out and what have you.

Last year's thread: The Redcafe Stock Exchange Game III - redcafe save me from the summer

rednev · 9th February 2012, 19:03

I didn't do this last year. Does it take a lot effort to get the hang of it?

Hectic · 9th February 2012, 19:04

Yes, it's happening.

Stanley Road · 9th February 2012, 19:07

I just bought greece

What should i do with my other $999,999?

Damien1990 · 9th February 2012, 19:07

I signed up for the last one. Had no idea what I was doing, traded some shares and after a few days saw I was pretty much bottom so left the game alone after that

It's a shame they've changed the site. Would have been interesting to see how I finished back then.

Big-Red · 9th February 2012, 19:15

Love these games

Team Brian GB · 9th February 2012, 19:15

Quote:

Originally Posted by Stanley Road

I just bought greece

What should i do with my other $999,999?

Nice.

Scrumpet · 9th February 2012, 19:16

I played last year. Things were going horribly until someone explained the concept of short selling.

Team Brian GB · 9th February 2012, 19:18

Quote:

Originally Posted by rednev

I didn't do this last year. Does it take a lot effort to get the hang of it?

The benefit of doing games based on the NYSE is that stock markets tend to follow the lead of stock markets that open earlier in the day which helps in the learning curve. Just read the top line stories on the FT or WSJ sites and you'll get the drift.

One of the benefits over last year is that all the information and trading is in realtime, last year there was a twenty minute delay.

Team Brian GB · 9th February 2012, 19:24

Quote:

Originally Posted by Scrumpet

I played last year. Things were going horribly until someone explained the concept of short selling.

Last year was difficult as it coincided with a period of uncertainty and fear for the US economy meaning that the stock exchange was very jittery and erratic. It coincided with the fears that the United States would default.

Whereas now the US is in an upswing that should result in stability on Wall Street.

Team Brian GB · 9th February 2012, 19:44

I am ploughing into Bank of America and Morgan Stanley - go financials.

MikeUpNorth · 9th February 2012, 19:45

I'm going to buy some trusty shares in Footlocker again. Can't go wrong with shoes.

Team Brian GB · 9th February 2012, 19:47

Quote:

Originally Posted by MikeUpNorth

I'm going to buy some trusty shares in Footlocker again. Can't go wrong with shoes.

I don't recall that going well for you though.

Zarlak · 9th February 2012, 19:51

I did this in college as part of my Business Finance module years ago, will sign up when I get home.

MikeUpNorth · 9th February 2012, 19:51

Quote:

Originally Posted by Team Brian GB

I don't recall that going well for you though.

This year's different Brian. 2012 is the year of the shoe. And the dragon.

Jacob · 9th February 2012, 19:52

I love stocks, however, I have zero knowledge in American ones.

Team Brian GB · 9th February 2012, 19:54

Quote:

Originally Posted by MikeUpNorth

This year's different Brian. 2012 is the year of the shoe. And the dragon.

During the time we were doing this last year Footlooker's share price fell by 50%, since then it has steadily regained its previous value and has gone beyond it.

If it plummets again we'll know why.

Team Brian GB · 9th February 2012, 19:56

Quote:

Originally Posted by Jacob

I love stocks, however, I have zero knowledge in American ones.

One of the reasons I made it go to the end of May is to make it easier for people to get to grips with it and have time to do well.

evra · 9th February 2012, 20:02

I'm in for the third year in a row, although I still know next to nothing about American shares; last year I barely made a 5% return.

Zarlak · 9th February 2012, 20:02

Registered. Didn't get to do last year had other stuff on, but will do it this time round.

December_16 · 9th February 2012, 20:03

Done buying. Having $1m quid of not-real money to spend is infinitely better/easier than managing your own retirement account!

Team Brian GB · 9th February 2012, 20:05

Quote:

Originally Posted by December_16

Done buying. Having $1m quid of not-real money to spend is infinitely better/easier than managing your own retirement account!

Indeed it is, if I was doing this with my actual money my blood pressure would be going through the roof.

rcoobc · 9th February 2012, 20:11

I'm going to not win

Can we invest in other players, if so I'm investing all in Damien. Once he gets the hang of it, it would be impossible for him to lose.

Team Brian GB · 9th February 2012, 20:14

Quote:

Originally Posted by rcoobc

I'm going to not win

Can we invest in other players, if so I'm investing all in Damien. Once he gets the hang of it, it would be impossible for him to lose.

You'll be able to see everybody else's holdings - I can change the settings to make them private though I'd prefer to keep them open.

For reference the other things I can do is delete people and extend/shorten the end date.

MikeUpNorth · 9th February 2012, 20:15

Keep them open, that's the fun.

Team Brian GB · 9th February 2012, 20:18

Quote:

Originally Posted by MikeUpNorth

Keep them open, that's the fun.

That is the idea.

rcoobc · 9th February 2012, 20:19

Those with different names on that site should probably reveal them.

Am I right in thinking we cannot see each others portfolio until the game begins?

Hectic · 9th February 2012, 20:20

Where is mehro?

Team Brian GB · 9th February 2012, 20:21

Quote:

Originally Posted by rcoobc

Those with different names on that site should probably reveal them.

Am I right in thinking we cannot see each others portfolio until the game begins?

You cannot see trades that are pending.

And you are right regarding other names.

I am: gloucs

Team Brian GB · 9th February 2012, 20:22

Quote:

Originally Posted by Hectic

Where is mehro?

I PM'd him about it.

Team Brian GB · 9th February 2012, 20:29

Quote:

Originally Posted by rcoobc

Am I right in thinking we cannot see each others portfolio until the game begins?

Though it does tell you how much money has been committed - for instance Dresilved has put about $125,000 into something.

Team Brian GB · 9th February 2012, 20:34

Excal, you live for this sort of thing don't you? Talk about going deep.

niMic · 9th February 2012, 20:37

I am definitely going to win this.

Excal · 9th February 2012, 20:37

I put money into something. Her name's Katie

And why wait to start making trades? Keeping a cash reserve's a sound real-life investment strategy, but this is a game. You win by having your shit go up (or down, if you've shorted) in value.

adexkola · 9th February 2012, 20:38

I'm going to short sell on defense contractors, with the planned budget cuts

December_16 · 9th February 2012, 20:38

Yeah sorry, my account name there is Staind. Might have to do with the fact that I was listening to one of their songs on Pandora while registering.

niMic · 9th February 2012, 20:41

What the hell is short selling?

Team Brian GB · 9th February 2012, 20:42

Quote:

Originally Posted by niMic

What the hell is short selling?

To cut a long story short, it is betting that the value of a stock will fall.

niMic · 9th February 2012, 20:45

That's a thing? No wonder the world economy is fucked.

Team Brian GB · 9th February 2012, 20:49

Quote:

Originally Posted by niMic

That's a thing? No wonder the world economy is fucked.

Many attributed it to the stock market meltdowns in 2008, across the world authorities banned it at the time to prevent the destruction of corporations.

You can put money on anything on the stock market, I am not sure if you can do it on this game but spreadbetting for instance - instead of putting money into shares you can put money on the index itself for example $1,000 for every point it rises or $1,000 to be paid for every point it drops.

9th February 2012, 18:47	#1 (permalink)
Team Brian GB Baby Cameron loves X-Factor Join Date: Jan 2008 Posts: 16,056	The Stock Exchange Game 2012 Begins at 14:30 GMT on Friday afternoon. Redcafe 2012 - Free stock market game - MarketWatch.com Password: redcafe You know the drill, go to the link, sign up, etc. etc. To make it more interesting I have upped the initial starting funds to $1,000,000 and have extended the ending date to 31st May making it easier to both go very far and do very badly, to allow stock values to mature overtime etc. and to allow you to drop in and out and what have you. Last year's thread: The Redcafe Stock Exchange Game III - redcafe save me from the summer

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9th February 2012, 19:03	#2 (permalink)
rednev Suarez of the year Join Date: Jul 2006 Posts: 18,828	I didn't do this last year. Does it take a lot effort to get the hang of it?

9th February 2012, 19:04	#3 (permalink)
Hectic Join Date: Jun 2006 Location: Mike Phelan WILL kill you. Posts: 6,845	Yes, it's happening.

9th February 2012, 19:07	#4 (permalink)
Stanley Road I.C.F. Member Join Date: Feb 2001 Location: It is better to remain poor than to have been rich and lost it all Posts: 27,376	I just bought greece What should i do with my other $999,999?

9th February 2012, 19:07	#5 (permalink)
Damien1990 Self-Aware Redcafe Database (and poster) Join Date: Mar 2010 Posts: 15,462	I signed up for the last one. Had no idea what I was doing, traded some shares and after a few days saw I was pretty much bottom so left the game alone after that It's a shame they've changed the site. Would have been interesting to see how I finished back then.

9th February 2012, 19:15	#6 (permalink)
Big-Red First Team Sub Join Date: Apr 2009 Location: Crystal Palace(SM League) Posts: 8,676	Love these games

9th February 2012, 19:16	#8 (permalink)
Scrumpet First Team Sub Join Date: Aug 2010 Location: Ipswich Town (SM) Posts: 8,334	I played last year. Things were going horribly until someone explained the concept of short selling.

9th February 2012, 19:44	#11 (permalink)
Team Brian GB Baby Cameron loves X-Factor Join Date: Jan 2008 Posts: 16,056	I am ploughing into Bank of America and Morgan Stanley - go financials.

9th February 2012, 19:45	#12 (permalink)
MikeUpNorth Wobbles like a massive pair of tits Join Date: Apr 2007 Posts: 13,227	I'm going to buy some trusty shares in Footlocker again. Can't go wrong with shoes.

9th February 2012, 19:51	#14 (permalink)
Zarlak 3-0 and you messed it up! Join Date: Apr 2010 Location: 'I see the line, in the sand.... time to find out, who I am...' Soccer Manager - Manchester United. Posts: 15,844	I did this in college as part of my Business Finance module years ago, will sign up when I get home.

9th February 2012, 19:52	#16 (permalink)
Jacob First Team Regular Join Date: Oct 2005 Location: Valencia fanboi Posts: 17,649	I love stocks, however, I have zero knowledge in American ones.

9th February 2012, 20:02	#19 (permalink)
evra First Team Sub Join Date: Nov 2009 Location: If every instinct you have is wrong, then the opposite would have to be right. Posts: 8,037	I'm in for the third year in a row, although I still know next to nothing about American shares; last year I barely made a 5% return.

9th February 2012, 20:02	#20 (permalink)
Zarlak 3-0 and you messed it up! Join Date: Apr 2010 Location: 'I see the line, in the sand.... time to find out, who I am...' Soccer Manager - Manchester United. Posts: 15,844	Registered. Didn't get to do last year had other stuff on, but will do it this time round.

9th February 2012, 20:03	#21 (permalink)
December_16 Arse wiper and cock washer Join Date: Oct 2005 Location: Maybe next May, maybe the one after or the one after that Posts: 5,771	Done buying. Having $1m quid of not-real money to spend is infinitely better/easier than managing your own retirement account!

9th February 2012, 20:11	#23 (permalink)
rcoobc Not as crap as eferyone thinks Join Date: Jul 2010 Location: Corrupting West Brom Posts: 17,206	I'm going to not win Can we invest in other players, if so I'm investing all in Damien. Once he gets the hang of it, it would be impossible for him to lose.

9th February 2012, 20:15	#25 (permalink)
MikeUpNorth Wobbles like a massive pair of tits Join Date: Apr 2007 Posts: 13,227	Keep them open, that's the fun.

9th February 2012, 20:19	#27 (permalink)
rcoobc Not as crap as eferyone thinks Join Date: Jul 2010 Location: Corrupting West Brom Posts: 17,206	Those with different names on that site should probably reveal them. Am I right in thinking we cannot see each others portfolio until the game begins?

9th February 2012, 20:20	#28 (permalink)
Hectic Join Date: Jun 2006 Location: Mike Phelan WILL kill you. Posts: 6,845	Where is mehro?

9th February 2012, 20:34	#32 (permalink)
Team Brian GB Baby Cameron loves X-Factor Join Date: Jan 2008 Posts: 16,056	Excal, you live for this sort of thing don't you? Talk about going deep.

9th February 2012, 20:37	#33 (permalink)
niMic may peace and blessings of God be upon me Join Date: Aug 2006 Location: And I'm all out of bubblegum. Posts: 10,781	I am definitely going to win this.

9th February 2012, 20:37	#34 (permalink)
Excal Chica Time! Join Date: Mar 2010 Location: California in RL, Liverpool in SM Posts: 7,971	I put money into something. Her name's Katie And why wait to start making trades? Keeping a cash reserve's a sound real-life investment strategy, but this is a game. You win by having your shit go up (or down, if you've shorted) in value.

9th February 2012, 20:38	#35 (permalink)
adexkola First Team Sub Join Date: Mar 2008 Location: Brooklyn, Connecticut. Onwards and upwards. "Take me home, United Road." Posts: 9,810	I'm going to short sell on defense contractors, with the planned budget cuts

9th February 2012, 20:38	#36 (permalink)
December_16 Arse wiper and cock washer Join Date: Oct 2005 Location: Maybe next May, maybe the one after or the one after that Posts: 5,771	Yeah sorry, my account name there is Staind. Might have to do with the fact that I was listening to one of their songs on Pandora while registering.

9th February 2012, 20:41	#37 (permalink)
niMic may peace and blessings of God be upon me Join Date: Aug 2006 Location: And I'm all out of bubblegum. Posts: 10,781	What the hell is short selling?

9th February 2012, 20:45	#39 (permalink)
niMic may peace and blessings of God be upon me Join Date: Aug 2006 Location: And I'm all out of bubblegum. Posts: 10,781	That's a thing? No wonder the world economy is fucked.