I truly hate this game… FSLR was down around 203 this morning and I had a few limits that never got hit. Finally I just put in a market and it didn’t get filled until 208.58. What a crock. I don’t have the time to watch the game from 9:30-4:00 trying multiple orders that will never get filled. Anyone figure out how to get a fair sell order in yet?
I think the major one people are running into is trading a stock that is thinly traded. The game actually looks at trade size to have it match up with actual trades. So I think people are running into that.
Second is the price and time. If you have a better idea of the true price I think it works better. Sites like yahoo and cbsmarketwatch are 15 to 20 minutes behind the actual price. Then throw in the 20 minute delay on trades and you are looking at a 40 minute lag time. You need a site that will give you live quotes. Usually your brokerage site will have it. That has helped me out alot. Also don’t shoot for the stars. I have eased off on some of my prices to trigger the trade. You usually end up getting better than what you put in.
I truly hate this game… FSLR was down around 203 this morning and I had a few limits that never got hit. Finally I just put in a market and it didn’t get filled until 208.58. What a crock. I don’t have the time to watch the game from 9:30-4:00 trying multiple orders that will never get filled. Anyone figure out how to get a fair sell order in yet?
I think the major one people are running into is trading a stock that is thinly traded. The game actually looks at trade size to have it match up with actual trades. So I think people are running into that.
Second is the price and time. If you have a better idea of the true price I think it works better. Sites like yahoo and cbsmarketwatch are 15 to 20 minutes behind the actual price. Then throw in the 20 minute delay on trades and you are looking at a 40 minute lag time. You need a site that will give you live quotes. Usually your brokerage site will have it. That has helped me out alot. Also don’t shoot for the stars. I have eased off on some of my prices to trigger the trade. You usually end up getting better than what you put in.
True, but I had a price set that was a few dollars higher and the opening price that I set LAST NIGHT and it didn't execute this morning. Of course the market order executed about about the crappiest time that it could.
welcome to my World…I left $83,740 on the table trying to cancel orders that would not fill…only to have them fill late by a mile…as usual…I can just picture the Hamsters that VSE has powering this high tech system…
i dunno but did you feel that rush of air as I blew by you today? sorry, I am not one to gloat, but just had to respond to your previous posts. lots of time left for me to F it up though…
Fritz is hanging onto that Wachovia position, as are a few others in this game.
One thing this game allows you to do is learn about shorting stocks. I wouldn’t do this with my own money nor would I make a ton of trades in a given day. Having this “play” money makes it fun.
Yea, just like on-line poker with “play” money. A perfect way to develop bad habits and “chase cards” because it’s not real.
In real life, conservative investing can be very boring. But why join a game to be bored?
I’ve been in for like 4 days and am already looking for the home run because it’s “play” money.
This morning I wanted to see what would happen if I placed an order at 9:10. With the 20 minute delay I wanted to see how long it would take to execute.
I’m glad I didn’t take a big swing because I’m taking a beating on it.
I am looking forward to having fun with this game…and am having a blast so far. up and down and up and down.
Y’all better be glad I didn’t hang onto TMA from yesterday. my 1 million + shares would have been up another $1.20 plus!
EDIT to add: TMA recently peaked at $3.03…whoa! then $3.44!
I’ve been in for like 4 days and am already looking for the home run because it’s “play” money.
greg1, because this is a game it will be won or lost by the “home run” plays. use your leverage and you can win or lose a lot in short order. the markets these days are a trader’s market and those that trade more than invest will make or break it on this game.
your WaMu and Goldman positions will prolly be good for the long haul, but seeing how you have played recently I can’t see you staying in those positions for very long…get a pop then get out right?