Author Topic: Aces High Stock Market Game... (Read 9554 times)

Mustaine · « **Reply #75 on:** June 12, 2006, 12:15:20 PM »

Quote

Originally posted by Jebus
What the hell did you say:huh

start here:

http://www.marketwatch.com/pf/started/gettingstarted_stocksintro.asp?siteid=VSE

explaining stop losses and all. read bear and bull stratigies.

trying to do a short buy on something i think is going to go down, but can't translate all the terminology from marketwatch to how it is used in VSE....

waffle, i want a stock thats @ 16 and do a buy when it hits 10. how would i set that in VSE's trade window?

Sixpence · « **Reply #76 on:** June 12, 2006, 12:17:17 PM »

What's a day order?

Waffle · « **Reply #77 on:** June 12, 2006, 12:23:08 PM »

select "sell short" - enter shares. If you want to buy it now - click market price. Make that a day order (processed asap) Then set another order - buy - same stock - same amount of shares - set limit price...enter how much you want to pay to buy it back. make the buy order good untill cancelled.

Nash - if a stock is steadily tumbling and folks are buying - there will be an "up-tick"...if the stock is plumbitting and everyone selling - theres no way to get in on a short sell, unless you catch it before it bottoms out - or if people show interest in the stock and it moves up a bit mid fall.

Jebus · « **Reply #78 on:** June 12, 2006, 12:23:15 PM »

I think Waffle is a Ringer!:noid

Mustaine · « **Reply #79 on:** June 12, 2006, 12:31:54 PM »

Quote

Originally posted by Waffle BAS
select "sell short" - enter shares. If you want to buy it now - click market price. Make that a day order (processed asap) Then set another order - buy - same stock - same amount of shares - set limit price...enter how much you want to pay to buy it back. make the buy order good untill cancelled.

Nash - if a stock is steadily tumbling and folks are buying - there will be an "up-tick"...if the stock is plumbitting and everyone selling - theres no way to get in on a short sell, unless you catch it before it bottoms out - or if people show interest in the stock and it moves up a bit mid fall.

thanks, thought there would be a way to do it in 1 order that i was missing.

kind of weird we can see what each other is buying.

BTW dont pay attention to my trades, just testing the waters for the first week to get a feel for the system

Nash · « **Reply #80 on:** June 12, 2006, 12:35:54 PM »

Thanks Waffle! That makes a bit more sense to me.

Waffle · « **Reply #81 on:** June 12, 2006, 12:41:29 PM »

Who said this was going to be a gross waste of time.....lol

they were right!

StarOfAfrica2 · « **Reply #82 on:** June 12, 2006, 12:59:14 PM »

Hey hey, go Waffle! Up 2k so far today lol. Waffle is the man to beat it seems.

lukster · « **Reply #83 on:** June 12, 2006, 01:23:20 PM »

Looks like we have several late starters. At least they'll get some interest on their money.

Jebus · « **Reply #84 on:** June 12, 2006, 01:37:50 PM »

How come i said sell short, and none of my stock has been sold? God i dont knw what i am doing. I will loose that 100k. Watch

lukster · « **Reply #85 on:** June 12, 2006, 01:46:39 PM »

Quote

Originally posted by Jebus
How come i said sell short, and none of my stock has been sold? God i dont knw what i am doing. I will loose that 100k. Watch

Easy come, easy go.

Takes 20-30 mins to process an order.

Jebus · « **Reply #86 on:** June 12, 2006, 01:59:09 PM »

I did the order over an hour ago

lasersailor184 · « **Reply #87 on:** June 12, 2006, 02:51:30 PM »

There are big winners and big losers on the first day alone. Waffle is up a couple grand. But Fury is down 4,200 after 12 transactions.

Btw, it keeps track of how many transactions you have. Everyone who doesn't make one is not in the running.

Mustaine · « **Reply #88 on:** June 12, 2006, 02:59:36 PM »

Quote

Originally posted by lasersailor184
...But Fury is down 4,200 after 12 transactions....

thats where investing in Pfizer and Merck will get ya

not that i am anything to talk about rofl.

GRRRRR

market closed, 1 1/2 hour ago all of my stocks were "up" and was in 2nd place.

StarOfAfrica2 · « **Reply #89 on:** June 12, 2006, 03:13:20 PM »

Funny, I thought Sirius was my biggest gamble, but while it finished down for the day it wasnt bad. And I bought twice as much of it as I did the more expensive stocks. I expect it to come up tomorrow.

My biggest loss for the day was Ebay, and I expected it to be pretty steady. Go figure.

Biggest gain for the day was the one I expected to be the slowest gainer, Coke. It almost offset all my losses on the other stocks by itself. I expected it to do well, but this was a surprise.