3rd Annual Aces High Stock Market Game!

[crockett]

Seems there is insane amounts of money? There IS insane amounts of money to be made.. Money makes money, but the more you have the more you make..

1% of $10K is $100
1% of $1M is $10K

Just imagine your 40% one day gain on $10 million dollars.. 

To some in this world, thats just pennies.. To people like us, its more money then we can fathom..

Na there is a limit to how much can be moved in and out of a stock with out affecting it's price. You would likely have to move into the big high priced funds to move that kind of money.

[xNOVAx]

Oh I realize that, I was just speaking hypothetically.. $10M dumped into one stock will surely make it move but I wasnt necessairly saying that..

One thing I dont really like about these games is the ability to buy millions of shares of a company at a specific price, or the ability to buy more shares than daily volume should typically allow..

[lasersailor184]

Seems there is insane amounts of money? There IS insane amounts of money to be made.. Money makes money, but the more you have the more you make..

1% of $10K is $100
1% of $1M is $10K

Just imagine your 40% one day gain on $10 million dollars.. 

To some in this world, thats just pennies.. To people like us, its more money then we can fathom..

What's the best way to make a large fortune?



Start out with a small fortune.

[crockett]

Oh I realize that, I was just speaking hypothetically.. $10M dumped into one stock will surely make it move but I wasnt necessairly saying that..

One thing I dont really like about these games is the ability to buy millions of shares of a company at a specific price, or the ability to buy more shares than daily volume should typically allow..

Well yea for the real low priced stocks I'd say that's a problem.. However the big board stocks seem to be fairly accurate because I've been checking the volume as I made my buys & sales to see if it would have been a legit real life transaction.

Take my sell @ 1:56PM today of 20k shares of FRE.

You can't get a accurate price of each share bought or sold by the charts because they average the two prices, but the volume from 1:54 was 137,502 and at  2:00 it was 286,043..  So that's a hell of a lot of shares bought and sold in that 6 mins,
so you have to assume they would have been able to sell 20k shares.

http://finance.aol.com/quotes/federal-home-loan-mortgage-corporation/fre/nys

If we had access to real time level 2's then we could see the exact amount of volume of each buy and sell and the exact price, but overall I think it's fairly accurate. The biggest issue is the 15 min lag time.

[crockett]

What's the best way to make a large fortune?



Start out with a small fortune.

I thought it was ...

What's the best way to make a small fortune...

Start with a large one..

 

[Donzo]

MT....remember to hit "O" to open your chute 

[rpm]

At least my profit ratio is better than my k/d ratio.

I seem to bat .500 on stocks that make me money.

[lasersailor184]

MT....remember to hit "O" to open your chute 

   First to last, in a week?  I don't think he wants to open a chute.

[midnight Target]

Ooops!

I guess it is better to be good than lucky.

[ROX]

Can't speak for you folks but...


.......a picture speaks a thousand words.










ROX

[ariansworld]

Apple looks like it has bottomed out for the day, now might be a good time to buy.

[crockett]

Can't speak for you folks but...


.......a picture speaks a thousand words.





(Image removed from quote.)




ROX

lol how quickly it comes and goes... I have been playing FRE on the bounces pretty good. Made another 30k yesterday that put me in 1st place for awhile (had $160k).. I bought on a dip again and then the bottom fell out.. had a loss of 70k at one point this morning..I'm only down 50k or so now.. 

It will come back in a day or two because the stock dipped from a high of 10.48 yesterday down to 7.00 today and there really wasn't any bad news to support the dip. Just typical hysteria trading once it dips a bit too far all the tards start panicking and selling.. That was the play of the day if I would have been on the other side of it.. 

btw good thing this is a game or I'd be getting one hell of a margin call right about now.. 

[lasersailor184]

Damn.  The one time I didn't get unlucky and have the trade go through at the wrong time I went from a $4,000 net gain to $700 net gain. 

While that's peanuts compared to what you people make off of the $0.0025 stocks, I think it was a pretty good mild risk trade.

[crockett]

Damn.  The one time I didn't get unlucky and have the trade go through at the wrong time I went from a $4,000 net gain to $700 net gain. 

While that's peanuts compared to what you people make off of the $0.0025 stocks, I think it was a pretty good mild risk trade.

Screw the .0025 trades.. all my trades have been on $5+ stocks (with the excepton of Ford). I decided not to do any trading on those .000's because it's not gonna be realistic in this game. I managed to get to 1st place for a very short time but I did it on big board only stocks.

[Donzo]

Screw the .0025 trades.. all my trades have been on $5+ stocks (with the excepton of Ford). I decided not to do any trading on those .000's because it's not gonna be realistic in this game. I managed to get to 1st place for a very short time but I did it on big board only stocks.

Damn crockett, you were the one that planted the seed of lowering the minimum stock price in laser's head.  He did it and now you are going play down trading the .000's and take the "high road" by only trading bid board stocks?