Lusternia Stock Market Game!

by Tekora

Back to The Real World.

Tekora2006-12-20 04:47:32
The brainchild of stock market discussion on the IRC, we've opened a mock stock market game on this site.

To join, you'll need to register, then join the game using this information.

Game ID: Lusternia
Game Name: Lusternia Private Game
Password: estarra

First person to turn their $5,000 $10,000 into $1,000,000 wins!

Edit: Sorry about that folks. Anyone who joined the game has to rejoin, I messed up the start date.
Gelo2006-12-20 05:02:49
It says the system is temporarily available. losewings.gif
Acrune2006-12-20 05:13:18
Try again, Tekora took it down for a sec to fix something.
Ildaudid2006-12-20 06:05:12
what is a duration says I can do a day a week or something else, and I cant find info on the duration and what it means??
Gelo2006-12-20 06:58:07
I made some trades which I dont think I should have done. I think I'm gonna go broke within the first week. sad.gif
Deas2006-12-20 07:17:06
The markets are not open yet so you can cancel. My Portfolio->Orders and cancel any order you want.
Deas2006-12-20 10:06:19
QUOTE(Ildaudid @ Dec 20 2006, 09:05 AM) 364637

what is a duration says I can do a day a week or something else, and I cant find info on the duration and what it means??


http://vse.marketwatch.com/Game/Help/Rules...adingRules.html

That one should help.
Ildaudid2006-12-20 22:33:30
Thanks, I'm down 2% in last place now, damn Clise is bidding HP and making money.... But I am all about other ones..... they will gain and I will win!!! muahahaha!!!!!!
Daganev2006-12-20 22:43:51
QUOTE(Ildaudid @ Dec 20 2006, 02:33 PM) 364822

Thanks, I'm down 2% in last place now, damn Clise is bidding HP and making money.... But I am all about other ones..... they will gain and I will win!!! muahahaha!!!!!!


Wow... back in 8th grade, (over 10 years ago now... damn) we did the stock market game, and the person in our class who won, bid on HP and Procter and Gamble.
Unknown2006-12-21 00:02:19
I call Martha Stewart!

Unknown2006-12-22 06:41:20
Mwuhahaha. I'm in third just by joining...
Deas2006-12-22 15:43:26
Heres few hints for starters:
1. Don't attempt to do day trade unless you know what are you doing(theres 20 mins delay for an order to get executed)
2. Scalping (small gains by buying and selling really quick) shouldn't be even considered, because of the reason above.
3. If you still want to do short term investments then your best bet is to ride a wiggle(riding a positive/negative wave for few days)

Few tools are available to you, except the normal buy/sell
1. Sell short - borrow stocks(from somewhere) and sell them. Usualy used to protect yourself from loses if a stock you own started to crash or to profit from a negative wiggle. At one point you will need to "buy to cover"(return the borrowed stocks), so be sure that you have money to do so.

2. Sell limit - Sell a stock when it goes above the wanted price.
3. Sell stop - Sell your stocks when they go below some price

(checks will be made every 20 minutes until it meets the requirements)

Hope that it will help someone.
Ildaudid2006-12-22 20:46:01
What I am not understanding it this; why when I buy shares and they do not increase or decrease is it costing me 10.00 a day to even own the shares? I paid the 9.95 to make the buy, what is this hidden crap that is causing me to lose 10.00 a day to it?
Symbol--Qty--Type--Change---Mkt Value------Last---------Cost--------Gain/Loss----%Equity
XXXX___xxxx__L___+0.00___$xxxx.xx___$xxx.xx___$xxx.xx_____-$40.00_____9.22
Deas2006-12-22 21:03:50
It's not a hidden cost. It's how much you gained on this stock, in this case -$40.00.

The "change" is reset each day, so it's better to compare the current price to the price you paid for it (Last and Cost).
Ildaudid2006-12-22 22:34:35
Ahh but I spent .09 cents on this stock and it has remained a steady .09 cents since I have bought it, and it still is .09 cents, that is why I dont understand each day I lose 10.00 to it?
Deas2006-12-22 23:42:44
Well, you bought 10k of that stock and i guess that the actual price could be something like 0,093 and when it dropped to 0,092 you left with -$10
Xavius2006-12-23 00:25:38
Ow. Today hurt. sad.gif
Unknown2006-12-23 00:51:40
When do I want to sell my stock, like today somethings up 1.51% and another is up .48% so I made around 151 dollars...