Hello everyone,
Little story first.
A friend of mine wanted to become a day trader. He asked me if I could help him as I used to be a stock broker. So I asked him if he knew anything about buying and selling stocks, well he didn't. I didn't go into the details so I set up a game for the both of us to play. Now, I waited for the perfect timing as the stocks were on a free fall (Did a little research on past down market). We decided to use $1,000,000.00 to start with. So I went on to buy some stock and didn't much care which one it was and he went on to buy what ever he thought was good. A few other people joined as well. At one point I was in last place with less then $450,000.00 and they were all making fun of me, but being patient in a down market is crucial so I waited. Now my friend is in last place and everybody seemed to have lost interest in the game
. Little do they know, things have gotten a little better now. I went from less then $450,000.00 to over $7,000,000.00 in less then a year
. If anyone wants to join the game here is the site:
http://vse.marketwatch.com
Game ID: Brasilian (All the current players are from Brasilians)
Password: Corinthians (My friend's soccer team)