Timeline for Basic questions about investing in stocks
Current License: CC BY-SA 3.0
9 events
| when toggle format | what | by | license | comment | |
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| Dec 17, 2015 at 10:02 | comment | added | fendermon | The stock picks would be real. Only the money is pretend. My problem with a stock game is that really long periods of time would have to be simulated. The market is too volatile to learn from in the short term. You'll look like a genius one month; the next you'll look incompetent. Maybe with options it would help? | |
| Dec 15, 2015 at 0:25 | comment | added | Dmytro | I get that. I just don't feel virtual stock games would let you have experience with the more frustrating parts of real stock trading. In addition, I can't imagine how a "stock game" would ensure that the experience is authentic, as real life stock trading is full of sketchy situations, and a game would need to deliver those as well to be genuine. Isn't a game programmed to be have in a predictable and expected way and fill the gaps with randomness? Real world's uncertainty isn't "randomly generated". Maybe i'm overthinking it and have no idea what i am talking about. | |
| Dec 13, 2015 at 19:58 | comment | added | Zach Lipton | @Dmitry trading real stock is essentially virtual too, so the experience is very similar. The issue is that, with a $10/trade commission, you need to be prepared to invest (and lose) enough to make it worthwhile. If you put in $100, your investment will have to appreciate 20% before you see any profit. A virtual stock game lets you play with a bigger bankroll without risking your money. It also gives you a chance to decide whether you should be trading individual stocks at all (hint: quite probably not, at least for the bulk of your money). | |
| Dec 13, 2015 at 14:56 | comment | added | Dmytro | Virtual experience is virtual, and I wanted a genuine experience. This experience appears more expensive than I initially thought but probably still worth going through once eventually. Thanks though. | |
| Dec 13, 2015 at 8:51 | comment | added | Zach Lipton | If your goal is to experiment at that scale, you're much better off playing a virtual stock market game (just google "virtual stock market" and you'll find a number of free options) where you can make simulated investments with fake money. That way you aren't risking your own funds and can experiment while you learn more about the market. If you're buying a handful of shares with real money, commissions would likely kill any profit you hope to make. | |
| Dec 13, 2015 at 7:17 | history | edited | fendermon | CC BY-SA 3.0 |
added 391 characters in body
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| Dec 13, 2015 at 7:13 | comment | added | Dmytro | Thanks for confirming. paying $10 to buy a 3 cent stock, then paying $10 to sell it does seem a bit excessive. Discouraging though, makes it hard to experiment in the environment. | |
| Dec 13, 2015 at 7:00 | review | First posts | |||
| Dec 13, 2015 at 9:42 | |||||
| Dec 13, 2015 at 6:57 | history | answered | fendermon | CC BY-SA 3.0 |