Off Topic Discussion
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Whats the best Virtual Stock Market Site?
DJBlisk
6:11 PM 29 October 2007
I'm gonna get into some day trading but I wan't to practice for a bit first. I googled virtual stock markets and that shit came up with hundreds of hits. Do any of you guys use them?
dirtbag filthy
7:55 PM 29 October 2007
i use this one but it kinda sucks cause there is a 20 min. trade delay...guess its alright for free
vse.marketwatch.com
vse.marketwatch.com
DVDjHardy
8:21 PM 29 October 2007
I am on one that's on Facebook - its the bomb! The same fantasy market that is through www.hedgestop.com
SSL game would be sweet...I'm rich, bitch!
SSL game would be sweet...I'm rich, bitch!
dirtbag filthy
8:30 PM 29 October 2007
lol greed is good....wish i would of looked into being a broker when i lived in nyc...dudes are kinda scummy though
lets do this
youtube.com view
lets do this
youtube.com view
bourbonstmc
1:34 AM 30 October 2007
You can set up a portfolio here and track how you perform vs. the market and other players:
caps.fool.com
caps.fool.com
dirtbag filthy
2:16 AM 30 October 2007
ha are you a broker bandoma you scummy bastid ?
i was talkin about the nycwall street stock brokers...most of the ones i knew weren't dudes to be trusted
i was talkin about the nycwall street stock brokers...most of the ones i knew weren't dudes to be trusted
bandoma
2:21 AM 30 October 2007
LOL...naw im not a stock jockey but i deal with investments.
trust me, i can be trusted :P
trust me, i can be trusted :P
DJ_Motion
9:10 PM 30 October 2007
if you want to day trade then take some online tutorials thru charles schwab, fidelity, or scottstrade.. ameritrade too... I don't know what your goal is in the beginning but these tutorials are good to learn how to utilize the tools their websites provide you. I use fidelity on a daily basis and their tutorial really helped me for the reason stated above... if you have questions you can pm me and I'll be glad to help.
DJBlisk
9:12 PM 30 October 2007
Quote:
if you want to day trade then take some online tutorials thru charles schwab, fidelity, or scottstrade.. ameritrade too... I don't know what your goal is in the beginning but these tutorials are good to learn how to utilize the tools their websites provide you. I use fidelity on a daily basis and their tutorial really helped me for the reason stated above... if you have questions you can pm me and I'll be glad to help.thanks Motion. I wanna get into it as a hobby!
DJ Autograph
9:37 PM 30 October 2007
Quote:
lol greed is good....wish i would of looked into being a broker when i lived in nyc...dudes are kinda scummy thoughlets do this
youtube.com view
Scummy does not even begin to describe it. First hand knowledge
I'm in for a game though.
DJ_Motion
10:49 PM 30 October 2007
I started out doing trading every so often and got some good money out of the few times I did it... then that's when it all began...In order to keep a tight grip on the market as a day trader, you're going to find yourself glued to the "scoreboard" or screen for that matter... The best advice I could give you, which is my opinion for those whom are more experienced than I am, is to pick a few stocks and watch them and how they react to periods of the year. To become good at this 1)luck 2)study the company 3)don't blink.
Really though, this is a scenario that happened to me... I have about 50-60 different companies that I watched for 3-6 months so I know the high's and low's dollar wise of the company. I noticed Company XX's low was around $22 so I'd buy in whatever extra cash I had then I know that the possiblity of it reaching $32 dollars in mid april was very very high but I know that it sits (averages) around $25 and change. The reason I know this i.e. is school starts in oklahoma in august so hint hint revenue's go up and bam ... but I only mess with XX company in that quarter because it's nickel and dimes for the rest of the year... So what I'm getting at is don't expect to get rich of one trade, although I did mention luck, be patient and watch the numbers closely , be familiar with the highs and lows and trade on that... I hope that makes some sense...
Really though, this is a scenario that happened to me... I have about 50-60 different companies that I watched for 3-6 months so I know the high's and low's dollar wise of the company. I noticed Company XX's low was around $22 so I'd buy in whatever extra cash I had then I know that the possiblity of it reaching $32 dollars in mid april was very very high but I know that it sits (averages) around $25 and change. The reason I know this i.e. is school starts in oklahoma in august so hint hint revenue's go up and bam ... but I only mess with XX company in that quarter because it's nickel and dimes for the rest of the year... So what I'm getting at is don't expect to get rich of one trade, although I did mention luck, be patient and watch the numbers closely , be familiar with the highs and lows and trade on that... I hope that makes some sense...
DJ_Motion
10:52 PM 30 October 2007
mid april = mid august
If you are doing it as a hobby and don't have the time to be glued to the screen then learn the different types of trades i.e. market, limits, trails etc... that way those "restrictions" can work for you while you are away from the scoreboard.
If you are doing it as a hobby and don't have the time to be glued to the screen then learn the different types of trades i.e. market, limits, trails etc... that way those "restrictions" can work for you while you are away from the scoreboard.
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