Virtual Stock Exchange.....very cool.


HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/14/2006 8:22 pm
Here's a link to Virtual Stock Exchange. It's an online "game" to test your ability as a day trader.

It works just like the real market but is a simulation. Commisions, interest, etc....are factors here.

http://vse.marketwatch.com

If anyone wants to start a Guitar Tricks private game, let me know and I'll start one.......It's a great way to learn the stock market and how it works.
Check out my band:
Havoc Din
# 1
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/14/2006 9:00 pm
Okay, I went ahead and created a game....

Game ID: GuitarTricks (no spaces, one word. Also, caps sensitive, type it exactly like I did here)

Game Password: Gibson

Happy trading.... ;) :D
Check out my band:
Havoc Din
# 2
rockonn91
Registered User
Joined: 01/21/05
Posts: 2,475
rockonn91
Registered User
Joined: 01/21/05
Posts: 2,475
09/14/2006 11:14 pm
oh geez, i did this in middle school way back when. I found one incredible stock which gave me a big edge on everyone else...and then of course the stock crashed.
JK :cool:

-Agile Guitars Enthusiast
# 3
ericthecableguy
Registered User
Joined: 07/09/05
Posts: 1,929
ericthecableguy
Registered User
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Posts: 1,929
09/15/2006 12:06 am
Cool. Im signed up...what do i do? :o
For life is quite absurd and death's the final word, You must always face the curtain with a bow
Forget about your sin - give the audience a grin
Enjoy it - it's your last chance anyhow.

METOOB
# 4
jeffhx
Disco Bandit
Joined: 12/20/05
Posts: 1,929
jeffhx
Disco Bandit
Joined: 12/20/05
Posts: 1,929
09/15/2006 5:16 am
real interesting stuff..im not familiar with stocks at all this cud help..im not exactly sure what im doing but it'll be interesting to see how i progress in there...
[FONT=Impact]grooviest tunes ever [/FONT]
# 5
magicninja
Guitar Tricks Moderator
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Posts: 3,826
magicninja
Guitar Tricks Moderator
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Posts: 3,826
09/15/2006 9:03 am
I'm gonna go day on some and long term on others. I put my trades in. I hope tomorrow is a good day.
Magicninja
Guitar Tricks Moderator

"If it feels right, play it. If it feels wrong, play it faster” - Magicninja
www.GuitarTricks.com - Home of Online Guitar Lessons
# 6
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/15/2006 3:04 pm
Sweet.........
It's a great way to learn the market if your not familiar with it.
Now for me to go start trading.......

If anyone has any questions on how the site works, just let me know....
Check out my band:
Havoc Din
# 7
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/15/2006 3:07 pm
Originally Posted by: ericthecableguyCool. Im signed up...what do i do? :o


Just buy whatever stocks you want and hope they make money. Be careful on trading everyday b/c there is a commission fee with each transaction.

I go to yahoo finance and screen stocks from there to find what I want.
Check out my band:
Havoc Din
# 8
jeffhx
Disco Bandit
Joined: 12/20/05
Posts: 1,929
jeffhx
Disco Bandit
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Posts: 1,929
09/15/2006 3:34 pm
im a donkey in this..i just lost 8% or so in gt private trade..the other one i joined i lost 0.02%...i need to learn more..always wanted..nows a good time..
[FONT=Impact]grooviest tunes ever [/FONT]
# 9
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/15/2006 3:44 pm
I'm still learning it myself. Ehhh, you can loose money today but gain a whole lot tomorrow. It's not fast paced by any means....

I'm having problems accessing the site today.
Check out my band:
Havoc Din
# 10
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/15/2006 6:33 pm
I think I'm addicted to this thing.........

I created a 2nd game for Guitar Tricks....This one is high dollar, starts us out with $1,000,000 and the trades are only $7 each.

Game ID: GuitarTricks2
Password: Fender
Check out my band:
Havoc Din
# 11
guitarfreak141
Obsessed Freak
Joined: 06/29/04
Posts: 546
guitarfreak141
Obsessed Freak
Joined: 06/29/04
Posts: 546
09/17/2006 6:28 pm
My friend and I did something like this for school once, we were losing, than beat everybody by investing a ton of money in dreamworks the day before ring2 came out. It was awesome.
If there's one thing I've learned, it's that life is one crushing defeat after another until you just wish Flanders was dead.

Rock stars ... is there anything they don't know?
# 12
magicninja
Guitar Tricks Moderator
Joined: 03/13/02
Posts: 3,826
magicninja
Guitar Tricks Moderator
Joined: 03/13/02
Posts: 3,826
09/17/2006 10:42 pm
Damn I lost a little last week. Back to the drawing board.
Magicninja
Guitar Tricks Moderator

"If it feels right, play it. If it feels wrong, play it faster” - Magicninja
www.GuitarTricks.com - Home of Online Guitar Lessons
# 13
ericthecableguy
Registered User
Joined: 07/09/05
Posts: 1,929
ericthecableguy
Registered User
Joined: 07/09/05
Posts: 1,929
09/18/2006 2:21 am
YA!!!! I made eleven cents!!!
For life is quite absurd and death's the final word, You must always face the curtain with a bow
Forget about your sin - give the audience a grin
Enjoy it - it's your last chance anyhow.

METOOB
# 14
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/19/2006 7:17 pm
I'm losing my a$$....haha

I should have set the commission's to $7 on the regular game instead of $29.99.
Check out my band:
Havoc Din
# 15
ericthecableguy
Registered User
Joined: 07/09/05
Posts: 1,929
ericthecableguy
Registered User
Joined: 07/09/05
Posts: 1,929
09/20/2006 1:35 am
O ya...22cents motha mothas!
For life is quite absurd and death's the final word, You must always face the curtain with a bow
Forget about your sin - give the audience a grin
Enjoy it - it's your last chance anyhow.

METOOB
# 16
R. Shackleferd
Gulf Coaster
Joined: 12/13/04
Posts: 1,338
R. Shackleferd
Gulf Coaster
Joined: 12/13/04
Posts: 1,338
09/22/2006 5:11 am
This sounds like a good introductory way to play around and get familiarized with the markets, but just let me throw out there that for real investing, I think I'll always shy away from trying to get immediate returns, especially day trading. My philosophy for investing is slow and steady. Lower risk, long track record mutual funds and such.
And on a similar note, I heard an interesting comparison relating to the worthlessness of the U.S. Social Security system. For argument's sake, a person makes minimum wage ($5.15/hr.), works 40 hours a week, and never gets a raise. Working till they're 65 they become eligible for a measly monthly government check of a few hundred dollars, and upon death, all is lost. Yet, let's say the same amount (about $60-$70) that is automatically deducted from every check is instead put in a mutual/index fund that averages 10-13%, which is fairly easy to come across. Upon reaching retirement age, that person will have over $3 million. Amazing what a little personal responsiblity, discipline, and determination can do...obviously someone just in middle income levels could become much more wealthy, or retire sooner.
[FONT=Palatino Linotype]"Bust a nut!" - Dimebag
"Imagination is more important than knowledge." - Einstein
[/FONT]
# 17
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
HDJ
Explanation: Southerner
Joined: 05/10/04
Posts: 1,445
09/26/2006 9:19 pm
Social Security won't exist when we, the 20-somethings, retire....

That's one thing I really like about the company I work for. We have a retirement fund (SEP) where each week they put 10% of what we earned that week into mutual funds...They don't take 10% out, they basically add 10% to what we make, then put that 10% into the funds, if that makes sense. We have a financial advisor through Morgan Stanley that we talk to each month. They offer their advice, but we get to pick what to funds to sink our money into. I try to keep about 80% of mine in the "safe" mutual funds, and since I'm young, I keep the other 20% in some of the high risk stocks. Haven't lost yet, but I'm not rich either.... :D

I've been considering sinking $500 into the market and try day trading. That's one reason I'm playing around with the VSE, to test my skills. So far, the skills aren't there.... :p I'm learning though........
Check out my band:
Havoc Din
# 18

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