Has anyone been to the Stock Market Challenge? Its like a 1 day event where students get to experiance what its like trading in shares and currency? Im going tomorrow and I just wanted to know what to expect?
2007-04-25 05:32:45 · 2 answers · asked by vex 4 in Business & Finance ➔ Investing
It teaches VERY bad habits =
It's like trying to learn about Horse Breeding by going to a single race ...
The ONLY way to 'win' a 1 day event is to Bet everything on 'rank outsiders' .. most time you loose the lot - however very occasionally some 1000:1 no-chancer comes in big - and you are then hailed as a 'top investor' ...
Good Luck (because that's the only way to 'win')
2007-04-25 19:58:39 · answer #1 · answered by Steve B 7 · 0⤊ 0⤋
Forget dividend stocks. You only have four weeks, and a 4% dividend OVER AN ENTIRE YEAR will get you nowhere. One poster is right that currently, oil and bank stocks are rising. The best answer is that, if you're looking only at the next month, you should completely ignore the company. Only look at the stock. The stocks most likely to move up the fastest in the next four weeks are the ones that are already at, or very close to, their yearly highs. Look at stocks like ICE, GROW, FFIV. You can also find free screening programs on the Internet you can use to find stocks. Then pick the ones that are at their highest prices, preferably the ones that have moved up at least 50% since early August (the most recent bottom of the market). You should NOT invest this way with real money. Real investing is much riskier and difficult than people imagine. It's great that you're learning about investing right now, in school.
2016-04-01 06:44:05 · answer #2 · answered by Diane 4 · 0⤊ 0⤋