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Contest...

+9
TheRustySpoon
M3LT
Po!son
Virtuosity
*b|K*
METALLICAT
Shadow
tool
T@D
13 posters

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1Contest... Empty Contest... Wed Nov 18, 2009 1:37 am

T@D

T@D
*pWp*Founder*
*pWp*Founder*

Before I start.... there will be no prizes, at all.... ever. (unless someone wants to donate?)

Anyway. Im thinking about putting together a "mock wallstreet" contest.

Basically, theres a few websites out there, free ofc, that will give you "play money". It allows you to buy and trade in real time with the real stock market as do the financial "professionals".


Rule wise, all I can say for sure is that it will be a 30 day set up, and everyone will be given the same start date and end date... to keep it as fair as I can. More rules may come later.


I know the holidays are comming soon, so I wanna make sure theres some intrest in this 1st before we give it a go. Reply if intrested.


This is not a clan only event. Your clan membership, hacking past, douche sack personallity.... does not mean you cant be apart.

This is my attempt to get people more involved in world finance and the importance of money but more so.... how it works. My favorite class in school was businness finance so I wanna share something I found fun to learn in school... with others. Idealy... understanding the financial aspect of life will help quite alot of other things fall into place in the future.


Anyway... Post if u are intrested. This will be an automated, non-bias website that we all join together for tracking purposes.

http://www.pwpclan.org

2Contest... Empty Re: Contest... Wed Nov 18, 2009 1:43 am

tool

tool
Retired
Retired

I just did this a year ago in Economics class lol. I got 2nd place for buying a shitload of Smuckers XD I'll give it another go.

http://www.myspace.com/kaylaandme

3Contest... Empty Re: Contest... Wed Nov 18, 2009 1:44 am

T@D

T@D
*pWp*Founder*
*pWp*Founder*

to add....

I will make a section for trading information, company information, ideas... anything that people want to post reguarding the "game". Also I will have a "portfolio" section for each player to help keep track of everyones progress.

http://www.pwpclan.org

4Contest... Empty Re: Contest... Wed Nov 18, 2009 1:54 am

Shadow

avatar
Retired
Retired

ya i didn't have to do much in business class becuase i set my "company" up from day 1 lol. just dominated the class

5Contest... Empty Re: Contest... Wed Nov 18, 2009 2:13 am

METALLICAT

avatar
I Just got here!

LoL i did this in Highschool... stupid site still sends me updates.

6Contest... Empty Re: Contest... Wed Nov 18, 2009 6:44 am

*b|K*

avatar
Retired
Retired

doing this in business class right now.... i have no idea wtf im doing but oh well and ill wanna join this Razz

7Contest... Empty Re: Contest... Wed Nov 18, 2009 1:36 pm

Virtuosity

Virtuosity
Leader
Leader

I will jump in this even though I have no clue what I have to do but hey learning experience.

8Contest... Empty Re: Contest... Wed Nov 18, 2009 2:49 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

The Starting date will be Monday November 23rd. That way we can end it prior to Christmas and only have 1 trading holiday. If, during all of it, it is going well.... we may continue past the new year. Feb 1st is the beginning of the fiscal year, and typically a fun day for trading... so if interest is there, we can go on.

I dont have a set of rules yet but they are coming soon. I will need someone willing to co-host this event with me. They will be helping with the rules, and helping to understand the site prior to starting up. They will also help mod the section. If you would like to help, please post.... Ill pick someone. Please understand though, to help co-host this event... you really need atleast some what of an understanding about stocks, processes, and just the basics on how things work.

I will be posting the site we will be using on the 20th, friday... after the Wall street closing. I will assign everyone a user name they must use to participate. (Im doing that in case anyone would happen to have/make a name prior). That way we all start the same time, same day, same rules, same set up.

Suggestions: I would start looking into trends and companys you may want to have a part of.

Keep in mind "mos popular" company's like walmart, microsoft, coke-a-cola..... tend to keep a fairly flat stock price-wise. Just because you know the company name doesn't mean it will make you money.

Find a site that caters to actual investors for tips and ideas on certain companies. (I will post a list of sites I recommend in the section once its set up, but always look for yourself as well. Investment ideas are subjective.)

Diversify. This will be a rule once I find a way to word it properly. Basically.... don't put all of your money in one company. Spread your money around into multiple companies. This will help you learn to watch trends and look into company info.

You will be starting with $100K USD. This will be a US only stock trading event. After I get more info about the site, ill have more information. There won't be any margin buys, international stocks allowed (outside of the dow and nasdq)


More to come soon I promise. Thats all I got so far Smile

http://www.pwpclan.org

9Contest... Empty Re: Contest... Wed Nov 18, 2009 2:55 pm

Po!son

Po!son
Retired
Retired

Sounds fun and informaional, count me in

10Contest... Empty Re: Contest... Wed Nov 18, 2009 3:06 pm

M3LT

avatar
I Just got here!

count me in too if you dont mind.

11Contest... Empty Re: Contest... Wed Nov 18, 2009 3:23 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

This has nothing to do with quake or clans..... so anyone can join.

http://www.pwpclan.org

12Contest... Empty Re: Contest... Wed Nov 18, 2009 3:53 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

Good news....

The site I think we are going to use actually has a private game setting. It also allows start and end dates, and locks out late entries.

Once I get more info ill send it out, but it looks like I may be able to set everything up tonight, and just set the start date. That wat everyone can get acclimated to the site.

http://www.pwpclan.org

13Contest... Empty Re: Contest... Wed Nov 18, 2009 8:29 pm

TheRustySpoon

TheRustySpoon
Quake III Member
Quake III Member

I wanna try Razz

14Contest... Empty Re: Contest... Thu Nov 19, 2009 12:31 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

http://simulator.investopedia.com/Home.aspx Thats the site we are going to use. Go ahead and make an account. You can start playing around and trading under a general game. The game set up I made will not let you start trading until the 23nd. I made the start date the 22nd so you can process trades that will start on market open the 23rd. All the rules and game settings should be in the game once you join.

All rules have been set in game so theres really only 1 outside rule....
You must uses atleast 30% ($30,000) by market close the first week. This is for 2 reasons. Partly due to not having people just sit on their money, also to confirm activity. I will be checking all portfolios
at the end of the 1st week, and remove anyone who hasent complied.

Other then that, gl... have fun and ask any questions you need to. I will be making the forum section this week for the game.

Heres the game info.

Congratulations on successfully creating a new game! For your records, the game's info is:

Game Name: Q3 Financial 1



Last edited by T@D on Fri Nov 20, 2009 12:13 pm; edited 1 time in total

http://www.pwpclan.org

15Contest... Empty Re: Contest... Thu Nov 19, 2009 1:52 pm

Insekz

Insekz
Retired
Retired

Seems to mind boggling for me.

16Contest... Empty Re: Contest... Thu Nov 19, 2009 11:30 pm

Pornfish

Pornfish
Quake III Member
Quake III Member

I'll join the second one, exams and final papers start next week.

17Contest... Empty Re: Contest... Fri Nov 20, 2009 11:49 am

Vic

Vic
I Just got here!

ill try it out (:

18Contest... Empty Re: Contest... Fri Nov 20, 2009 12:13 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

I can invite via email. Post your here if you prefer that method.

Or click on games, and join. Then search for q3 financial 1.

PW is q3community

http://www.pwpclan.org

19Contest... Empty Re: Contest... Fri Nov 20, 2009 5:46 pm

Vic

Vic
I Just got here!

someone will have to tut me on this o: idk how to 30% something x.x

20Contest... Empty Re: Contest... Fri Nov 20, 2009 6:19 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

u start with 100K. You need to spend 30K the 1st week.

http://www.pwpclan.org

21Contest... Empty Re: Contest... Fri Nov 20, 2009 8:10 pm

Vic

Vic
I Just got here!

o.o hmm

time to buy all the porn and put in my city's library (:

22Contest... Empty Re: Contest... Fri Nov 20, 2009 11:49 pm

tool

tool
Retired
Retired

Heinz Ketchup ftw

http://www.myspace.com/kaylaandme

23Contest... Empty Re: Contest... Sat Nov 21, 2009 11:02 am

Vic

Vic
I Just got here!

psh ill invest in toothpaste >.>

cause no matter what happens in the world people dont stop brushing there teeth x.x

sometimes even in recession we still gotta buy the toothpaste

24Contest... Empty Re: Contest... Sun Nov 22, 2009 10:02 pm

wrath

wrath
I'm here way too much!

wrath join pl0x! Very Happy

25Contest... Empty Re: Contest... Sun Nov 22, 2009 10:10 pm

T@D

T@D
*pWp*Founder*
*pWp*Founder*

T@D wrote:http://simulator.investopedia.com/Home.aspx .

Heres the game info.

Congratulations on successfully creating a new game! For your records, the game's info is:

Game Name: Q3 Financial 1

wrath wrote:wrath join pl0x! Very Happy

http://www.pwpclan.org

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