Virtual Stock Trading Game - Niketalk competition
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Its crazy cuz he gain damn near 9% today which is by far the most and still over 9k in
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bank of america is on the upswing
Spoiler [+]
shatterkneesinc
Banned
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i wish my gains are real money
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quick poll: Daytrading vs going long?
Ive always felt day trading looks better on paper when you look at gains n such than what it really is. Lets say you make about a g a week day trading. Its basically youre life as you gotta monitor things constantly and need a good startoff point, lets say 50k capitol, in order to start day trading. On the long side you have someone who only holds 2-5 positions for months at a time and can go either way on how much you make or lose but dont ever really have to check things and are not as much a slave to the game. Factoring in income from your day job and money made on the market, lets say 750 a week from work, who do you think would have made more money in a year?
Ive always felt day trading looks better on paper when you look at gains n such than what it really is. Lets say you make about a g a week day trading. Its basically youre life as you gotta monitor things constantly and need a good startoff point, lets say 50k capitol, in order to start day trading. On the long side you have someone who only holds 2-5 positions for months at a time and can go either way on how much you make or lose but dont ever really have to check things and are not as much a slave to the game. Factoring in income from your day job and money made on the market, lets say 750 a week from work, who do you think would have made more money in a year?
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I didn't start seeing gains for real today up until the last hour
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my rank keeps dropping
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is it too late to join?
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I made $500 today on purchases...If i fell into 25k tomorrow i'd start day trading...The only thing i don't know is how much in taxes would be taken out
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25% of total gains if held for less than a year.
Day trading, depending on how many trades you do, may have you differently classified with the IRS (i.e - investor status versus trader status). Further, you're going to be taxed a whole lot more and at ordinary rates.
A lot of people don't have the desire to day trade, nor the focus, desire, discipline, etc. It's even harder on the West Coast for market hours.
A lot of people don't have the desire to day trade, nor the focus, desire, discipline, etc. It's even harder on the West Coast for market hours.
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Aye - you need to lock the contest up. If whoever that wants to join by say, this Friday, August 26, hasn't, eff em. We don't need somebody to come in late and win the whole thing after we've been busting our +++ and talking good trash.Originally Posted by LazyJ10
If it exists?it clearly exists as everyone in this thread is participating.
http://www.marketwatch.com/game/niketalk-2011
If you want to join PM me for the PW, if you haven't already.
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6th. Wassgood
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2nd day in a row all my stocks finished in the green yes all 11 of them
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[table][tr][td]51[/td][td]Originally Posted by CasperJr
@ every time somebody say a stock name 5+ people jump on itSome people just don't have a mind of there own
2nd day in a row all my stocks finished in the green yes all 11 of them
@ me making 52 trades already I need to slow down
[/td][td][h2]Casperjr[/h2][/td][td]$24,262.18[/td][td]-0.84%[/td][td]-$737.82[/td][td]52[/td][/tr][tr][td]+ Add LabelSaveCancel[/td][td][/td][/tr][/table]
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x2.. seems interesting
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Originally Posted by Frank Mucus
[table][tr][td]51[/td][td]Originally Posted by CasperJr
@ every time somebody say a stock name 5+ people jump on itSome people just don't have a mind of there own
2nd day in a row all my stocks finished in the green yes all 11 of them
@ me making 52 trades already I need to slow down
[/td][/tr][/table]
brought 1524 of clwr for 3.40 sold for 3.03 *$@$ killed me gone take me at least another week to fix this
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All stocks in my portfolio in the greens.
I've got 8 stocks and I'm the only one in the game with 5 of them.
I've got 8 stocks and I'm the only one in the game with 5 of them.
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Watch the trone...
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I have no idea how to use this website
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you all should sign up for CNBC's game. I think you can actually win a $1 million.
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^ Link?
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Wonder what to do with the AAPL stock now
