Be me
Be in college
Given the biggest project yet
A stocks simulator!
Start with 100,000 dollars
Compete against other classmates
Winner takes all 50 bucks and 15 bucks at beef a too
We have 10 days...
Dafuckdoido.jpg
Yeah that's about it. So far I bought 100 stocks of Ford which is doing good, but I thought... Why not let Anon Babble partake in such activity?
If you all want to be part of it you are welcome. Either I'll probably post my progress if you all are interested.
Pic related
10 days
lmao with that small timeframe it's honestly irrelevant, put it all in some super volatile stock that has a 10% chance to 10x in the next 10 days.
are you allowed to buy penny stocks? Since you don't need to actually place a trade you can cheat by buying a low liquidity NASDAQ penny stock while it's got exchange opening hour momentum and then sell a few minutes later, instantly at your target price with out any slippage.
MSTR/MSTU and let it ride
Buy either leveraged ETF’s or options if they let you. My classmates always hated me for fucking up the game Kek
With these competitions you don't have to care about losses, so you're incentivized to take maximum risk to increase your chances of that top spot. Don't buy big and solid stocks, go 100% in the most degenerate wild gamble you can find and hope you get lucky.
yolo / day trade mstx with it
100 stocks of Ford
100 shares dummy ugh... and you bought Ford...you think Ford is gonna make some big swings and win you that $50 huh. hahahahahahahhaha. if i was your teacher i would shove my foot up your ass
I thought the same thing, the professor clarified that we were guinea pigs for the project, that's why the short time.
Yeah I can do that, but which ones would those be?
Honestly I just did that to start.
Most of us are trading 5 or 6 figures live accounts, sorry but we don't really care about your little paper trading game.
you don't know how to check for momentum and you don't know what time NASDAQ exchange opens?
Bet on some BTC fund having the value of BTC jump in the next week.
yes. that would be good advertising for crypto. then his class can pump our bags when they see he won
Do you think I want to fucking do that?
Check for momentum.
I mean shit, if there's no way around it.
Just all in Bitcoin funds.
MSTR is a pretty easy win. They just had a very small pull back, today looks like it's going to be back up. Even like a 3% gain is going to smash most your teammates I'd think. Given how 7% a year is like, fucking solid returns. BUT it is volatile and can swing down 3% or more easily. But if you're winning to win hard, or lose hard, MSTR is a good choice.
I wrote this but actually, maybe you'd want a leveraged stock if one exists. If there's like a MSTR leveraged ETF or something, that could be a crazy choice. Bitcoin goes up 1%. Mstr goes up 2.5% Leveraged ETF goes up 5%. I never checked if one existed.
Your professor is an asshole and wants student data obtained results asap.
He's basically using the class as a form of human chat gpt to theorize strategies for his own investments...
For fitty bucks.
All in uvxy. It will pump like 50% today trust me.
This was a fun game tho i did it in 6th grade.
all in GME and feel the embarrassment
you're incentivized to take maximum risk to increase your chances of that top spot
This. Find the most degenerate trade and win or loose big. Based teacher giving you a lesson in degeneracy.
Coinbase earnings coming out today in after hours. Buy today before close for a quick pump or buy tomorrow (if it dips)
Yk what, that could be the case too, he 'admitted' that this was to see if it would be good for next year students, which is dumb because he could have done this way earlier but hey. Can blame someone for trying to become rich?
these challenges are retarded because the winner will always be the most degenerate retard who gets lucky with a random small cap biotech and ends up being up +60% in the span of a month. There needs to be a rule limiting buying low market cap and extremely high beta securities
We can't buy penny stocks so yes there is a rule against low market cap.
I really wish he would have assigned this earlier, in that case I could think for months and weeks without having to do this risky bull crap in barley over a week
But I suppose that risking it all is the fun of it like this guy said.
Is there a rule against options? If not, that is definitely going to be the winning play.
I mean... it's a 10 day time window. There is no such thing as "normal investing" there. You absolutely chase a pump. I would buy something leveraged like SOXL.
Yeah except everybody and their mom is thinking “buy SOXL/MSTRx2/TSLAx2/UVXY” and it’s never enough because somebody is going to find a random biotech that rallies 200% after a clinical study or FDA approval. Even if you did it legit and ended up +15% after the 10 day period, you won’t beat the gamblers who are willing to accept the possibility of going down -75% because it’s just a game and not real money
Are they though? OP is in a dumb college class. 90% of them have never heard of what a stock is much less know to go for simple leveraged plays.
I’ve seen it every time, there’s always guys willing to do some research if there’s a prize; not like you have to be a hedge fund manager to realize this
google “highest moving week of 4/28”
note stocks and what industry they come from
do same for the last couple weeks
notice certain industry has very high volatility
google “biotech stocks FDA approval soon”
buy a couple
pray
Crush them and leave no trace. There is no better feeling than this. I had to play ARMA2 (VBS) 12v12 at work once for a team building exercise and mopped the fucking floor with a 51K-1D (literally admin killed because I was top fragging too hard) and the next highest kill was 12 then sub 5s. I want you to feel what I felt. No amount of real multiplayer spawnkilling ever gave me the same rush. Only thing better is when I gamble (options) and win.
This is likely the point of the lesson if he's actually in college. But they don't usually assign stuff like this to kids above like 5th grade so idk where OP lives.
You said "everyone" is going to do that and yet OP himself is in fucking Ford right now. Imagine what the rest of the braindead girls are in there doing.
OP is in ford because is this business you are taught risk management. Normies who ARENT in this business have an innate advantage BECAUSE they are not risk averse.
The worst performers in these challenges are guys who try to emulate running a 100 billion book; it’s not that deep. People who just buy the mag7 outperform “value enthusiasts” like OP.
It’s a game of beta. The more beta you find, the higher likelihood you will win. Simple as. Trying to run this thing like it’s real money will NEVER get you in the top 5 BECAUSE you limit risk.
Will the biotech gamblers blow up if they had real money? 100%, if given enough time. But it’s not about making a long term income, it’s about being tight until the end of the game. Here’s an example you can emulate with real money
put 5k on call options
be correct, account now 13k
all in that 13k on different call options
be correct, account now 40k
all in that 40k on different call options
be correct, now have 100k
That’s a 20x in the span of weeks. All you needed was to be right 3 times in a row. Now if you backtest this strategy over a longer period of time, you will realize a 100% chance of blowing the account to 0. That’s a statistical fact. Doesn’t mean you’re better than Warren buffet; you just played the odds and luck was in your favor (same as the guys who get top 5 buying some biotech name)
All in this yesterday before earnings would’ve made you +30% in a single day. That guarantees you beat anybody who plays the game as if it were real money. Now you just need to out-degenerate the other degenerates.
In these games you really should be limited from buying any stock that has had over a 8% single day price move in the last 30 day period. Some prop firms literally penalize you if you make too much money in one day because the implied beta of the account is too high. Perfect game? You are disqualified if your portfolio moves up more than 7% in a single day
PLTR is super volatile right now. You’ll either win or lose with it. I’m guessing win. Ford won’t do shit in ten days.
only 10 days
buys ford
$1000 of ocgn
Nope wrong on biotech wrong on any single name ticker. The investopedia simulator lets you buy options so your number 1 strategy should be buying illiquid options on high volatility underlyings and hoping that your deep OTM calls do a x10 on paper because the broker bot increases the spread bigly. if whatever simulator you’re using doesn’t allow options your #2 strategy is buying 3x leveraged commodities ETF’s like boil or gdxu. Anything else is chump shit and you’ll lose to any normie with an reddit account who does a hecking epic wallstreetbets play.