/biz/ - Business & Finance

[Anonymous No.402437]

any investopedia.com simulator enthusiast here?

in pic: me, biggest noob in the game.

post your portfolio

[Anonymous No.402440]

Sims like TOS and MarketWatch are pieces of shit. Anybody can make high yields with them.

[Anonymous No.402444]

>>402440
yea probably but since i don't have real money i play this

[Anonymous No.402451]

>>402437
how do you choose your stock picks?

[Anonymous No.402452]

>>402451
i read stuff around the internet, like fool.com and pundits like that

[Anonymous No.402456]

>>402452
What about SEC filings, financial trends, trying to understand the business and judging upcoming products, buyouts, new projects and so forth that might cause swings in the market?

[Anonymous No.402459]

>>402456
tell me how and where and i will

also:

>biggest noob in the game

[Anonymous No.402462]

>>402456

This is /biz/. I doubt 99% of these people even know what the SEC is before posting a c+p from Google to quote this post.

[Anonymous No.402493]

>>402459
Seadrill limited is a company I have never heard of before, I usually pull up these links to first familiarize myself with something.

http://www.nasdaq.com/symbol/sdrl/sec-filings
http://finance.yahoo.com/q/ks?s=SDRL+Key+Statistics
https://finance.yahoo.com/echarts?s=SDRL+Interactive#symbol=sdrl;range=2y
http://www.wikinvest.com/stock/Seadrill_%28SDRL%29/Data/Key_Metrics
http://www.seadrill.com/
http://en.wikipedia.org/wiki/Seadrill

Where I go from here depends on what I have learned. Sometimes I do what you are doing and look up internet chatter and try to gauge the behavior of other traders.

[Anonymous No.402496]

>>402493

Don't worry about other traders. Look at what the institutions are investing in. I know a lot more traders who are successful scalping blue chip stocks than trying to hit homeruns on momos.

[Anonymous No.402520]

>>402496
How do you find out what the institutions are investing in?

I can't predict what traders are putting their money into, I am interested in their behavior. For instance if I see tons of people shilling a penny stock then that is evidence in favor of high volatility and a speculative bubble. I might see people discussing a rumor or some specific issue which I can then research for myself. I might see very little interest in the stock suggesting low volatility and perhaps some opportunity to shill the stock myself.

>I know a lot more traders who are successful scalping blue chip stocks than trying to hit homeruns on momos.
I usually rely on more evidence than just momentum. If a shale oil company is awaiting a permit to begin fracking and it is widely publicized I might buy in, only to sell as late as possible before the deadline, knowing that whether or not they get the permit many speculators are also going to buy. I can buy before speculators but I can't sell as quickly as the institutional investors the moment the news is announced, I mitigate risk that way. How would one try to scalp blue chip stocks?

[Anonymous No.402889]

Play a real /biz/ sim, scrub.

[Anonymous No.403637]

>>402889
patrician3>>>all

[Anonymous No.403786]

>>402889
hmm so apparently you need 7 chickens per egg process and 2 sales unit per purchase unit

is there more info on the game mechanics for all the other products

[Anonymous No.404764]

>>403786
whats the name of this game? i cannot find on google images

[Anonymous No.404766]

>>404764
capitalism

[Anonymous No.404800]

>>404764
improved version, the demand supply graph (blue = supply, red = demand) is misleading, I think in general demand should exceed supply

[Anonymous No.405056]

>>404800

Do you know the creator made a sequel? It's called Capitalism Lab and it includes monetary policy, inflation, etc

[Anonymous No.405783]

>>405056
I heard it uses capitalism 2 mechanics and I always preferred the first game.