[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 294 KB, 1200x436, stocks.jpg [View same] [iqdb] [saucenao] [google]
7634554 No.7634554 [Reply] [Original]

I can't think of a better place to ask for bad advice than here:

I'm in an econ class in college, and we're doing a stock market game (oh boy). However, there are prizes for having the highest gains AND the largest losses. So, I want your WORST market advice possible, to lose the most money humanly possible. Our game runs about two months.

We each get $500k; it has to be split five ways (100k each) in a future, a long, a short, a call, and a put. No day trading/trading at margin allowed

What should I do? It seems right up /biz/'s alley.

>> No.7634568

>worst market advice possible
buy link

>> No.7634607

>>7634554

buy LINK. easily will have the largest loss award

>> No.7634626

>worst market advice possible
buy link

>> No.7634653

>>7634554
LINK

>> No.7634661

>>7634554
Are you limited to traditional stocks?

>> No.7634670

>>7634554

How long is the time frame?

If it's below one month:
buy link

If it's above one month:
buy link

>> No.7634689

Just listen to what biz says

>> No.7634696

>>7634554
uhhhh, my mom said chainlink is the best stock for certain

>> No.7634720

>>7634661
yes, unfortunately. believe me, I would buy LINK if I could, but the only crypto available to me is BTC on the futures market.

>> No.7634724

>>7634554
short weed stocks 100x leverage

>> No.7634750

>>7634554
short BTC. just do it.

>> No.7634757

Short bitcoin.

Long the Dow.

Long oil futures.

Call your professors moms house.

Put your ponos in her vagoo.

>> No.7634768

CHK is one of the most swingy stocks I know of

Can't tell you which way though

>> No.7634779
File: 4 KB, 146x145, aku35.png [View same] [iqdb] [saucenao] [google]
7634779

>>7634689

>> No.7634806

Can you go into debt OP? Like double down on something real bad?

>> No.7634827

What's the Bitconnect of the stock market?

>> No.7634845

>>7634554
Okay so you can take my word for it or just think I'm a fucking larp but I graduated with a finance and accounting degree and currently work in IB. First of all this game is total bullshit because real investors don't invest on a 2 month fucking time frame because they don't think niggerly. Now your professor will most likely want to see muhhhh research and investment thesis, fuck. that. noise.

Tell him why the game is retarded and then invest in the riskiest fucking names. Do the most normie strategies, look for names that have severely dropped in the last month etc. Look for potential buyout opportunities in hot spaces like Healthcare, Biotech, etc. Currently lots of media and retail companies are being targeted for M&A and buyout opportunities because their balance sheets are hurting with way too much debt.

My picks off the top of my head
Future - Oil
Call - VIX
Long - TSLA, NFLX some random fucking FAANG stock to keep stability
Short - Maybe the Euro or Yuan vs USD?

Put - idk go find some dogshit

>> No.7634844

>>7634806
we can't trade at margin (aside from futures), but we're free to really do whatever we want when it comes to picking what to put/call/etc

Dunno about going negative. Losing 500k in 2 mo can't be that hard, can it?

>> No.7634861

>>7634844
Go long on riot blockchain. You will lose guaranteed.

>> No.7634898
File: 290 KB, 1293x606, XIV.jpg [View same] [iqdb] [saucenao] [google]
7634898

>>7634554
Hold VXX, at the end you'll either have the highest gains or largest losses

>> No.7634903

>>7634861
>>7634845
>>7634768
>>7634724
thanks anons. The funny thing is, 0% of our grade comes from our game performance, other than the secret prize for the best/worst performers. The whole point is to just learn the workings of the stock market.

but screw that noise, I want to burn my 500k to the ground

>> No.7634976

>>7634903
good then. real experience trumps the bullshit you learn in school. In fact just take the redpill now and realize that 99% of the economic and financial theory you learn in school barely fucking applies in the actual business world. Its 90% bullshit followed by 10% horseshit

>> No.7634989

>>7634903
Can you bet on leveraged ETFs? If so just take a pick from a 5x levered one

>> No.7635022

>>7634976
it's a "engineering economics" class, 99% of it is just TVM calculations and go/nogo analysis. It's interesting enough

>> No.7635070

>>7634989
I think so; we're using personalfinancelab. Not sure about if we can leverage or not - our prof set a bunch of rules for our particular game. ETFs are available though

>> No.7635211

>>7635022
Alright that stuff is actually pretty useful to learn. If ETFs are available then you should definitely be able to use levered ETFs. If prof cries foul then just sue the school

>> No.7636102

buy a stock called kushbottles, bitcf stock, and go for the worst canadian weed stock with no earnings.