The Investor Challenge - Online trading game

DieGrootHammer said:
That I'm not sure yet. It would depend on the share. I would hate to sell share midway in their climb, or keep hanging on share for too long and miss their high point. It will depend on what's going on with the company you've invested in.
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For example I invested in PSG. Bought -PSG Group Ltd 500 Shares @ 17872 R89 717,44 . That had a Grow % of 2% just now, Wanted to sell but missed it and it dropped. So wondering if I should've sold
 
Flex said:
For example I invested in PSG. Bought -PSG Group Ltd 500 Shares @ 17872 R89 717,44 . That had a Grow % of 2% just now, Wanted to sell but missed it and it dropped. So wondering if I should've sold
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A 2% growth is good intraday, but if you hold on to the shares for a few weeks, that growth may go up to something like 20% or 30%. Profit is much higher if you bought the shares during a slump.

But then again, plenty of day traders makes huge amounts of money doing this exact thing you are thinking of doing. That's why we have this platform. Now is the time to experiment and test and see. You have nothing to lose!!
 
DieGrootHammer said:
A 2% growth is good intraday, but if you hold on to the shares for a few weeks, that growth may go up to something like 20% or 30%. Profit is much higher if you bought the shares during a slump.

But then again, plenty of day traders makes huge amounts of money doing this exact thing you are thinking of doing. That's why we have this platform. Now is the time to experiment and test and see. You have nothing to lose!!
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I have lots to lose! NOT winning! haven't you realized from the Forza how competitive I am? But okay cool! I am getting the hang of this I think!
 
Flex said:
I have lots to lose! NOT winning! haven't you realized from the Forza how competitive I am? But okay cool! I am getting the hang of this I think!
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Lol I love it!!!

I wouldn't say I've got the hang of it yet, but I'm slowly but surely educating myself on it. Perhaps after learning more and testing a couple of theories in the challenge, I might start investing for real
 
I'm in!

EDIT: I'm down a grand! I'm here to make Malice look goooooooooood.
 
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Yeah it's really difficult to not look at this every now and then, but then you see how the ebb and flow of the market affects your shares.
 
Rofl, this is great. Having a good laugh at [MENTION=5134]MalicE[/MENTION] :D

Maybe I'll have a look as well and get over my Idle Clicker thing
 
I'm a steers meal away from recouping my fees. Sorry, Malice, I'm gonna leave you in my dust! Heading for the top!
 
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