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| Benjamin |
 Posted: Thu Dec 01, 2005 6:25 am Post subject: New Month, New ideas? |
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Administrator
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| So did anyone learn anything last month and are going to change their approach this month? |
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| soma |
| Posted: Thu Dec 01, 2005 6:28 am Post subject: |
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Investing Sr. Associate
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| This isn't realistic investing advice, but in einvesting.com land, it seems beneficial: put all of your eggs in one basket. Diversification hedges your gains. |
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| Prince-Charming |
| Posted: Thu Dec 01, 2005 6:43 am Post subject: |
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Investing Associate
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Well I think einvesting.com land is catered to "day traders" (I learned that word last month, hehe.) In this case its more like month trading.
I think diversifying your portfolio is more for long term investments.
But I dunno, I just started this game. |
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| Im Not Warren Buffett |
| Posted: Thu Dec 01, 2005 6:49 am Post subject: |
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CFO
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If you want to make a run at the top of the charts, then you can't diversify. Its simply not possible to have a half-dozen or more stocks return 40% in a month.
Treat this as day trading if you want, or use a longer time frame for yourself if you want. |
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| geb9696 |
| Posted: Thu Dec 01, 2005 6:53 am Post subject: |
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Investing VP
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| To be able to make a good return % and be on top you have to pick only one or two stocks. |
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| Tchitchikov |
| Posted: Thu Dec 01, 2005 6:54 am Post subject: |
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New Poster
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| Or you can lose it all in one stock |
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| Benjamin |
| Posted: Thu Dec 01, 2005 6:54 am Post subject: |
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Administrator
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It's true, if you trying to learn to invest for the long term you probably shouldn't strive to win the portfolio percentage game. But we do keep your purchase prices in there so, if anything, YOU know how your doing.  |
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| Vester |
| Posted: Thu Dec 01, 2005 7:25 am Post subject: |
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Investing Sr. Associate
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Im reminded of that 80's movie War Games. At the end the computer says, "The only way to win is not to play."
Not play stocks at all, but when I get nervous and start making a lot of moves it usually ends up biting me in the rear. There is something to Day Trading and I aim to figure it out. |
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stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
