Woot, already loosing money.

One of my trades has gone really tits up lol. Thankfully I hardly invested in it at all - $870 - but still. It's just really odd. It's still listed at the same price I bought it for on MarketWatch.com, but VSE lists it at $0. Lol.

 

Lol, it seems most of us who made some trades today are losing money now.

 

I'd be well into a profit if not for my -$870 bear.

Now gambling wildly to try to make some of that back, could end up with me -$40k in debt. Lol.

Edit: the time things take to process is really annoying.

 

I have pretty much no idea what I'm doing so... do I get a pity prize for losing money the fastest or what?

 

Well I'm in.

This is a competition I guess so no sharing tips?

EDIT: Is it only trading stocks or is there some way of trading bonds and commodities as well?

 

PROTIP: Don't start swapping your money here and there on an hourly basis. What might look like a huge loss in a few hours might be a gain in a few months.

 

Woot, instantly to the top of the leaderboard. Which means I'm going to fail hard.

 

Well you spent 60k on one stock... a pretty big risk

 

Pure skills ;D

 

My Protip from a complete novice's standpoint would be to spread the risk, but eh, if your company comes up with the cure for Cancer and Aids all wrapped into one, then they maybe we'll see you with a huge profit at the end ;D

 

I think it's just a shame you can't buy shares from companies lower than a 2.0. That's where the money is made ;D

 

Yeah I found a wonderfully prospective company for under $2, I wish I coulda bought into it .
And I'm wary of buying into it when it breaks the 2.0 boundary because i'd be unsure whether its nearing peak or not.

 

I'm in. Certainly sounds interesting, although I'll probably just take some huge risks and end up in huge debt.

 

Heh, only two people who've actually spent their starting 100k are in the green right now, granted in the long run it means nothing, but stll funny.

 

Look like fun, I am in, hopefully I won't fail to bad.

 

Aha! From last place to 3rd place, in one day! Beautiful!

 

Lol yeah I noticed that. Seems like most of your stuff is doing pretty well right now Taure.

 

How does Margin work? I accidentally bought waaaay too much. >_>

 

I seem to be doing decently. Quite lucky considering I just bought everything that looked cool and have adopted a system of selling everything when it reaches a profit of 400$ because nothing of mine seems to stay up for long...