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Message
I've reconsidered about dropping out of our investment game, with a caveat....
Posted on 1/15/15 at 5:07 pm
Posted on 1/15/15 at 5:07 pm
I would like to continue to play the investment game referred to in the stickied topic at the top of the Money Board's first page but:
I will voluntarily not sell/cover any stock I buy/short for at least one hour after I make the purchase/short trade.
That way I have no pricing disparity advantage in quickly flipping a position and I get to have fun with buying some things I probably normally would not buy or short. The pricing disparity between my Schwab trading screen's pricing and the game's pricing usually only lasts about a minute or so.
So waiting one hour before I can close a position means the short-lived pricing disparity does not factor into my decision what to buy or short.
I hope everyone is okay with this. If there are a significant number of strong objections to my playing even with the self-imposed trading restriction, I'll just stick with my initial decision to drop out.![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
I will voluntarily not sell/cover any stock I buy/short for at least one hour after I make the purchase/short trade.
That way I have no pricing disparity advantage in quickly flipping a position and I get to have fun with buying some things I probably normally would not buy or short. The pricing disparity between my Schwab trading screen's pricing and the game's pricing usually only lasts about a minute or so.
So waiting one hour before I can close a position means the short-lived pricing disparity does not factor into my decision what to buy or short.
I hope everyone is okay with this. If there are a significant number of strong objections to my playing even with the self-imposed trading restriction, I'll just stick with my initial decision to drop out.
![](https://images.tigerdroppings.com/Images/Icons/Iconcheers.gif)
Posted on 1/15/15 at 7:24 pm to LSURussian
Can't stay away, huh? In all seriousness, no problem here. I'm following suit. Probably will hold longer than an hour 90% of the time... That is until I have a slow day or something. ![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Posted on 1/15/15 at 11:15 pm to LSURussian
I've been on the road all month but are you not predicting the market this year?
Posted on 1/16/15 at 11:14 am to LSURussian
Glad you're back. I figured I wouldn't deprive my students anymore and actually teach instead of passing out worksheets.
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
Posted on 1/16/15 at 8:47 pm to LSURussian
I'm confused, you won't play stocks you trade in real life? Does that mean I cant play trade stocks I audit ? ![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
![](https://images.tigerdroppings.com/Images/Icons/IconLOL.gif)
This post was edited on 1/16/15 at 8:48 pm
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