Re: ASX Sharemarket game
Take all the chances you want to do in real life but are a little scared of. It will help tell you if your hunches are right or not.
It has taught me that I'm rubbish as speculating and should stick to my day job.
Re: ASX Sharemarket game
Well, I'm off to a shaky start thanks to some poor gambles (erm... "investments") into GNS and SUN.
But in the last 2 days I've clawed back to just over $47,000 (From a low of ~$45,500). I think my initial strategy of day trading is a poor one. $30 brokerage makes...
Re: ASX Sharemarket game
Unfortunately shorting is not allowed, and yes brokerage is $30 each way which makes day trading difficult.
I'd say let the boy go and see how he does.
Re: ASX Sharemarket game
Good luck all.
I've never done anything like this before, so it should be interesting to see how I go. Much better using monopoly money!
Any tips? I'm guess with this kind of market we are just going to have to buy the dips during the day...
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