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ASX Sharemarket Game 2016

Discussion in 'Beginner's Lounge' started by Kireyzma, Apr 13, 2016.

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  1. Kireyzma

    Kireyzma

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    Aug 17, 2015
    Game 1, 2016
    Registration: Open
    Game: 25 Feb - 8 June

    Anyone playing the ASX Sharemarket Game 2016

    If so, how are you doing so far???
     
  2. hopeing

    hopeing

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    Hi ,yes playing ,taking it very casually ,currently ranking 3805 and current portfolio $51 464.75.
    Nathan
     
  3. Kireyzma

    Kireyzma

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    Hi, thanks for replying. yeah I'm taking it slowly as well with both accounts :)

    Profile 1
    Had one stock since the start of the game & today made a couple more.
    Current ranking 12723
    Current Portfolio $49,515.22
    Cash $19,149.90

    Profile 2
    I only made my first buys today so no current ranking.
    Current Portfolio $49,915.74
    Cash $17,283.18

    I've played this game for many years & have always ended in profit, usually around $53,000 - $55,000 but have always gone with the Materials Sector in particular Mining, i.e. OSH, STO, CTX which have always done well until now lol

    So if anyone has some 'Hot Stocks' please share :)

    Thank you & good luck to all...
     
  4. ryancampbell1

    ryancampbell1

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    Aug 11, 2016
    ASX Stock Market Game

    Hello everyone !

    I am a high school student about to undertake the ASX sharemarket game and would appreciate any advice/trading strategies/shares to invest in/any other knowledge that you could impart to me.

    I'm quite inexperienced with the share market so I don't even really know what questions to ask, but any help or suggestions would be immensely appreciated.

    Thanks for reading!
     
  5. RowanC

    RowanC

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    Re: ASX Stock Market Game

    Given the short time period with something like the ASX Sharemarket game, I'd almost be putting any fundamental analysis to the side and look to use something like momentum as a concept to build my strategy on. So for instance invest in the best performers over the previous month or something similar.

    Clearly this is not a perfect strategy, however momentum as an investment concept is a well trodden path with much academic evidence to back it up so as a student it might be useful to learn about also.
     
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