Interested in Playing on the ASX?

[alien]

Road test the market and you could win
The ASX sharemarket game provides a great way for investors to improve their trading skills without risking their own money. Players buy and sell shares in the top 100 listed companies with a virtual $50,000 over a 15 week period. Registrations for the first game of 2008 are currently open with great cash prizes up for grabs.

Free Sharemarket Trading Games - Stock Market Education - ASX

Free to play
Buy and sell shares to increase the value of your portfolio in a set time frame
Simulates real sharemarket conditions
Great prizes to be won!

Registration closes 19th Feb 2008.

I've played a few years ago (not that I knew what I was doing) and its just a bit of fun.

I've regsitered this year to see how I go. Give it a crack i say.........

 

[albatross710]

I played it last year...

With my 'success' I didn't give up my day job!

 

[thegurio]

I've played it...

Made a killing so i took a hiatus from my day job and decided to start playing - nonetheless lets be assured that it was quute the opposite when i started playing with my own money! And lets just say that im now back to my day job. I still trade quite heavily but now do it after hours and its more of a fun sideline than anything else.

 

[simongr]

It is something I have always been tempted by but never had the gits to play on (the real market that is). As a highly risk averse accountant I just dont like to gamble...

 

[lovetravellingoz]

It is something I have always been tempted by but never had the gits to play on (the real market that is). As a highly risk averse accountant I just dont like to gamble...

Bigger gamble to not (even with the recent correction)...... key is to onvest rather than speculate though

Havea look at "Dogs of the Dow".

Simple method that works for me...

 

[alien]

at least this way you have a virtual 50k ( free ) to spend and abuse as you see fit

 

[straitman]

I did try this several years ago and as albatross710 said 'with my 'success' I didn't give up my day job!'

On the other hand I didn't do a badly as I thought I might :!: :shock: :mrgreen:

 

[Mal]

A few years ago, I won a few $$$ via an online trading game.

Was doing ok, but not spectacularly like the real big traders. Was taking punts on some 1-10c shares that I thought would go up, and as the market was booming, a lot of them made some good 'paper' money. One of the tips I used was scouring for penny stocks that had a big % increase the day before, assuming others would be jumping onboard to try and catch the wave.

A few days before closing, I bought a huge number of shares in a risque (adult products) company for a laugh, and on the final day of the comp the market crumbled, but that risque company went up quite a bit.

End result, I came out first

So, it's not just good skills, but also good luck!

 

[JohnK]

No point playing the game as I am not doing very well with my own money....