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TranceAddict Investors Club @ Marketocracy
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| Krypton |
This is the official thread to our marketocracy mutual funds. Discuss the performance of your $1,000,000 mutual fund or the economy.
If you want to join the mutual fund FUN!!!...
Register at Marketocracy. Once you register, join the TrancEaddict Investors Club.
Don't know what a mutual fund is? For those who don't, a mutual fund is simply a group of stocks. Like a basket of eggs, but obviously filled with stocks.
In marketocracy, you get $1,000,000(fake) to run your own mutual fund. You get to buy and sell most stocks, and you are also ranked relative to several benchmarks. You must follow all the rules real-life mutual fund managers must follow. See if you can beat me!!
Note: Top 100 on the site get paid for their stock picks.
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| quote: | Originally posted by Googooly
hoesntly im reelly intrested in all these stock sharing and stuff. My quastions as a TOTAL newbie is where do i start? |
1. Stock Basics 101
2. Reference Guide to Stock-Picking
3. How to start investing with little money
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#1 Ranked: Kypton - CLICK
#1 Non-compliant Fund - Capitalizt - CLICK |
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| philliez |
oohhh...
you got a new name |
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| Lira |
| Should I merge the two threads? I'm kinda lost here :p |
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| Krypton |
| quote: | Originally posted by Lira
Should I merge the two threads? I'm kinda lost here :p |
I'll close:) |
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| Subey |
Welcome to the world of Free Money... how can we all be successful?
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| atbell |
| quote: | Originally posted by Subey
Welcome to the world of Free Money... how can we all be successful?
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Performance enhancing drugs? |
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| LazFX |
| Now its time to make some real fake money..... |
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| Krypton |
Hey guys, I was featured in a Motley Fool article entitled, "5 Low-Priced, High-Star Stocks". <--clicky:tongue2
I'm tranc3 on Marketocracy and Motley Fool Caps. |
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| nchs09 |
| quote: | Originally posted by Krypton
This is the official thread to our marketocracy mutual funds. Discuss the performance of your $1,000,000 mutual fund or the economy.
If you want to join the mutual fund FUN!!!...
Register at Marketocracy. Once you register, join the TrancEaddict Investors Club.
Don't know what a mutual fund is? For those who don't, a mutual fund is simply a group of stocks. Like a basket of eggs, but obviously filled with stocks.
In marketocracy, you get $1,000,000(fake) to run your own mutual fund. You get to buy and sell most stocks, and you are also ranked relative to several benchmarks. You must follow all the rules real-life mutual fund managers must follow. See if you can beat me!!
Note: Top 100 on the site get paid for their stock picks.
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1. Stock Basics 101
2. Reference Guide to Stock-Picking
3. How to start investing with little money
Krypton's Investment Blog |
i did this in my economics class in highschool.
the trick was to pick some wierd japanese company which had lost alot of money the previews day, then buy a TON of stock and watch your money grow :D
of course it was with fake money id never do anything that stupid in real life :) |
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| Krypton |
| quote: | Originally posted by nchs09
i did this in my economics class in highschool.
the trick was to pick some wierd japanese company which had lost alot of money the previews day, then buy a TON of stock and watch your money grow :D
of course it was with fake money id never do anything that stupid in real life :) |
A strategy like that would never be able to be sustained over time. It's a very speculative shorterm strategy, but your economics class was short-term, so maybe it could have worked. It wouldn't work on marketocracy, because the mutual fund never ends, so you can't help but use a long-term strategy, unless you're good at active day-trading, but then you'de have to worry about fees and taxes. |
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| nchs09 |
| quote: | Originally posted by Krypton
A strategy like that would never be able to be sustained over time. It's a very speculative shorterm strategy, but your economics class was short-term, so maybe it could have worked. It wouldn't work on marketocracy, because the mutual fund never ends, so you can't help but use a long-term strategy, unless you're good at active day-trading, but then you'de have to worry about fees and taxes. |
oh no, they did not teach us that....
thats just how i cheated and won the contest :D
but yes, we learned alot of stuff but the competitive part was just for fun. |
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| spdandpwr |
| i have two funds and want to erase one of them...does anybody know how to do that...i gotta start being competitive....but can't without knowing how to erase an old fund |
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