finance hw
m7s-bc1
trading_stocks_homework_1.docxTrading Stocks Homework
Requirements:
1. Enter the WKU Investment Challenge at Investopedia.com. The game starts on October 10 and runs through November 18. There is a link posted on Blackboard for accessing the site. Here are instructions for how to play the game (click link) or copy and paste the following address into your browser: http://orgs.wku.edu/fma/documents/howtoplay.php
2. Send an email to [email protected] with the name that appears for you (username) at the stock simulation site.
a. Include at least one market order to buy, one limit order to buy, one market order to sell, and one limit order to sell in your trades.
b. Explain how you decided the prices used for your limit orders.
c. Turn in a printed copy of your trades. You must print your list before the game ends so that you can still access the site.
4. Keep track of and report how much you spent in trading costs (both buying and selling).
5. Comment on your strategy for selecting stocks.
6. Comment on your game performance (higher or lower than where you started).
7. Include the return earned over the period on your investments. What was your ending balance? How much more would your balance have been if you did not have trading costs? See question 4 for amount spent on trading.
