Throughout the stock market game, there was a numerous amount of things that I did to try and help our team to succeed or exceed expectations. Throughout the 10 weeks, I wrote several blog posts including information on almost everything that has to do with the economy and the companies that we purchased stock in. I tried to make the posts as detailed as possible while trying to keep them limited in length. I also commented on other people's blog posts which I would try to provide the person with a uplifting comment but yet some remarks to help enable the person to write better posts for the next week.
If I was given the opportunity to contribute to the Stock Market Game or perhaps in real life, I would do some things the same. I believe that our way of researching the stock before buying was a good idea, in which we would watch to see how a stock was doing before buying stocks in it. I also thought that by purchasing stock in certain companies during certain holidays was helpful. By purchasing stock from companies that produce services or products that pertain to a certain holiday that was coming up, we could buy the stock while it was low and sell after the holiday was finished after the stock of that company went up.
There are some other things that I would change if I was given another chance to participate in the Stock Market Game. First, I would change the companies in which we purchased stock in because we appeared to lose quite a bit of money due to the unsuccessfulness of the stock after we bought it. I also would have liked to have changed how much and when we got rid of stock becuase after selling some stock off, it appeared to have went up, which limited our potential income that we could have gotten.
I learned quite a bit about the stock market and how hard it is to judge when a stock will either go up or down. I learned that a key to achieving success through the stock market is to research a stock as much as u can, and then purchase it only if you believe that it will do good for you. I also learned that the stock market cannot be predetermined by anybody really. The best hope is to research the stock until your satisfied with the what you see and then hope that the stock does what you believe it will.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment