Last week my boss had the brilliant idea to enter in a stock-market simulation.
This week is the practice week, and after three days of practicing I am so glad I don't do anything with real money at the stock-market.
Here's the deal:
You get 100 points, (110 if you answer the extra questions) every day you choose three shares from a selected amount of shares available on the Amsterdam exchange market. Only dutch companies off-course.
You can also choose to use either a short-turbo or a long-turbo, these will give you 300% of your score. However, the short means you get plus-points when the share is falling and the long means you get plus-points when your share is growing.
Well, I have the tendency to choose the wrong share and the wrong turbo for it... Yesterday I had a good turbo, but one of my shares was falling so fast, I had no chance.
And today??
Well today was utter horror.. I chose a share which I thought would be falling fast.. So I put a short-turbo on it.. However.. it grew.. fast... So I ended up with -8 points.
And at the last place of our companies' subpoule.
Once more it has been proven that I have no economic sense.. AT ALL!!
Hopefully I'll get the hang of it before the actual simulation competition starts next monday, because the winner of this competition will get some nice prizes!
If anyone has any tips for me, they're very very welcome!
