Watch twitch chat burn money by trading on REAL stock market
21 replies, posted
[video]https://www.twitch.tv/stockstream[/video]
I want them to succeed really good. also, did they really think it through? where will earning go? Any charity campaign?
[QUOTE=karimatrix;52301207]I want them to succeed really good. also, did they really think it through? where will earning go? Any charity campaign?[/QUOTE]
Would be cool if it went back to the contributors, but I'm not sure they'll have much success
This stream actually got me started on the stock market. I only threw $10 in but I got a stock in GNC.
It's been fun watching it go up and down.
I plan on researching and investing money I get from freelance jobs in it once I understand it better, and see it grow.
I'm confused, how does this work?
[QUOTE=Nookyava;52301251]This stream actually got me started on the stock market. I only threw $10 in but I got a stock in GNC.
It's been fun watching it go up and down.
I plan on researching and investing money I get from freelance jobs in it once I understand it better, and see it grow.[/QUOTE]
Same here, would be neat if I can make a buck but I'll probably fuck myself over somehow :v:
[QUOTE=matt000024;52301278]I'm confused, how does this work?[/QUOTE]
To buy stock you type !buy or !sell and then the Stock name, i.e MON = Monsanto
Market is closed now so you can't buy or sell right now.
is there even any point investing in stocks with chump change? if you go in with $200, returns are small and losses are painful.
[QUOTE=loopoo;52301738]is there even any point investing in stocks with chump change? if you go in with $200, returns are small and losses are painful.[/QUOTE]
They started out with 50 grand...
[QUOTE=TestECull;52301920]They started out with 50 grand...[/QUOTE]
shoulda quoted the guy I was pointing that to. the one who put $10 into it.
I just really have to marvel at what strange fucking reality we're in where we have a dedicated channel for stock trading [i]for entertainment[/i]
[editline]oh hamburgers[/editline]
Bladerunner, Johnny Mnemonic, Ghost in the Shell, they all had it wrong. This is the true dystopian future.
[QUOTE=loopoo;52301975]shoulda quoted the guy I was pointing that to. the one who put $10 into it.[/QUOTE]
$10 isn't exactly painful
it's a good way to get into the market since you have a number to keep track of, but you can afford to throw away $10
it's just people spamming !buy FUN lmao
Watch as so many people play along that they actually influence the market with made up stock trends.
[QUOTE=TestECull;52301920]They started out with 50 grand...[/QUOTE]
I think its invested in a Robinhood account which lets you use play money, so no one actually put up any real dollars.
[QUOTE=Byndley;52305093]I think its invested in a Robinhood account which lets you use play money, so no one actually put up any real dollars.[/QUOTE]
Robinhood is all real money.
[QUOTE=loopoo;52301738]is there even any point investing in stocks with chump change? if you go in with $200, returns are small and losses are painful.[/QUOTE]
Well that is why I stuck with $10 because I didn't want to drop a lot of money into it at once, but I wanted to enjoy the moments it'd go up.
I've seen it go up $0.30 a few times, so it gives me an idea of what to expect if I invest more.
Just a silly thing, but I find it fun.
[QUOTE=Nookyava;52301251]This stream actually got me started on the stock market. I only threw $10 in but I got a stock in GNC.
It's been fun watching it go up and down.
I plan on researching and investing money I get from freelance jobs in it once I understand it better, and see it grow.[/QUOTE]
Invest in Vanguard Index 500, that's all you need to know.
[QUOTE=SGTNAPALM;52305616]Invest in Vanguard Index 500, that's all you need to know.[/QUOTE]
why though
[QUOTE=Sheer Visor;52306094]why though[/QUOTE]
Typically investing in index trackers (which is a form of investing called passive investing) is more successful than trying to beat the market by buying individual stocks. A lot of people these days are giving up on active investment and sticking money in an index tracker which follows the trend of a particular index (for example a FTSE100 index tracker would invest in a selection of companies in the FTSE100 that best represents the FTSE100 index - therefore, if the FTSE100 does well, chances are your investments will do well too).
Of course nothing is guaranteed, you can still lose money in any case.
More info:
[url]http://www.investopedia.com/university/exchange-traded-fund/etf4.asp[/url]
[QUOTE=Nookyava;52305172]Well that is why I stuck with $10 because I didn't want to drop a lot of money into it at once, but I wanted to enjoy the moments it'd go up.
I've seen it go up $0.30 a few times, so it gives me an idea of what to expect if I invest more.
Just a silly thing, but I find it fun.[/QUOTE]
What are you using to trade? Trading fees would normally eat that up extremely quickly.
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