Select at least 5 stocks and use up at least $95k of the $100k virtual money in the simulation. Will include screenshots of open positions, account balances, and news headlines. Include a short paper on why you chose the specific stocks.
Here is the directions from the unit
Directions
- Create an account and enter the LIM contest
- Follow the instructions given on the HTMW site to set up an account and to register in the contest I have set up. Use this link. (Links to an external site.) Make sure you are in the correct term’s contest.
- Click sign up and provide the information requested.
- Go to the Registration and Site Overview video (Links to an external site.), which should help to get you started.
- If asked for the amount of virtual cash that you wish to have in your account, enter $100,000. This is the default for the contest.
When can I buy or sell stock? Note that you can only buy or sell stock when the market is open in NY, which is from 9:30 – 4 PM, Monday through Friday.
- Strategy
Choose companies with which you are familiar – as a customer, as an employee, from a research paper in another class, etc. You might consider the following criteria in your preliminary research:
- Strong revenue growth
- Strong earnings growth
- Analyst ratings – what do the “experts” think?
- Is the price of the stock historically high or low?
- Diversification
