The Game: Virtual Stock Market
 

 

Index: Browse through the pages

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What are Stocks/Shares? 

Why do I buy Stocks?

Where do I buy Stocks?

How do I claim a Stock?

Why do companies issue shares?

What are types of stocks?

How are the stock prices decided?

What are BULLS and BEARS?

Why do stock prices change?

Who are the share brokers?

Risks of Shares

 Virtual Stock Market Game

Some myths: Fear on investing in stock markets

Real Stock Exchanges in India

Sensex: A brief Intro

 

 

 

Now go to the site. Register with a unique username and password. Then log in.

You start with a fixed amount of money: Say Rs. 48,000 in the beginning. This is your total money – you can invest all initially or you can invest slowly. It’s your choice.

Can you see this box on the Left Side? Details are given below the table.

Home

Click here to reach the opening page. It will show your Rank among the shareholders. Balance shows how much money you have to buy shares.

You are competing against 416 Players!” shows the number of players in the game.

Can you see a Ticker Tape running under Game Data? It shows you the present price and past price of the shares. The stock rates are reloaded every 38.222 seconds! or you can see new rates  Just like the real market.

VSEDEX (Virtual Stock Exchange Index) show you the index of the stock. If it’s GREEN, then the market is BULLISH or rising. If it’s RED, beware! It’s a BEAR MARKET! By now you know the strategies a bit! Apply them!

VSEDEX has crossed 10,000 mark! Let's hope that this keeps on rising so that investors don't lose their money!

 My Portfolio

This is your portfolio. This is your share folder, in layman terms. When you buy your shares you can see the shares, their purchased price, the current price, and the number of shares you hold. If the current price is higher you may decide to sell some shares to get profits. If it’s not enough for you, don’t sell. Apply your strategies based on Bull or Bear Market.

 Buy Shares

Here you go to buy shares. Select a company name from the drop down Menu. Some new data will appear below.

  1. Market watch shows you the

  2. Current Price: Present market price

  3. Minimum selling rate: Minimum price at which others are selling

  4. Shares to sell: How many shares are selling in the market?

  5. Max. Buying Rate: Max price buyers are willing to pay.

  6. Shares to buy: How many you can buy?

 Depending on minimum of buying and selling rate and Shares to buy, you quote Number of Shares and Price Offered, that is number of shares you want to buy and the amount you are willing to pay per share. If a seller agrees to your price quoted, the person will sell you his/her shares. You have to wait for the whole process to take place.

When you are ready to buy a share and bid for it, then you are said to be Quoting for a Share.

Remember, transactions will take place at the minimum rate!

Sell Shares

 Again similar window as buy shares. If you have bought shares, the company names will show in the drop down menu.

Look at Market Watch and My Portfolio. If Purchased price is less than the Current price, you can sell to earn some profits! Don’t sell if current price is lower.

Now look at Shares to sell, you can sell that many shares. Min. selling price shows you minimum price at which you can agree to sell. Sell at a higher price, but less than or equal to the Max. Buying Rate. If your quoted price is higher than the buying rate, you won’t find a buyer!

Pending Quotes

Pending quotes shows you the quotes you have made and still waiting approval from buyers (if you are selling, indicated by s) or sellers (if you are buying, indicated by b). It shows you your quoted prices (Prices Offered) and number of shares you quoted (No. of shares).

 Passbook

Passbook will show you, the amount you have spent on paying Share price, brokerage, and the amount you earned in selling. At the end it will show your balance amount after each transactions.

  Market Watch

Here you can see the current trends: who’s going up, who’s going down and how many to buy/sell. These information are the ones you see while buying or selling stocks. 

IPOs

By now you know IPOs, don’t you? Initial Public Offfer. These are new shares, exclusively brought to your doorstep. You are now in the Primary Market. Bid on whichever share you decide, there’s a bid range. Don’t over-quote price. There are minimum number of shares to be bought too. You can’t buy less number of shares. Look at the market and decide!

2 IPOs are open since since 15th September, 2006.... Go grab them and make a head start! All your bids are collected and will be processed at a particular day.

 My IPO Bids

Check your IPO status. Look if your bids have been approved or not, how many you possess and what’s the current prices going on!

 Past Transactions

All your past transactions are here. You can take a look at how many shares from which company you bought – at what rate? Also, how many you sold at what rate from which company?

  Company Profile

It shows:

  • Company: The companies which are in Secondary Market
  • Current Rate: Current share price with green or red numbers in bracket. The green number with plus sign denotes that the company is not losing from the past rate, even a zero means not losing anything, isn’t it? If it’s red, beware.. share price of that company is going down!

Market cap; Means the value of the company in millions (M). Now here you can compare and decide whose share to buy and whose not!

 Hall of Fame

The top 25 players will be visible in a new window. If your name is there be happy that you are in top 20 bulls and bears – you rule the market! The Trail by show how much points you are trailing by from the person above you. Gear up if you are trailing by a slim margin!

Logout

You exit from the game. 

Now tit-bits about the transactions:

  1. Don’t quote arbitrarily. You will not get the share plus lose Re. 1 for brokerage cost. The brokers are merciless.
  2. Once quoted you can’t withdraw. However, it seems that Delete Quotes feature will be added in near future. 
  3. Your rank is determined by: It’s on (Money + Value of Shares you have/My Portfolio)
  4. If you want to purchase/sell more shares than available in sell/purchase quotes, you can apply. That will be stored for future quotes whenever there are sellers/buyers of the specific shares. Check if you have enough balance before doing that.
  5. Sometimes transactions are not immediate? Have patience, we need a buyer or seller to buy or sell you stocks. As soon as we locate them, your portfolio will be updated.  You can see see your Pending Quotes in market from left-panel.

 (This section is by Mitanshu Garg)

You can discuss more about this game at http://forums.mitanshu.com