Trading Instructions:
You may purchase/sell any stocks listed on major US exchanges:
For example:
Limit Orders:
Buy 100 Shares of TSLA @ LIMIT $800
This trade will be processed if TSLA reaches a price of $800 during the next trading day.
It will be processed at the opening price if TSLA opens at a price lower than $800.
If TSLA does not reach $800 during the next trading day, this order will not be processed.
Sell 100 Shares of TSLA @ LIMIT $900
This trade will be processed if TSLA reaches a price of $900 during the next trading day.
It will be processed at the opening price if TSLA opens at a price lower than $900.
If TSLA does not reach $900 during the next trading day, this order will not be processed.
If you were to execute the example trades, you would have a
profit
of $100 * 100 shares = $10,000 for the trade.
You may also use a MARKET order.
For example:
Buy @ Market 100 Shares of TSLA
or
Sell @ Market 100 Shares of TSLA
Market orders will be executed at the opening price of the following trading day.
For the sake of moderator sanity - you will be limited to only 5 trades per trading day and a total of 10 different stock positions.
For the first trading day of the game - you will be allowed to submit 10 trades.
If I make any mistakes - please let me know.
Some useful links for looking up stocks:
Yahoo Finance
Finviz Stock Screener
Wall Street Bets