Grade 11 Business Class help?
Im curently in a grade 11 business class, and one of the projects later on in the semester is a fake stock market where each student gets 10 000 dollars and is allowed to buy any type of stock from anywhere, even international stock exchanges, now the time limit is three months and we will be using real market values. What is the best stratagey to get maximum profit out of this fake 'game'?
Comments
Focus your efforts on companies which operate in (or have the bulk of their operations in) emerging markets. Stay away from US & Europe where the economies are stagnant. Keep in mind that there are US companies with significant operations in the emerging market economies - these would be options to consider. Three months is a very short investment horizon. You're going to have to get aggressive. Look for low P/E's in the BRICs (Brazil, Russia, India, China).
Start here for a basic understanding of the BRICs: http://en.wikipedia.org/wiki/BRIC
tough one to answer unless you know anything about technical indicators if it were me i would use 20 day moving average and trade the swings but that's just me but i would trade the longs and shorts contact me if you like and ill try to help [email protected]