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MSE Fantasy Share Trading Competition

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Stealing this idea from another forum, a fantasy share trading competition.

*You don't need to be experienced*

The competition will consist of a league table, and very lenient rules - this will be good practise for all participants (and free!). Another good thing is that it is impossible to cheat.

Starting rules:
Start with £10k with no resets so your portfolio will run forever.

There is a £10 commission charge (fee paid when buying AND selling shares) and the stamp duty is a charge that accounts for 0.5% of the entire value of the trade. This is ONLY paid upon buying shares, NOT selling.
You can only trade shares listed on the LSE.

HOW TO ENTER THE COMPETITION

1/ Goto https://www.lse.co.uk/register.asp
2/ Enter your details. Make your username your MSE username or similar
3/ Click Register and go to your email account.
4/ Click the registration email when it arrives (usually 5 mins max)
5/ Sign into your LSE account at http://www.lse.co.uk/
6/ Click the 'Share Game' tab
7/ Click the Fantasy Share Game link
8/ Click 'Search/join Game'
9/ In the Game Name type MSE Trading Competition
10/ Enter the password

msemembers

Make sure you use lowercase letters.

11/ All done!

Should be good fun and practice!

I'm putting together a short guide to using LSE but it is pretty intuitive.

Just post if you are joining and I'll update the post with current members :)
Neil
«13456

Comments

  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    edited 6 July 2012 at 12:44PM
    Players
    The_JinJ
    JoeCrystal
    Scarpacci
    deutsch (dasistgut)
    Bowlhead99
    sabretoothtigger
    wileycat

    Reply if your taking part and I'll add you to the list....come on, should be risk free fun :)
    Neil
  • JoeCrystal
    JoeCrystal Posts: 3,335 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    :) I am taking part. Should be interesting. No doubt I will lose heavily like all my investments *sighs*
  • deutsch
    deutsch Posts: 398 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    if i get started, i'll likely get too addictive, but someone persaude me please!
  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    deutsch wrote: »
    if i get started, i'll likely get too addictive, but someone persaude me please!

    ........go on.......:)
    Neil
  • JoeCrystal
    JoeCrystal Posts: 3,335 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    deutsch wrote: »
    if i get started, i'll likely get too addictive, but someone persaude me please!

    :p You do not lose any money? That is a very big plus!

    Cheers

    Joe
  • Scarpacci
    Scarpacci Posts: 1,017 Forumite
    Sounds interesting, The_JinJ. I think I will give this a whirl. :)
    This is everybody's fault but mine.
  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    Scarpacci wrote: »
    Sounds interesting, The_JinJ. I think I will give this a whirl. :)

    Good man, more the merrier :)
    Neil
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 3 July 2012 at 11:30PM
    I signed up but it wont let me add stocks.


    I usually enter stockchallenge and it has a monthly prize and isnt possible to manipulate as you cannot touch it for the whole month.

    A fantasy game like this becomes about trading not investing which is probably not the focus of this forum


    Prizes for 1st to 3rd is hundreds of pounds, nice bonus for a game
  • The_JinJ
    The_JinJ Posts: 468 Forumite
    Part of the Furniture Combo Breaker
    Sorry, not sure how it happened but seems the game doesn't start until Monday 9th! There isn't a setting that I can change to alter this.....hmmmm
    Neil
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I'm in, but cant buy yet waiting for next Monday's start date to roll around. Hopefully I won't have forgotten all about it by then...
This discussion has been closed.
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