flower-shilling

No prize The Trading Game #1

Smithys Bullion - FINE GOLD AND SILVER
Competition does not have a prize.
The Trading Game
In this virtual trading game your initial cash balance is $100,000 AUD. The player with the highest portfolio value at the end of the game wins.

Use leverage carefully, as your game will end if your total balance falls below $1.

No prize in this first game. But there will be in future games.

 
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Hunger Games Odds GIF
 
US markets don't open for a couple of hours. I expect this to be a decisive week for silver. It's been a long time since the $30 resistance has been broken and here we are a few $$ away looking to test it for the second time in a few weeks.
 
I did a short trade to test everything out. Landed me $400+ profit but it's not registering anymore?

Edit: ok, there's a definite lag between displayed price/profits and actual price. Because there's a time delay before the price will refresh, If you close a trade, it will show the most recent refresh price but that may not be the actual price. It will only be marginal but something to keep in mind when closing a position.
 
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STKR said:
One suggestion I have (if possible) is to put the silver price next to the open trading position, indicating the price point the position was placed.
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Good idea, I'll create something that displays updated prices. In theory it could still be out-of-date if you press 'buy' within a few seconds of the price changing. But at least it won't be too far different.

In the meantime, best to press the 'refresh' before placing a 'buy'. That will at least make sure the price is as up-to-date as possible.

I'll gather up a few changes before the next game.
 
Maybe for the next game there should be two prizes. One for the highest value portfolio, one for the person who loses the most money, or goes bankrupt first.
 
Administrator said:
Maybe for the next game there should be two prizes. One for the highest value portfolio, one for the person who loses the most money, or goes bankrupt first.
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🤣


Administrator said:
Good idea, I'll create something that displays updated prices. In theory it could still be out-of-date if you press 'buy' within a few seconds of the price changing. But at least it won't be too far different.

In the meantime, best to press the 'refresh' before placing a 'buy'. That will at least make sure the price is as up-to-date as possible.

I'll gather up a few changes before the next game.
Click to expand...

Also having the position size would be helpful. If you have multiple positions, I can't see any way to tell what size each one is without remembering them and the order you placed them.
 
@Administrator Does the displayed metals price and the trading price come from the same source? I've noticed a discrepancy between when the price refreshes and is displayed vs when the trading position updates.
 
STKR said:
@Administrator Does the displayed metals price and the trading price come from the same source? I've noticed a discrepancy between when the price refreshes and is displayed vs when the trading position updates.
Click to expand...

They are both from the same source, and updated every minute.

I'll check this out for v2.
 
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