Wednesday, October 28, 2009

Crazy sample number

I'm doing stock trading on the Virtual Stock Exchange Market and still struggling at around 2% increased everyday. I'm getting bored and thought:"Damn, this takes like forever to get rich with this amount of interest rate". But then I thought about it and did a sample financial calculation: if I can get 2% interest rate everyday (and it's absolutely obtainable, talking positively), and I do this crap 200 days a year, how much money will I get? The result was amazing: with 2% interest everyday, after a year my money will grow 54 times, and if I can try even harder and earn 3% interest rate everyday, that number jumps to 369 times... Holy crap!!!!

Thursday, October 22, 2009

A new interest

I have heard about the Virtual Stock Exchange contest from a long time ago, but I hasn't paid attention for it until yesterday, when I was so bored and decided to do something new, since it wouldn't cost me any real money anyway.
To be honest, I was pretty surprised to see how simple it is to buy and sell stock on the OTC stock market. All you have to do is money (of course the money I'm using is virtual so it's another thing), and you can decide on whatever stock you want to buy. The second thing amazed me is how stocks price go up and down every second, and an amateur like me still has no clue about their trends.
I think, stock trading is simple, but how to win a lot of money by stock trading is not. You have to decide when to buy, when to sell which stock, and to make that decision correctly, you need relevant information. That kinda explains why some people spends their entire days reading newspaper, watching stock price and make decisions.
I'm so glad, that I found out that stock trading is not as complicated as I thought before, and I know that I will be able to do this crap too. I will keep doing this for a while and after some times I'm gonna hit the real OTC stock markets with real money.

Wednesday, October 21, 2009

Don't feel like it...

Guys,
What would you write on your blogs if you don't have the mood to do it while you are required to???