Wednesday 8th Feb 2012 02:44 PM
Welcome to Qotion.com!
Qotion.com is a website for you to browse and discuss financial products. Currently, we are undergoing further development, and hope to serve you when we relaunch the site with new features.
Sun, 05/18/2008 - 14:11
Maybe what we can do to educate the financial knowledge of people is to start a big online game, through the game, we can simulate things like unpredictability of the market and so on which will give people a basic idea of the financial system, so they don't get too greedy in the real world and anyhow invest :p
But again, it is a big effort, unless we get enough ppl to implement it :P
Without giving away too much, we are actually planning a stock competition whereby you can virtual trade with virtual cash.
Learn the ropes first with paper money. Hone your strategy and familiarize yourself with the market. Paper trading first definitely helps. Many people make the mistake of going head on into the market without doing any due diligence. And end up paying lotsa tuition fees.
Having said that, virtual trading can only help you to a certain extend. When you do the real thing, there is where the psychological bit comes in. Real money is now involved...
Okay before I digress too far...yes...look out for a stock competition from Qotion soon.
As for other form of financial educational games...feel free to suggest.
Jag
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
Oh, more ideas... (not for the stock competition :p)
Perhaps the game can have elements of surprise (like the Chance cards in monopoly), where players can get ill and if they are well insured, they won't lose too much money. This will educate them on the usefulness of the types of insurance they should have :)
Lets look forward to the upcoming stock trading competition. A great chance to learn from the experts along with the lessons with feeling the pinch of losing lots of real money.
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
just to let you all know about this website where you can play a stock simulator game...it tracks the real market
http://www.tradershub.net/
http://www.tradershub.net/
Yep know about them. A good site.
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
http://www.tradershub.net/
Yep know about them. A good site.
Does it provide dummy account?
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
http://www.tradershub.net/
Yep know about them. A good site.
Does it provide dummy account?
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
yup. a virtual account with virtual cash...
you can even compete with other account users. There's a ranking table. Just like Qotion's Qpoints...haha
But it has been some time since i log in to the account...in fact, i have forgotten my password...hahaha
But it has been some time since i log in to the account...in fact, i have forgotten my password...hahaha
We are counting on you not to forget about Qotion. =)
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
But it has been some time since i log in to the account...in fact, i have forgotten my password...hahaha
We are counting on you not to forget about Qotion. =)
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
don't worry sir, i will be back
haha
Cheers thats great, works the same as paper trading.
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
But again, it is a big effort, unless we get enough ppl to implement it :P
There are many ideas that will work to get the financial education movement going. I personally don't think there's a one fit all type of mega game or book that will help. I'm not sure what the big effort is, be it time, resources or money, or number of people involved, good ideas that will benefit many many people will find support
I believe there's more benefit to financial education than teaching people about greed and poor investing, there are people who subscribe to products or instruments they don't understand. or simply don't save enough money
But again, it is a big effort, unless we get enough ppl to implement it :P
There are many ideas that will work to get the financial education movement going. I personally don't think there's a one fit all type of mega game or book that will help. I'm not sure what the big effort is, be it time, resources or money, or number of people involved, good ideas that will benefit many many people will find support
I believe there's more benefit to financial education than teaching people about greed and poor investing, there are people who subscribe to products or instruments they don't understand. or simply don't save enough money
teach people the basic skills to fish. After that, once they acquired the skills, they can improvise and come up with their own fishing rods and different new baits.
teach people the basic skills to fish. After that, once they acquired the skills, they can improvise and come up with their own fishing rods and different new baits.
Yup correct. In schs they teach all these now. Last time my fren joined one in sch, learnt so much. They were given "money" & accounts to see who makes the best choices & returns. Think their team won or 2nd la... Now he quite good in these, like, experience before la.
For me, still skeptical, quite scared. Not doing anything with my $ wisely. Except spending la, hahaaa~
teach people the basic skills to fish. After that, once they acquired the skills, they can improvise and come up with their own fishing rods and different new baits.
Yup correct. In schs they teach all these now. Last time my fren joined one in sch, learnt so much. They were given "money" & accounts to see who makes the best choices & returns. Think their team won or 2nd la... Now he quite good in these, like, experience before la.
For me, still skeptical, quite scared. Not doing anything with my $ wisely. Except spending la, hahaaa~
you can learn it too!
There's a website that provides you with virtual cash and you can trade with it!
you can learn it too!
There's a website that provides you with virtual cash and you can trade with it!
And that website is ??
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
you can learn it too!
There's a website that provides you with virtual cash and you can trade with it!
And that website is ??
----------------------------------------------------------------------------------------
Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
http://www.tradershub.net/
teach people the basic skills to fish. After that, once they acquired the skills, they can improvise and come up with their own fishing rods and different new baits.
Yup correct. In schs they teach all these now. Last time my fren joined one in sch, learnt so much. They were given "money" & accounts to see who makes the best choices & returns. Think their team won or 2nd la... Now he quite good in these, like, experience before la.
For me, still skeptical, quite scared. Not doing anything with my $ wisely. Except spending la, hahaaa~
Which school was that by the way?
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
Ah icic ...got it...thanks will try it out for dummy account.
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
i have an account there but I have forgotten my password and havn't log in for almost a year!
haha
I believe there are quite a few providers out there that provides demo accounts also.... think saxomarkets does rite? any else?
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.