From my experience during the stock market game I found out that the market is very random and could take the wrong turn at any moment. There will be days where the market will just crash on you or it could go the other way around and you could accumulate a ton of profit. At the beginning of the game I didn’t know what to do so I just bought random stocks that the website suggested to me. I got my friend, who was already familiar with the stock concept because he was in Mr. Barton’s Finance class to teach me what and how the stock market worked. So because I felt confident with the information I was taught so I bought over a hundred shares of Activision Blizzard. The reason for this was because Black Ops 3 was coming out. I thought that
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After this incident I focused on stocks such as Target, Best Buy, and Amazon, due to Black Friday being around the corner I thought I should focus on retail stores that highly advertise their Black Friday sales. Black Friday brought back all the money that I lost from Activision. Of course I became greedy and kept the stock instead of selling them and when Black Friday ended the stock started to drop and I was back to where I was. I did the same thing during the Christmas sales where I would buy some retail store stock only to forget selling them afterwards. There was only two stocks that mainly focused on and they were Amazon and Chipotle. For Chipotle I shorted it due it losing its money value from the E Coli outbreak that happened making it from a six hundred dollar stock to a four hundred dollar stock. This was probably my biggest money maker throughout the whole game. The other stock was Amazon, which had an amazing year during the later half of 2015 blowing up from a $640 stock to a $700 stock. After 2016 started though Amazon began to have a loss in its earnings. One of the reason was due to the fact that drones, which Amazon had planned to use as a new delivery system, could lead to a danger with other manned planes and it also seemed like
After this incident I focused on stocks such as Target, Best Buy, and Amazon, due to Black Friday being around the corner I thought I should focus on retail stores that highly advertise their Black Friday sales. Black Friday brought back all the money that I lost from Activision. Of course I became greedy and kept the stock instead of selling them and when Black Friday ended the stock started to drop and I was back to where I was. I did the same thing during the Christmas sales where I would buy some retail store stock only to forget selling them afterwards. There was only two stocks that mainly focused on and they were Amazon and Chipotle. For Chipotle I shorted it due it losing its money value from the E Coli outbreak that happened making it from a six hundred dollar stock to a four hundred dollar stock. This was probably my biggest money maker throughout the whole game. The other stock was Amazon, which had an amazing year during the later half of 2015 blowing up from a $640 stock to a $700 stock. After 2016 started though Amazon began to have a loss in its earnings. One of the reason was due to the fact that drones, which Amazon had planned to use as a new delivery system, could lead to a danger with other manned planes and it also seemed like