Finance Timeline
From the Start
Before the course started, I can honestly say I knew little to nothing about stocks, but as time has progressed, I have been learning more and more about stocks. The one thing I knew was that stocks have the ability to be constantly be going up or down, so when we first started the game, I would choose to buy stocks based on if they had the green arrow beside them and if the overall graph appeared to be increasing. But later on, I took on a different approach, I started to predict stocks instead. At first I would start to buy stocks if I believed they were going to go up, but later on I also learned what it was to short a stock. So recently I have started to buy and short stocks depending on how they were doing. At first, majority of the stocks i chose did not have as much reasoning as to why I chose them, it was just me predicting how they were going to do. To this day, I chose to sell stocks when I have made a good amount of money from them so I can keep the money made from that stock.
For the most part, I can say everything I have been doing in this game is what I have learned from this course so far. But to be more specific, some of the things I find most outstanding of what I have learned to this point is the following; first, I was not aware of how fast you can make money, but at the same time, how fast you can lose that money. Another thing I have learned is that the gold industry, is an industry that fluctuates quite frequently, which can be both a good and a bad thing (a good thing if you can accurately predict its' rise and falls a bad thing if you can not do so). I have also learned about shorting stocks, this was something I was not aware of at first, but know that I have learned about this, I think it is pretty cool because it can diversifies the ways in which you invest in stocks. I also learned that stocks is all about predicting the market, trying to as accurately predict what will happen next, accurately predicting the market is something I still have yet to learn.
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