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Buza Share Trading Comp

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From: Matt1986

To: JW
This Post:
00
195797.101 in reply to 195797.100
Date: 9/14/2011 12:07:27 AM
Overall Posts Rated:
372372
I don't know how the selling actually works... I've tried to sell a few stocks this morning but it didn't go throuhg and just my luck the market dived!!!
jw


The share price is based on the real share price, so your sell orders will only go through if there's been some activity on the share. If there's no trading at all on the share your buy/sell orders won't be processed.

Also, if you specify a particular price to buy/sell (instead of choosing 'at market') your order won't be processed until the actual price occurs on the share market - for that to happen you'll need there to be some activity on the share in real life, otherwise the share price won't actually change.

This Post:
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195797.102 in reply to 195797.101
Date: 9/14/2011 12:14:26 AM
Overall Posts Rated:
237237
The share price is based on the real share price, so your sell orders will only go through if there's been some activity on the share. If there's no trading at all on the share your buy/sell orders won't be processed.


Ah and I noticed that just like real life, your order is at the back of the queue so just because there are some trades at that price doesn't necessarily mean your order got fulfilled.

This Post:
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195797.103 in reply to 195797.102
Date: 9/14/2011 12:17:25 AM
Overall Posts Rated:
372372
Yeah, it looks like it pretty much mimics real life. Your order can only be filled if there's someone that wants to buy/sell the quantity of shares you are trying to buy/sell.

This isn't generally an issue with 'big' shares, but with smaller shares it can be.

This Post:
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195797.104 in reply to 195797.103
Date: 9/14/2011 12:48:13 AM
Overall Posts Rated:
237237
Well its more to do with the lesser known/traded shares where volume becomes a big issue and you might not be able to sell your shares unless there are trades.

From: JW

This Post:
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195797.105 in reply to 195797.103
Date: 9/14/2011 1:09:52 AM
Overall Posts Rated:
7070
thanks, yes that would explain it! i was trying to offload my small caps that had been smashed... that would explain why they didn't sell on Market values. I didn't realise it mimicked the actual market in that way as well...
I'm better off having that money sitting in cash!!
jw

Last edited by JW at 9/14/2011 1:10:30 AM

From: ezyfrag

To: JW
This Post:
00
195797.106 in reply to 195797.105
Date: 9/14/2011 1:19:52 AM
Overall Posts Rated:
286286
go gor the Datzilla tactic!

This Post:
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195797.107 in reply to 195797.104
Date: 9/14/2011 1:25:58 AM
Overall Posts Rated:
372372
Well its more to do with the lesser known/traded shares where volume becomes a big issue and you might not be able to sell your shares unless there are trades.


Well yes, that's exactly the reason. And it's not an issue of 'might' not be able to sell your shares unless there are trades, it's impossible to sell your shares unless there are trades (ie: there must be someone that wants to buy your shares, for you to be able to sell them).

From: abigfishy

To: JW
This Post:
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195797.108 in reply to 195797.105
Date: 9/15/2011 8:54:20 PM
Overall Posts Rated:
809809
jw u may need 2 get some1 in real life 2 buy those small shares so u can win the game

u should work out if u can actually make a profit by trading in real life to affect the game & win the $10,000

From: JW

This Post:
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195797.109 in reply to 195797.108
Date: 9/16/2011 2:37:19 AM
Overall Posts Rated:
7070
hahhahah no thanks, i'll probably actually end up losing $10k in REAL life
jw

From: PTE_NGUYEN

To: JW
This Post:
00
195797.110 in reply to 195797.109
Date: 9/16/2011 7:55:58 AM
Overall Posts Rated:
4949
i hear ya ; (

damn SWM is eating into my pension fund

"the labor party cant even spell surplus, let alone deliver one"
This Post:
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195797.111 in reply to 195797.110
Date: 9/16/2011 8:27:06 AM
Overall Posts Rated:
224224
Why are you in love with Southern West Media so much? Get a bad tip?

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