The biggest change you’ll notice is the game-play is vastly different. In a sense it’s simpler, but it’s probably a little more advanced to play. Essentially, you can only make a profit by selling your shares on to another player. In that way, it’s a lot more like the real stock-market: you offer to buy a share at a particular price and someone may or may not sell it to you at that price.
There is another way to make money; that’s by selling short. Apparently I should have learnt this in my A Level economics class, but I don’t remember it (I didn’t do that well at Economics). If you understand selling short, skip this paragraph. Selling short is where you sell something you don’t own. So in share terms, you sell shares that you’ve got on loan from someone else. The idea is that at the end of your loan period you can buy them back at a cheaper price and you make a profit on the difference between the price you sold them and the price you bought them back. This means that you can make a profit on shares that lose value.
Our Bloggers league looks like it has been zeroed. So fresh start everyone…
The League of Bloggers:
Willhowells, spicer, qwghlm, le_poulet_noir, jonball, jdc, jamesgraham, foggyweb, doctorvee, causauk, britspin, artesea, Unity, UK Future, TsunamiCD, Swordsman, Stuart Bruce, Ripefig, Recess Monkey, Nosemonkey, NoSurrender, NickBarlow, Larryred, Lagwolf, Jamesw, Guido Fawkes, DirtyDen, Chris B, Bird of Liberty, Azeem Azhar, Assemblybird, Anthony Wells, AndyT.