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NSE Stocks Simulator
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kichwa_kibov
#1 Posted : Thursday, August 07, 2014 6:59:59 PM
Rank: New-farer


Joined: 9/24/2012
Posts: 20
Location: Tatu city
Hi Wazuans,

I just want to float an idea out there.
I am thinking of an idea of a NSE stocks simulator, where you get a particular amount of virtual currency to trade in the NSE. Something like the Wazua faNtaSEy game but with more features, e.g tracking the NSE 20 share or all share index, investing in bonds, etc.

The basic aim would be to make the stock market familiar to more people since it is intimidating to a majority of people out there.

If this were to exist, would you use it?
Do you think this would be a good route to introduce more people to the stock market, thus increasing awareness and local participation?
Any features you would like to see implemented?

Constructive replies please.

Thanks all.
The smart man learns the truth and screams it at others to try to change their mind to his own lifestyle’s detriment. The wise man learns the truth and applies it to his life. Others learn the truth from watching him.
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murchr
#2 Posted : Thursday, August 07, 2014 7:20:38 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
would i use it ... yes, the participation on wazua fantasey should answer that.

Is it a good introductory medium ... yes

features... mimick the nse completely include dividends, stock splits, bonuses, rights issues etc.

Introduce the secondary bond market and derivatives trading too
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
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Menengai
#3 Posted : Friday, August 08, 2014 2:21:31 PM
Rank: Hello


Joined: 7/16/2014
Posts: 9
That need is already filled in the market by the NSE Investment challenge.
The need right now is an online simulation of the futures market where we can learn to trade commodities like oil,gold,equities and forex.
Be unique and you will be ahead of the curve.
what do wazuans think about this?
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Goldilocks Reloaded
#4 Posted : Friday, August 08, 2014 2:32:51 PM
Rank: Member


Joined: 1/14/2014
Posts: 178
Yeah NSE is already doing the simulation with University students. Simulations for Futures, Derivatives, Options, etc would interest me.
Go for a business that any idiot can run – because sooner or later, any idiot is probably going to run it – Peter Lynch
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Mart_Consult
#5 Posted : Friday, August 08, 2014 4:14:58 PM
Rank: Member


Joined: 11/7/2013
Posts: 127
Location: Nairobi, Kenya
Menengai wrote:
That need is already filled in the market by the NSE Investment challenge.
The need right now is an online simulation of the futures market where we can learn to trade commodities like oil,gold,equities and forex.
Be unique and you will be ahead of the curve.
what do wazuans think about this?



However, the NSE Investment Challenge is time-bound...so there's still opportunity for a timeless (securities) simulator...with features that support the Futures and many (more) Options (pun intended) ...smile
I went into the (Ferry) industry knowing the same thing I knew with all other businesses I went into- Nothing. Then I built it from there. - Sheldon Adelson (Titans at the Table- Giants of Macau)
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