market_roulette | admin: monday post, january 10, 2011

seperis posting in

I forgot to email

jamethiel to tell her it's her turn. Sorry!

This is the Monday post for the week of January 10-16. All transactions and questions should go here. The last one will be closed; if you have anything you want to change in that one, post here with a link to it.

Announcements

Er, none. Second part of the market tutorial goes up this week. I'm working on my grocery store metaphors. If anyone wants to contribute a post about anything, contact one of the mods. We like posts!

Reminders

1.) January is still no-transaction fee month.

There is no fee for buying or selling. If anyone wants to sell as well as buy, this would be a good time to do it. I'd suggest any day when a major announcement is scheduled to come out and you can watch stock prices rise and fall. We haven't talked about short selling yet, but I'm wondering now if I should set a month later in the year as transaction-free and see what everyone does with it when they know how to do it.

2.) February will be a no-transaction fee except for selling month. Selling fees are the same as real-time fees.

3.) March will see the introduction of the ETF and mutual fund. One of the drawbacks of mutual funds usually is that they require a starter amount from $1000 to $10,000 dollars to even begin. Most self-service brokers, however, have ways around this, so we'll be introducing both items for trade after there's been a short tutorial over them and what they do.

Conversion Data

All future currency conversion data is on the sheet labeled ConversionData here. I checked against yahoo and msn and googlefinancial's historical conversion data is accurate to three to five decimal places, which for our purposes is perfect, so it updates automatically for everyone.

Transaction Format

We'll probably just keep posting this in every Monday post for easy reference.
Format

Buying - Real Time

Format of Declaration to Buy:
Subject Line: "Buy: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Price: In Your Country's Currency
Shares: 5
Country: Your Country

Buying - Automatic

Format of Declaration to Buy, Automatic:
Subject Line: "Automatic Buy: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Amount: Amount you wish to invest in this stock
Country: Your Country

Selling

Format of Declaration to Sell:
Subject Line: "Sell: {Ticker}"
Name: Your Name
Company: Company Name
Ticker: Ticker
Time: In Your Time Zone or in GMT (say which one you're using)
Price: In Your Country's Currency
Shares: How many shares.
Country: Your Country

Markets

Also will now be listed on every Monday post:

Eligible Exchanges:

1.) NYSE, any version.
2.) Euronext, any version
3.) ASX - Australian Stock Exchange
4.) LSE - London Stock Exchange
5.) TSE - Tokyo Stock Exchange
6.) Hong Kong Stock Exchange
7.) Shanghai Stock Exchange
8.) Toronto Stock Exchange
9.) Deutsche Börse
10.) NASDAQ
11.) Any stock listed in your local market.

You may buy from any of these exchanges no matter where you are or what country you are in, as well as your home country exchanges and any they are allied/list.

Transaction Alpha Test

To make things easier, I'm trying out a googledocs form to record transactions. It also automatically timestamps.

Transaction Form

If anyone can tell me how to make it imbed, please do so, because it totally will not.

This page should show you your transaction afterward.

Tell me if this works or not. I hope it will be slightly more convenient than posting here, though you're welcome to do both. Eventually, anything recorded here will automatically update your individual spreadsheet. I got that working on one set, but I also got import data working on one set and not on anything else, so go googledocs.

Final

Happy buying!

Current Mood: awake

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Flat | Top-Level Comments Only

From:

jenna_thorn

Deleted both purchases and if there's a way to clear the form, please do so. I missed the stock restrictions and was buying outside the agreed on limited group of available stocks.

My apologies. I'll try again later.

From:

seperis

I checked; you're fine on the stocks. They're NASDAQ listed and traded across all markets in the US. You can get anything from those ten plus anything in your country's markets, and NASDAQ is a US exchange.

I can still remove them if you want, but they should stand fine.

(no subject)

From:

jenna_thorn - Date: 2011-01-10 05:45 pm (UTC) - Expand

(no subject)

From:

seperis - Date: 2011-01-10 05:55 pm (UTC) - Expand

(no subject)

From:

jenna_thorn - Date: 2011-01-10 07:04 pm (UTC) - Expand

(no subject)

From:

seperis - Date: 2011-01-10 07:23 pm (UTC) - Expand

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From:

jamethiel - Date: 2011-01-11 01:17 am (UTC) - Expand

(no subject)

From:

seperis - Date: 2011-01-10 05:58 pm (UTC) - Expand

From:

mermade

I found the form kinda nifty. My own paranoia about breaking something like the form, or the mods, is making me rather nervous about the whole thing.

From:

seperis

*snickers* Yours went through fine. I like being able to view all transactions at once and see what people are buying and interested in. Though I need to shorten the data correction a bit. And maybe add random questions. Just to see.