The ASX share market game is conducted bi-annually, each player is assigned a hypothetical AUD$50, 000. This year however due to technical difficulties game one was cancelled. The Australian Stock Exchange’s (ASX) education arm administers the share market game. The share market game has some very specific rules for trading and takes into account actual…
Australian Stock Exchange ASX Share Market Game 2007
By Mark | Published September 10th, 2007Trade to Win
Trading Wisdom
People overestimate the success rate for the strategy of “buying cheap” and underestimate the success rate for the strategy of paying top dollar. This is one counter intuition that the good trader can oppose and exploit. Buying high and selling higher is difficult mentally and, therefore, very likely to be effective.
— William Gallacher
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