{"id":19199,"date":"2023-02-28T10:44:36","date_gmt":"2023-02-28T10:44:36","guid":{"rendered":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/?p=19199"},"modified":"2023-03-01T14:22:10","modified_gmt":"2023-03-01T14:22:10","slug":"trading-game-winner-my-goal-was-to-make-as-much-money-as-i-could","status":"publish","type":"post","link":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/2023\/02\/trading-game-winner-my-goal-was-to-make-as-much-money-as-i-could\/","title":{"rendered":"Trading game winner: \u2018My goal was to make as much money as I could!\u2019"},"content":{"rendered":"

Last December students studying BSc Finance and Investment were able to take part in an exciting trading game competition, led by Dr Nikolaos Voukelatos<\/span>. <\/a><\/strong><\/p>\n

Each\u00a0participant was allocated 100,000 of virtual money to invest in stocks in any way that they saw fit.<\/p>\n

Nikolaos explains: ‘They could trade as frequently or infrequently as they wanted, and they could buy or short-sell any stock. The winner was the participant whose portfolio had the highest value at the end of the trading period.’<\/p>\n

The trading period ran from 23rd of October to 15th December 2022 via MarketWatch<\/a> a financial services firm. The winner we are pleased to announce was Adam Tew.<\/p>\n

Adam says: \u2018I got an email from my course leader, Nikos, about a finance trading game being offered to all students. As a competitive person and thought it would also aid my employability prospects when writing my CV for jobs in the future.<\/p>\n

My strategy was to buy companies that were cheap when compared to operating profits\/enterprise value, if a company had a strong ratio in its business model, I would buy it. For example, Google was worth 19x earnings for 20% growth around august and the stock hasn’t moved much so I decided to buy it and it went up about 5% for me.<\/p>\n

My other plan was to short companies that were burning cash, so if it was a growth stock in its early phases or any ad stocks I would short, or if a stock I thought was overvalued due to the inflation in stock prices throughout the pandemic.<\/p>\n

It felt good winning, it made me more interested in the stock market and trading, I have been much more motivated and have followed more stocks and have been checking on stocks daily since the start of the trading competition. I would love to improve my skills in trading and investing and the game has definitely made me inspired to achieve more.\u2019<\/p>\n

Interested in Finance and want to supercharge your expertise? We like your thinking. Find out more about our Finance courses here.\u00a0<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Last December students studying BSc Finance and Investment were able to take part in an exciting trading game competition, led by Dr Nikolaos Voukelatos. Each\u00a0participant … Read more<\/a><\/p>\n","protected":false},"author":74553,"featured_media":19212,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[124],"tags":[209528,261682,263895],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/19199"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/users\/74553"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/comments?post=19199"}],"version-history":[{"count":15,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/19199\/revisions"}],"predecessor-version":[{"id":19275,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/posts\/19199\/revisions\/19275"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/media\/19212"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/media?parent=19199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/categories?post=19199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/kbs-news-events\/wp-json\/wp\/v2\/tags?post=19199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}