How to Play the WKU Investment Challenge
Start out with a hypothetical $25,000 and see how much you can accumulate in six weeks. Using an on-line internet account, you can trade as many times as you wish. Account balances and standings will all be displayed on-line and updated daily. You are limited to investing in stocks with a minimum price of $10 per share. Exchange Traded Funds (ETFs) and Mutual Funds are not acceptable selections for this game. It is your responsibility to meet these requirements. Portfolios of all winners will be reviewed to ensure adherence to the rules. Failure to comply with the rules will result in disqualification from prize money.
Entry Fee: NONE, THE GAME IS FREE!
The game begins on October 1 and runs through November 9, 2018. You may enter the game through October 26 and still be eligible to win a cash prize. Anyone enrolling after October 26 will not be considered for prizes.
YOU MUST BE A CURRENT WKU STUDENT TO PLAY FOR CASH AWARDS. FACULTY MEMBERS MAY PLAY FOR BRAGGING RIGHTS.
HOW TO GET STARTED
1. Go to http://www.investopedia.com/simulator/.
2. Register for an account. It is free! (Clear any information populated in the input boxes and enter your information. Note: you may skip this step if you already have an Investopedia account. Sign in using your Investopedia username and password.
3. Select the Games tab; then Join Game.
4. Search for the game: WKU2018
5. This is a private game so you need the password punisher to enter the game.
6. To be eligible for prizes, you must send an email to firstname.lastname@example.org after joining the game. Include the name you are using to play the game in the email.
The stock simulator site is based on actual stock market operations, but there is a slight delay in executing trades. This is a plain vanilla game so you may only trade stocks (no ETFs, mutual funds, bonds, options, etc.). There are two types of orders possible at this site: market or limit. A market order executes at the market price when an order reaches the market. Market orders cost $9.99 per order. Limit orders execute at the price specified as the limit for buying or selling a stock. If the stock price does not reach the limit, a trade will not take place. Limit orders may be outstanding until cancelled or only until the end of the trading day on which the order is placed (the order expires at the end of the trading day if the limit price is not reached). Limit orders cost $12.99 per trade. Be sure to include these costs when calculating how many shares you can afford to buy given your cash balance available.
If you have problems, you may call the game administrator as a last resort at 745-2413. E-mail the administrator at the gmail account first. The game administrator is the final judge dealing with any issues.
Still having trouble, email the game administrator at email@example.com.
Click here for up-to-date information on cash prizes.
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