Howdy Oppo! Come one, come all and join the stock market game where Opponauts can compete against each other to see who exits the game as the richest player at the end of 2016. Opponauts can join now! The game launches today, January 4 with trading beginning in 30 minutes. We’ve got 25 Opponauts, lets get more!

The game is on MarketWatch. The game is always accepting new players even after starting!

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To sign up, click here, create your account, then click on the link in the above paragraph. When registering to create your account, you can use your full Oppositelock username (this is highly recommended).

What To Expect

  • The game’s password is “oppositelock”, with no capital letters.
  • Each player starts with $2500.
  • The commission price has been removed.
  • Margin selling (or borrowing), is disabled.
  • There is no limit to how many shares a player can purchase of a stock.
  • There is no minimum limit to the price of stock a player is allowed to purchase.
  • An internal discussion board is available for all players that are participating. I will frequently post helpful information and useful articles that are worth taking a look at and provide my own brief commentary once in a while. Discussion is recommended for anybody wanting to discuss anything related to or surrounding the game, seeking help, etc. Glance over the discussions once or twice a week for new posts!
  • Players can only view their own portfolio. If one desires, they may talk about what stocks they own in the game’s internal discussion section.
  • The game will end on Friday, December 30, 2016.

Information in this post will be continuously updated before and after the game has begun.

Have any questions or concerns? Ask away!

Quick Tips

  • The stock markets begin trading at 9:30am Eastern and stop at 4:00pm Eastern, except on holidays, where the stock markets are either closed or the trading day ends early.
  • To search for stocks you would like to trade, you must enter the ticker symbol for the company. Entering a name of a company will yield blank results.
  • All quotes on the website are updated in real time.
  • Certain stock quotes on MarketWatch may be delayed by 15 minutes. (You can view this by checking the quote’s page on MarketWatch and looking underneath the quoted price) All stock quotes on MarketWatch display time stamps for when the price was last updated (which may also be representative of when the last trade took place). To see if more recent or real-time prices for delayed quotes are available, search for the ticker symbol on Google and on Yahoo (Yahoo Finance). Sometimes stock quotes may transition from real time to delayed and vice-versa. Quotes for OTC and UTC stock markets are always delayed on all three websites.
  • If a stock’s quote is delayed on MarketWatch, a buy or sell order for the stock will be delayed by 15 minutes. A buy or sell order on a stock’s delayed quote cannot be cancelled.

Objective — While the game will have a rankings list, your goal should be to end the game with more money than you originally started with. Finishing the game with the #1 ranking (a.k.a, the highest net worth) ought to be a by-product of the goal.

Essential Information

Have no fear on constantly needing to check up on the game! There are features available to control your portfolio when you aren’t looking!

Short Selling — How it works: You borrow a stock that you do not own and sell the shares you borrowed at the stock’s current price. If its price drops, you buy those same number of shares back at the lower price, thus making a profit and return them back to the lender. If the price of the stock goes up, you’re shit out of luck, and have to buy it back at the higher price, or you can wait for its price to come back down to where you break even or profit.

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Short selling is extremely risky. This is a very quick way to lose all of your money. To learn more about short selling, click here.

The next two features described below are useful for when you cannot readily view your portfolio’s performance throughout a certain period of time. These features are going to be very useful for those who don’t have the time to stare at a screen throughout the day, week, or month.

However, utilize the below features carefully and thoughtfully to avoid losing money on a mistake. For those of you who are going to be holding stocks for the long term, the Stop Loss feature will likely be the only useful feature. Limit Orders are going to be more ideal for those who are heavily short term focused (more risk).

Limit Orders — How it works:

Say you wish to purchase a stock at a specific price point. You place a buy limit order. This order will execute when the price of the stock you wish to purchase is at the specific price point (up to 4 digits in cents, e.g. $5.2341) you wish to purchase it at. A buy limit order is created on the trading page when buying the shares of a stock. (example shown above)

If you wish to sell a stock at a specific price point, you place a sell limit order. The order will execute when the price of the stock is at the specific price point you wish to sell it at. A sell limit order is placed through the portfolio holdings page.

Limit orders will only execute if the price ever changes to the desired buy or sell price (or exceeds them). Be careful when placing limit orders on volatile stocks (stocks that fluctuate in price often or all the time)

Buy and sell limit orders can also be placed on stocks that are being shorted.

To learn more about limit orders, click here.

Stop Loss — How it works:

Say you wish to sell a stock that you have held for a long while and you anticipate its price dropping, you create a stop loss order through the portfolio holdings page. In the event a stock’s price drops, this allows you to cut yourself loose before its price drops even further and stop your losses. This kind of stop loss can also be utilized to lock in a profit — if you are making a profit from holding a stock, you can lock in that profit in the event the stock’s price drops dramatically. Be careful on how you use a stop loss order on volatile stocks.

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If you wish to sell a stock you are short selling to reduce any losses from an unexpected increase in its price, you can place a stop loss order.

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Even though utilizing the features above will be quite useful, the least riskiest and safest way to make a profit will be to buy low and sell high (or hold the stock if it stays high) with a long term outlook.

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Invest in companies you are familiar with or are comfortable investing in. Keep up to date on companies you invest in, as news and announcements, whether good or bad, can affect the stock price.

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Disclaimer: This game is not a 100% realistic simulation of the stock market (but quite close in terms of investing in stocks). If and when you invest in the actual stock market, be prepared to learn more. Certain aspects or actions performed in the game may even be unrealistic or highly unlikely to be a possibility in actual trading without the player even realizing it.

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