I find the experiment pretty interesting, how many people will try to make him go to zero? How many will want to make the value higher? If you were leveraging a pump and dump house how does that work? And home much can you trade at once? (all would seem to be a silly amount, but it has to be enough to make reasonable trades)
And how do you know it is actually real money? We used to do office stock pools where folks would start the month with "$100,000" and got two trades a day, one at noon and one when the market closed (easy to do on the west coast) at the end of the month the one with the most "money" would "win". It was fun and taught me a lot about market volatility (and that I would suck as a day trader :-)) but there was no actual requirement for money to actually trade hands. And even at $50,000 you're not buying or selling enough to move most stocks.
I've come across multiple papers investigating stock trading strategies, where they mentioned little or no effect for the actual strategy, but a significant positive effect for the opposite strategy.
I find the experiment pretty interesting, how many people will try to make him go to zero? How many will want to make the value higher? If you were leveraging a pump and dump house how does that work? And home much can you trade at once? (all would seem to be a silly amount, but it has to be enough to make reasonable trades)
And how do you know it is actually real money? We used to do office stock pools where folks would start the month with "$100,000" and got two trades a day, one at noon and one when the market closed (easy to do on the west coast) at the end of the month the one with the most "money" would "win". It was fun and taught me a lot about market volatility (and that I would suck as a day trader :-)) but there was no actual requirement for money to actually trade hands. And even at $50,000 you're not buying or selling enough to move most stocks.