Invstr Basics: How to play the Investment Game
The Investment Game
The Investment Game lets you learn how to manage a virtual portfolio of all of your favourite stocks.
The game uses real, live market data from markets around the globe, but the money at stake is only virtual, therefore it gives you a real trading experience, but without the risk.
This is a perfect way for beginners to the stock market to experiment with investing, before they feel confident enough to open a real Invstr Portfolio using their own money.
What is the objective of the game?
To try and make as much profit as possible off your investments.
How do I do that?
If you believe the price of an instrument will increase in value, you buy it. If you think the value will decrease, you sell it.
From the moment you take a position on an instrument (meaning you either buy it or sell it), you will be able to see how your investment is performing as its price moves. When your choice is going in the right direction, you will start making a profit on your trade. If it goes the wrong direction, you will start incurring a loss.
When you’ve made your trade it’s up to you when to close out your position (meaning you exit the trade). Once you do that, you will either realize your profit on your investment, or you will make a loss. A profit will add more to your supply of virtual capital, while a loss will decrease it.
Which stock should I trade first?
It’s entirely up to you. To make a stock available for trading, you have to first add it to your Watchlist. Your Watchlist is where you can view all of the instruments you choose to follow, and can see their prices move in real time.
To start adding instruments like stocks, cryptos or currency pairs, open the Watchlist tab, which looks like a pair of glasses in the bottom row of the app screen as shown below.
Then tap the + in the top right corner to add instruments.
You can either search for an instrument by its name, by its hashtag (for example Facebook within Invstr goes under #fb) or by picking from a list as seen above.
Once the instrument is added, you’ll see its name, its hashtag, its value and its most recent change in value expressed in percentage terms in your Watchlist, as shown below.
Now that you are ready to trade, either hit the games tab at the bottom of the display (bottom-centre) or simply swipe left on the instrument with your finger.
This will take you to the investment game view as shown below.
Here you decide whether to buy or sell the instrument and how much you’d like to invest.
You can pick whether you would like to invest $50,000, $100,000 or $200,000 for each trade, allowing you to spread your risk and allocate more capital to certain investments over others. You do this by swiping up or down on the panel in between the sell and buy buttons.
You can monitor how your positions in the market are doing by checking the games screen or active games screen.
Here you can see how you are faring in both of the games and the amount of profit or loss you can expect to see on your various investments. You can also view how your investments are allocated in the Capital & Risk screen, which displays your total available capital, the amount you have invested and your chosen asset allocation.
By performing well in the Investment Game and battling your way to the top of the leaderboard, Invstr users can claim weekly cash vouchers to kick-start or grow their investment portfolios!
Read more about that here
Want to learn more about the markets and how to become a better investor?
Download the Invstr App now.