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What is a penny stock simulator? A penny stock simulator allows you to play penny stocks without risking your hard earned real money. Back to top |
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What is the order queue for? Will you show me? The order queue shows you the trades you've requested that will be processed after 20 minutes.
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What are $ for? $ are the currency and lifeblood of PennySim. They are the fake money you are trading on the simulator.
You make extra e$ by making posts, completing e$ incentives or other users sneek-peeking your portfolio.
Earn e$ and maximize your portfolio! Back to top |
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Why is the simulator on a delay? The only problem with making trades happen immediatly is that people that get real-time quotes could "See into the future" and take advantage of fluctuations.
Check this out as a timeline.
Key: x trade requested X Trade executed. ===== is time
A Stock trade in realtime:
========xX======
Put order in on PennySim Without a delay:
===xX===========
PennySim order Delayed 20 minutes:
===x=====X======
With this method your trade should execute very close to what it is in real time.
This isn't a perfect system, but you should be able to get your stock very close to the actual price it's really trading at. Back to top |
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I still don't understand the delay. It will trade at the "real time" quote in about 20 minutes.
The quotes from yahoo (the free service this board uses) are delayed. If you want to know what your "sell" will be, go to a real-time quote site and get a real-time quote as you enter your order. In 20 minutes, when Yahoo's quotes catch up to the real-time and your order goes through that's what your order will trade at. Why?
Take an extreme example. The stock is dropping $1 per minute. So right now it's at $50 per yahoo, but per real-time quotes it's at $30. So right now in the real world the stock would sell at $30 if you put in a market order.
But PennySim is 20 minutes behind "right now". So your order goes in, and the quote - to the best of our knowledge at that time is that the stock is selling for $50. But that's not correct, so the order goes into a queue. 20 minutes later the "now" quote from Yahoo is $30, and your order sells. All the 20 minute delay is doing is allowing the delayed-quotes from Yahoo to catch up to reality.
If this were not done, your order would fill at $50, meaning you traded 20 minutes in the past. To try to summarize: look at real-time quotes. The price you see "now" is the price your order will be executed at in 20 minutes when Yahoo's quotes catch up to "now". That's all there is to it. The 20 minute delay is not penalizing anyone, it's only to prevent trading into the future.
If something is going up $1 per minute, you would love to buy "now" per Yahoo because 20 minutes later you have a guaranteed $20 profit. To prevent that, your buy order goes through after Yahoo's quotes have caught up. The same thing from the earlier example... if something is dropping, and you know that "now", then the trading system has to wait to fill your order otherwise you won't get the true "real-time" price for right now, you'll get the price from 20 minutes ago, and you'll get unrealistic profits because you're trading on the difference between real-time quotes and delayed quotes.
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I can't access my portfolio, what should I do? If you cannot enter your portfolio please private message the Admin or post in the forum. Usually if a stock is delisted or changes symbols it needs to be updated manually. Back to top |
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How does the percentage in the competition work exactly? The portfolio percentage is based on all the money you put in the market + buying commissions / all the money you've made from sold stocks - selling commission + all stocks value currently held.
If you've banked some earnings from a stock it'll still show towards your portfolio %.
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Same stock, different price, will I have two separate lines in my portfolio at two different purchasing prices? It will put them on different lines so keep that in mind when you go to sell them that you'll have to pay the commission on each. At this point it was too much of a programming hurtle to bunch them together and still track your portfolio % very easily.
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Do I recieve the shares from splits? You will receive credit, please contact the admin and the change will be made in the database and your portfolio will reflect the split. Back to top |
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Can the portfolio percentage change after the market is closed? It's all based on what Yahoo give as the current stock price. If you have a stock on a different market or they make some kind of change It'll change your portfolio.
We have changed the portfolio to check and update the prices once per hour 24 hours a day. Instead of just while the markets are open. Trades are still only put through while the markets are open though.
There is a 20 minute delay (like public quotes, not real time). So if you check it right after markets actually close, and again an hour later, it could differ.
Perhaps there is a flurry of activity at the close, it takes the markets a little time to figure the official close.
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Is it possible to look at someone elses' portfolio? YES!
You can view someone elses portfolio by donating e$ to them.
If you donate:
1000 e$ or more to them you can view their current holdings.
2500 e$ or more and you'll see their holdings plus any trades they have made in the past 30 days.
Currently the easiest way is to click Trading Rankings at the top of the page. The username links there are clickable and then you can click the donate link.
Otherwise it's real easy in the forum. Just click donate link by their posts. Of course the leaders have to be posting if they want to be highly visable and get people to peek their holdings!
If you donate:
1000 e$ or more to them you can view their current holdings.
2500 e$ or more and you'll see their holdings plus any trades they have made in the past 30 days. Back to top |
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How do I donate e$? Look for the [Donate] text link next to the users post or in their profile. On the next screen enter the amount and send it on over. Back to top |
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How do I become an "Active" member and show up in the rankings? Once you have 10 posts for the month you show up and qualify for that months prizes!
This is so those that buy a stock and never come back cannot win the cash. To win the cash you have to be active! Back to top |
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For the items that receive interest in the virtual store, is the interest added on the 1st of each month, or one month from the time that you bought the item? The items increase in value every day. Once you purchase an item you'll start making e$ on it. Back to top |
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When purchasing e$, approximately how fast is the money added to your account? The e$ will be sent to your account as soon as the administrator is notified that you've paid. Usually within 20 minutes. Back to top |
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What are the requirements to be eligble for the monthly competition? You must make at least 10 posts in the current month to be active for the competition. Then the following month you must post the 10 again. You don't have to post, but this allows those who are actively participating to be eligible for prizes and if someone forgets all about their account here and has the best portfolio...they should have checked back! Back to top |
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Do all posts in the forum count toward the 10 post minimum requirement, or are posts in certain sections only valid? All posts in any sections of the forum count towards your 10 posts. Back to top |
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How do I post a topic in a forum? Easy -- click the relevant button on either the forum or topic screens. You may need to register before you can post a message. The facilities available to you are listed at the bottom of the forum and topic screens (the You can post new topics, You can vote in polls, etc. list) Back to top |
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How do I edit or delete a post? Unless you are the board admin or forum moderator you can only edit or delete your own posts. You can edit a post (sometimes for only a limited time after it was made) by clicking the edit button for the relevant post. If someone has already replied to the post, you will find a small piece of text output below the post when you return to the topic that lists the number of times you edited it. This will only appear if no one has replied; it also will not appear if moderators or administrators edit the post (they should leave a message saying what they altered and why). Please note that normal users cannot delete a post once someone has replied. Back to top |
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How do I add a signature to my post? To add a signature to a post you must first create one; this is done via your profile. Once created you can check the Add Signature box on the posting form to add your signature. You can also add a signature by default to all your posts by checking the appropriate radio box in your profile. You can still prevent a signature being added to individual posts by un-checking the add signature box on the posting form. Back to top |
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How do I create a poll? Creating a poll is easy -- when you post a new topic (or edit the first post of a topic, if you have permission) you should see a Add Poll form below the main posting box. If you cannot see this then you probably do not have rights to create polls. You should enter a title for the poll and then at least two options -- to set an option type in the poll question and click the Add option button. You can also set a time limit for the poll, 0 being an infinite amount. There will be a limit to the number of options you can list, which is set by the board administrator Back to top |
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How do I edit or delete a poll? As with posts, polls can only be edited by the original poster, a moderator, or board administrator. To edit a poll, click the first post in the topic, which always has the poll associated with it. If no one has cast a vote then users can delete the poll or edit any poll option. However, if people have already placed votes only moderators or administrators can edit or delete it; this is to prevent people rigging polls by changing options mid-way through a poll Back to top |
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Why can't I access a forum? Some forums may be limited to certain users or groups. To view, read, post, etc. you may need special authorization which only the forum moderator and board administrator can grant, so you should contact them. Back to top |
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Why can't I vote in polls? Only registered users can vote in polls so as to prevent spoofing of results. If you have registered and still cannot vote then you probably do not have appropriate access rights. Back to top |
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Why can't I log in? Have you registered? Seriously, you must register in order to log in. Have you been banned from the board? (A message will be displayed if you have.) If so, you should contact the webmaster or board administrator to find out why. If you have registered and are not banned and you still cannot log in then check and double-check your username and password. Usually this is the problem; if not, contact the board administrator -- they may have incorrect configuration settings for the board. Back to top |
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Why do I need to register at all? You may not have to -- it is up to the administrator of the board as to whether you need to register in order to post messages. However, registration will give you access to additional features not available to guest users such as definable avatar images, private messaging, emailing to fellow users, usergroup subscription, etc. It only takes a few minutes to register so it is recommended you do so. Back to top |
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Why do I get logged off automatically? If you do not check the Log me in automatically box when you log in, the board will only keep you logged in for a preset time. This prevents misuse of your account by anyone else. To stay logged in, check the box during login. This is not recommended if you access the board from a shared computer, e.g. library, internet cafe, university cluster, etc. Back to top |
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How do I prevent my username from appearing in the online user listings? In your profile you will find an option Hide your online status; if you switch this on you'll only appear to board administrators or to yourself. You will be counted as a hidden user. Back to top |
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I've lost my password! Don't panic! While your password cannot be retrieved it can be reset. To do this go to the login page and click I've forgotten my password. Follow the instructions and you should be back online in no time. Back to top |
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I registered but cannot log in! First check that you are entering the correct username and password. If they are okay then one of two things may have happened: if COPPA support is enabled and you clicked the I am under 13 years old link while registering then you will have to follow the instructions you received. If this is not the case then maybe your account need activating. Some boards will require all new registrations be activated, either by yourself or by the administrator before you can log on. When you registered it would have told you whether activation was required. If you were sent an email then follow the instructions; if you did not receive the email then check that your email address is valid. One reason activation is used is to reduce the possibility of rogue users abusing the board anonymously. If you are sure the email address you used is valid then try contacting the board administrator. Back to top |
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I registered in the past but cannot log in anymore! The most likely reasons for this are: you entered an incorrect username or password (check the email you were sent when you first registered) or the administrator has deleted your account for some reason. If it is the latter case then perhaps you did not post anything? It is usual for boards to periodically remove users who have not posted anything so as to reduce the size of the database. Try registering again and get involved in discussions. Back to top |
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How do I change my settings? All your settings (if you are registered) are stored in the database. To alter them click the Profile link (generally shown at the top of pages but this may not be the case). This will allow you to change all your settings. Back to top |
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The times are not correct! The times are almost certainly correct; however, what you may be seeing are times displayed in a timezone different from the one you are in. If this is the case, you should change your profile setting for the timezone to match your particular area, e.g. London, Paris, New York, Sydney, etc. Please note that changing the timezone, like most settings, can only be done by registered users. So if you are not registered, this is a good time to do so, if you pardon the pun! Back to top |
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I changed the timezone and the time is still wrong! If you are sure you have set the timezone correctly and the time is still different, the most likely answer is daylight savings time (or summer time as it is known in the UK and other places). The board is not designed to handle the changeovers between standard and daylight time so during summer months the time may be an hour different from the real local time. Back to top |
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My language is not in the list! The most likely reasons for this are either the administrator did not install your language or someone has not translated this board into your language. Try asking the board administrator if they can install the language pack you need or if it does not exist, please feel free to create a new translation. More information can be found at the phpBB Group website (see link at bottom of pages) Back to top |
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How do I show an image below my username? There may be two images below a username when viewing posts. The first is an image associated with your rank; generally these take the form of stars or blocks indicating how many posts you have made or your status on the forums. Below this may be a larger image known as an avatar; this is generally unique or personal to each user. It is up to the board administrator to enable avatars and they have a choice over the way in which avatars can be made available. If you are unable to use avatars then this is the decision of the board admin and you should ask them their reasons (we're sure they'll be good!) Back to top |
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How do I change my rank? In general you cannot directly change the wording of any rank (ranks appear below your username in topics and on your profile depending on the style used). Most boards use ranks to indicate the number of posts you have made and to identify certain users. For example, moderators and administrators may have a special rank. Please do not abuse the board by posting unnecessarily just to increase your rank -- you will probably find the moderator or administrator will simply lower your post count. Back to top |
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When I click the email link for a user it asks me to log in. Sorry, but only registered users can send email to people via the built-in email form (if the admin has enabled this feature). This is to prevent malicious use of the email system by anonymous users. Back to top |
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What is BBCode? BBCode is a special implementation of HTML. Whether you can use BBCode is determined by the administrator. You can also disable it on a per post basis from the posting form. BBCode itself is similar in style to HTML: tags are enclosed in square braces [ and ] rather than < and > and it offers greater control over what and how something is displayed. For more information on BBCode see the guide which can be accessed from the posting page. Back to top |
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Can I use HTML? That depends on whether the administrator allows you to; they have complete control over it. If you are allowed to use it, you will probably find only certain tags work. This is a safety feature to prevent people from abusing the board by using tags which may destroy the layout or cause other problems. If HTML is enabled you can disable it on a per post basis from the posting form. Back to top |
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What are Smileys? Smileys, or Emoticons, are small graphical images which can be used to express some feeling using a short code, e.g. :) means happy, :( means sad. The full list of emoticons can be seen via the posting form. Try not to overuse smileys, though, as they can quickly render a post unreadable and a moderator may decide to edit them out or remove the post altogether. Back to top |
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Can I post Images? Images can indeed be shown in your posts. However, there is no facility at present for uploading images directly to this board. Therefore you must link to an image stored on a publicly accessible web server, e.g. http://www.some-unknown-place.net/my-picture.gif. You cannot link to pictures stored on your own PC (unless it is a publicly accessible server) nor to images stored behind authentication mechanisms such as Hotmail or Yahoo mailboxes, password-protected sites, etc. To display the image use either the BBCode [img] tag or appropriate HTML (if allowed). Back to top |
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What are Announcements? Announcements often contain important information and you should read them as soon as possible. Announcements appear at the top of every page in the forum to which they are posted. Whether or not you can post an announcement depends on the permissions required, which are set by the administrator. Back to top |
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What are Sticky topics? Sticky topics appear below any announcements in viewforum and only on the first page. They are often quite important so you should read them where possible. As with announcements the board administrator determines what permissions are required to post sticky topics in each forum. Back to top |
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What are Locked topics? Locked topics are set this way by either the forum moderator or board administrator. You cannot reply to locked topics and any poll contained inside is automatically ended. Topics may be locked for many reasons. Back to top |
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I cannot send private messages! There are three reasons for this; you are not registered and/or not logged on, the board administrator has disabled private messaging for the entire board, or the board administrator has prevented you individually from sending messages. If it is the latter case you should try asking the administrator why. Back to top |
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I keep getting unwanted private messages! In the future we will be adding an ignore list to the private messaging system. For now, though, if you keep receiving unwanted private messages from someone, inform the board administrator -- they have the power to prevent a user from sending private messages at all. Back to top |
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I have received a spamming or abusive email from someone on this board! We are sorry to hear that. The email form feature of this board includes safeguards to try to track users who send such posts. You should email the board administrator with a full copy of the email you received and it is very important this include the headers (these list details of the user that sent the email). They can then take action. Back to top |
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