Hello everyone!

I have a questions regarding what type of strategies to use and what stocks to choose. 

First, I would like to know wether to be: cautious, middle of the road, or agressive in the the type of strategy I choose or in between them?   I know that is more of a personal thing to ask myself but I would like some of your input.  

      Regarding the above question, my personal feelings, if I were investing for real, are: I like to have a good mix of stocks, bonds, and other investments. Some which are conservative, some middle of the road, and some agressive when it comes to making a profit. Same with the stocks I like. I like a broad spectrum of stocks, I feel it is better/safer to have a wide variety of types of industries, this way if one or 2 have a slow down, then the others could possibly pick up the slack.

Second, Generally how many # of stocks should I get for each company?    Of course that depends on the price per share.

Third, Should I choose a majority of stocks that give dividends over stocks that do not?  or  Have a more variety of them both?   What are your feelings on this?

Finally, Should I look into options or wait until I am more familiar with the terminology and how they work?

 Also, where are good places to go to look up information and do research to find stocks to buy?

Thank you!

My question to you: Why are you here? If you're here for practice, then invest like you would in real life. If you're here for fun, treat it as fun. If you're here to win the prizes, then be completely aggressive. You won't win without being aggressive.

Have a good time and see what works. This is a game.

First ,this is a game ,second you can have multiple accounts here in WSS. so trying different strategies is no problem.---------------I use one account to mirror my real$ accounts, not in the same quantities i can here. so here in WSS jump in,if the strategy you try turns to be a stinker reset that portfolio. i think i mentioned before ,its a game here.Now in Real$ thats different.--------------------theres almost as many strategies as there are players here.what do you want to do.best of all have fun.

Investopedia,Wall Street Survivor,Yahoo Finance,Seeking Alpha,Tickerspy,Minyanville,The Street.com,Bloomberg,Option Monster,Motley Fool,MSN Money,and Stockerblog.com.

Andy Pah:

Investopedia,Wall Street Survivor,Yahoo Finance,Seeking Alpha,Tickerspy,Minyanville,The Street.com,Bloomberg,Option Monster,Motley Fool,MSN Money,and Stockerblog.com.

 I would also recommend getting a finance book from a college/community college book store... It'll should explain things quite well.

As mentioned, this is a game.  It is a great place to practice and see if what you propose to do in real life is likely to work for you.  Of course it isn't always 100% accurate.  Even a few seconds can make a difference to actual results.  But overall, the results should be close enough to let you know what works for you.

 What stock to buy?  First, check out companies you believe in...  It makes it so much easier if you already know something about it.  Then you can broaden out and find other companies that behave in the manner you like.

 You are so right... price ultimately determines the # of shares you buy.  In this game, you can invest no more than 20% of your portfolio value in one stock.  Choosing stocks that give dividends is one way to stretch out your money...

 Whatever you do, remember, it's your fantasy.  Do as you will, and GOOD LUCK!

 

 This is a game. You have fake money. Be aggressive. Its not like your losing real money. :) What I do is look on websites that will tell you what stocks are on the rise, and BUY EM. Haha. Have fun!

 This is a game. You have fake money. Be aggressive. Its not like your losing real money. :) What I do is look on websites that will tell you what stocks are on the rise, and BUY EM. Haha. Have fun!

I try all the strategies i want to try in real life but don't have the money to. :)

Worst comes to worst, just reset your porfolio for another 100k

Worst comes to worst, just reset your porfolio for another 100k

Thank you for the advice! Sorry I did not respond earlier, Some things came up and had to attend to them. Dad got sick and had to go to the hospital in an ambulance. He is feeling better. Before he went in the hospital, I had a sinus infection and then mom had a cold. If it isn't one thing, it is another!

 

What you will find is your personality should dictate they way you invest.  Some people can take the stress that comes with aggressive high risk trades others can't and will lose even when they are right in picking a stock. All stocks go up and down it is where in the process of that going up or down that you can get in and make a profit. if you cant take the stress of seeing a profit and then seeing it disapear before you can make a bigger profit then stay conservative.