Creating a League on WallStreetSurvivor is simple and we will show you how right now!
Login Or Register On WSS For Free!
Create Your Custom League:
Once logged in, hover the “Stock Game” tab and click on “Create A Custom League“. To make your life easier, you can also click here to access that page.
You will land on a “Setup Your League” page, where you will have to add a couple of information about your league:
League Name: This is going to be the name of your League.
Your League is Public or Private: When you set your league as public, it means that other WSS uses can join your league. Should you wish to keep it closed, you can make the league private and add a password to it.
League Description: You can add a short description of your league. This is useful for other users so they will know what your league is about and can be used to ensure that they are in the right league.
League URL: Once a league is created, you can easily have other users join your league using that URL. Generally league URLs looks like this: www.wallstreetsurvivor.com/league/YourLeagueNameHere
Start Date: This is going to be the date trading will be open to everyone.
End Date: This is the date for which trading will be closed for everyone.
Upload a Logo for the League: You can a logo to your League using this feature. If not, it will be the beautiful default WSS logo!
Prizes: You can add prizes to your league. There is place for 3 prizes for which your traders will work hard for!
Initial Cash: This is the initial cash balance per user in your league.
Allow Option Trading: If you wish, you can allow option trading in your class. If this is deactivated, the league will be allowed to trade Equities/ETFs only.
Allow Short Selling: You can allow short selling in your league. In short, this means that users can sell an asset without owning it. For more information on short selling, click here!
Allow Trading on Margin: You can allow trading on margin in your League. Basically users will have the opportunity to borrow to trade if they have deployed all of their cash. For more information on trading on margin, click here!
You can also edit more advanced options such as:
Position Limit on security: The maximum amount of cash that is allowed to trade on one position. The position limit is a percentage of the initial cash balance.
Minimum Stock Price for Shorting: This setting means that traders within your contest cannot short a stock lower than the minimum allowed stock price.
Allow day trading: Day trading means that you can buy and sell (or short and cover) in the same day. If you want students to not place a round trip transaction on the same day, you can unable this feature.
Minimum stock price for buying: This setting means that traders within your contest cannot buy a stock lower than the minimum allowed stock price.
Maximum number of trades per user: Users will not be able to place more trades than this value. Placing a restriction on the number of trades will allow users to trade wisely, knowing that the number of trades is a scarce resource.
Allow Portfolio Reset: If you do not mind that users can manually erase their trades and start fresh, then click yes.
Once you are all set with your settings. Click on “Create Your League“.
Congratulations! You are now a League Creator on WSS!
Get Your Traders Into Your League
Your users can create a WSS account and then use your league URL to enter your league immediately. Recall that your league URL should look something like this: www.wallstreetsurvivor.com/league/YourLeagueNameHere
We are here to learn, but also to enjoy trading! If you have any questions or feedback, please do not hesitate to contact us at firstname.lastname@example.org.
BEST STOCK NEWSLETTER OF 2020 (December 6, 2020 UPDATE)
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