The third Brainfinity problem that we all have been waiting for has arrived, and it's the virtual stock market!
Dear Brainfinity teams, the problem you have been waiting for so long is finally in front of you.
The third Brainfinity problem is a very unique and interesting task. You will have the opportunity to try your hand at one of the more interesting jobs in trading on the stock market!
You will be allocated a certain amount of money, and your task is to invest that money wisely in order to make a profit. It is important to know that all the money in this problem is imaginary, therefore you can enjoy trading on the stock market without thinking about the potential money loss.
You have been entrusted with $20,000. How will you use that money wisely?
You have a new task ahead of you. We give you a certain amount of money and invite you to invest that money smartly and rationally in the stock market during the whole challenge which lasts 20 days. The value of the stocks goes up and down each minute, so the situation is always uncertain.
Should you buy shares at that moment or wait a little longer? These are just some of the questions you will encounter.
Your results will depend solely on how you analyze the stock market and your investments.
How does the stock market work?
Stock markets are large organized financial markets. They represent a market where money and securities are traded according to already-established rules.
What’s important when it comes to the stock market is to constantly follow current global events, because the shares that are traded on the stock market change literally every minute.
Although trading stocks on the stock market is simple, it takes time to perfect that skill and come up with a good strategy. You should always be well-informed and think about how you will invest money to make your portfolio the best it can be.
What is your task in this problem?
To be able to trade stocks on the stock market, you need to log in to the MarketWatch website, create an account with your team email address here by November 24 and then enter the game here. Please note that you must access the game at this link before November 24.
You will not be able to access the game after November 24, because, from November 24, the stock market will be open for stock trading, every day from 3.30 to 10 p.m. Observe the companies you can invest in, follow the current global trends, find out if the companies you invest in are facing any crisis or achieving great success. These are some of the suggestions for successful business on the stock market. We advise you not to invest in companies in which everyone invests. Let everyone think for themselves, and then make a decision together.
REMINDER: In order to participate in solving this problem, it is necessary to log in by November 24, because after that you will not be able to access the game and you will lose the chance to participate in solving this problem.
You can compete until December 14. After that, we will make a ranking list with the teams that earned the most. All teams that make more than 1% profit will go to the next stage of the Brainfinity competition.
We remind you once again that money is not real but imaginary. Enjoy this challenge!