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Classic Game Review: Speculator
“At 6:49 a.m. CST, the Hong Kong Gold report is that gold is weaker against the US dollar.” You quickly call your broker and place an order for “short” gold (that is, sell gold that you do not have at the moment). Assuming you can buy it at a low price before you have to “deliver”). In SPECULATOR you get the opportunity to interpret news reports and estimate their impact on market conditions. Unlike many simulations that reflect weekly or monthly price changes, SPECULATOR actually puts you in the pit. It simulates “real time” trading with a 1 minute scale of play time equal to 6 minutes of “real time”. The graphics even allow you the privilege of watching your broker answer the phone and see the broker moving to the appropriate post to execute your order on the floor of the exchange.
The realism used in this simulation is remarkable. One is available for purchase at current market prices; Buy below market price using MIT. (Market if touched – becomes an active market order when a certain price is reached) Order; Sold at MIT pre-arranged. Order; Sell at a given price OB (or better – will sell at a given price or higher); Short sale; Use distribution orders (simultaneous sale and purchase of related contracts related to each other); Using GTC (good until cancellation – orders remain with the specialist on the floor of the exchange until a certain price or necessity is reached) OCO (one cancellation, the other – the payment mechanism that if part One of the orders is completed, the other part is canceled) orders; And have the flexibility to execute orders at the beginning of the trading session (On Open) or at the end of the session (On Close).
The effect of all these options (although it is not immediately available for the first level player or “novice” and must be awarded as a bonus for performance when the player upgrades to “payer” and “Floor Trader”) is to give players a closer understanding of the mechanisms of the futures market. It also seems to allow the player to feel more “in charge” of the situation as he can relate to specific conditions for investing.
It is also a multiplayer simulation and some “realistic” simulations based on actual market conditions to allow. TYCOON reflects the actual market situation and the level of great realism, but only one investor can compete in the same market environment. In SPECULATOR, up to 6 players can compete at the same time. However, this feature also presents a problem. It is very difficult for more than 1 player to use the keyboard at the same time. When the market is about to open, it only takes 1 minute to enter an “On Open” order, whether it is 1 or 6 players. Moreover, since the market continues to change, even if one player is in operation mode, it has its source. Benefits of entering pre-orders. The “real-time” scale is a key element for the feeling of being there in the simulation, but there needs to be another way of providing input from the player rather than from the keyboard, or it should have features that Allow “real time” freezing “until all players can enter their order.
Another important factor is the data disk. Because volatility and price volatility events are geared towards the actual 45-day pattern of market conditions on three different exchanges (Chicago Board of Trade, Chicago Mercantile Exchange and New York Commodity Exchange), there is a significant relationship between what That Orange May is the first time you play the game and what Orange May does every time you play the game. To avoid the tendency to the same.
The program plans to market many different data discs to reflect different market histories. These will be a welcome addition to the game as it will keep the game new and playable. Despite the fact that SPECULATOR allows investors to play closer to the market than its closest competitor, TYCOON.
It’s harder to become a local creator in SPECULATOR, however, since one has only a 30-day history chart to run from where TYCOON provides the annual history of each item in graph form. It’s easier to become a technician in SPECULATOR; However, since one can place a buy-sell order immediately after the information that will affect the local supply and demand for the goods has reached the check mark. For example, you read that meteorologists predict a severe winter on the East Coast (not an actual event). This suggests there may be a freeze in Florida that will reduce the supply of orange juice. Reduced supply means increased demand, which means higher future prices. Therefore, you want to buy orange juice in the future before anyone can. In TYCOON there is a definite advantage in tracking information, but price fluctuations have already begun when players read about it. In SPECULATOR, the player must move quickly before he loses the benefits that the information gives him.
SPECULATOR is the first investment app I have seen that makes a great line of Blue Chip Software investment simulation in the cost of tutorials. Two booklets with software (game manuals explaining everything from starting the program to how to place an order and marketing guidebook) – explaining everything from contract size to factors Influence price). Understand and create valuable resources for financial pages and / or publications distributed by brokers. Between these two booklets, almost every comprehensible sequence is determined from the point of view of actual trading and gaming.
SPECULATOR compares favorably with other investment simulations on the market to date. It has a competitive price for the basic game and should be a particularly worthwhile investment with the addition of new data disks. I look forward to the planned release of the upcoming stock market simulation.
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