Show HN: Stockfuse – Virtual Stock Trading with Real Cash Prizes

stockfuse.com

11 points·mccormacksean··4 comments

The problem with these stock trading games is that people can create multiple accounts and use each one for a different all-in strategy. At the end of the competition there will be a few accounts with astronomical gains, that didn't use any real trading strategy to get there.

Thanks for your feedback. We're very mindful of system gaming and proactively work to prevent it. Although it's impossible to identify these activities perfectly, we do remove users that are competing unfairly. In reality, once a user is qualified to receive payments, it's fairly easy for us to ensure unique identities.

Our game design itself also prevents a lot of issues commonly seen on other trading game platforms. For example, you can't buy 1000% of a $2mn market cap company; we aggressively force close positions that breach margin requirements; etc. These are usually the culprits behind "astronomical" and unrealistic gains.

We pride ourselves on our performance measurements. This is why many financial institutions and universities have chosen to work with us.

Platform seems promising, but it lacks a proper user manual, or at least a tutorial on the basics

Sorry about the delayed response, @echo272 .

Thus far, we've been working with hedge funds/ banks/ schools and have provided specific tutorials to them for their specific contests. But you're absolutely right, and we're working on a site-wide walkthrough for first-time users.

Also, thanks for signing up! If you have any other feedback, I'm always checking sean@stockfuse.com or info@stockfuse.com

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