As a prior Finance club member, I remember playing stock picking games as a useful tool for becoming accustomed to trading stocks. Thanks to Ryan Price, you can now play against your friends and other Facebook members. While there are a few quirks in the system, this seems to be a step in the right direction. If the profile view gets smoothed out, I am willing to bet that this becomes a pretty popular application, especially among finance enthusiasts. If you are into finance or just trading stocks in general, go check out the Stock Pick Competition application.
As a side note, I am noticing a common occurrence on Facebook recently. Not necessarily with the stock pick competition application but in general. Developers have begun adding non-functional applications. I can sympathize given that after launching my own social networking site, I was receiving non-stop complaints from users that were finding bugs. While it is difficult to catch all bugs while developing an applications, all developers should both externally and internally test and iron out as many bugs as possible prior to launching.
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[...] over your own mock hedge fund. This is the most robust trading application that I have seen yet. I previously reviewed a stock picker application that is well made but not as robust since it was created by a single developer. It appears as [...]
Pingback by Manage a Hedge Fund on Facebook - The Unofficial Facebook Blog — June 26, 2007 @ 11:15 am
[...] the same odds of getting your guess right: fifty percent. While FutureGames is less social than other stock games out there, you can still earn cash by playing. If you have a streak of 2 or more [...]
Pingback by Get Paid to Guess the Future of A Stock Without Using Your Own Money — December 3, 2008 @ 3:14 pm