IVC Mortgage Stocks app for iPhone and iPad
Developer: International Video Corp
First release : 02 Dec 2016
App size: 9.01 Mb
IVC MORTGAGE STOCKS
TIME LAPSED TRADING!
Want to Learn how to trade stocks?
Play in FAST Motion! How? You control time!
This app works on both the iPhone and the iPad (in 2X mode).
The stock prices are all in the app once you get it from the store. None of that slow "internet fetch" or "papertrading" stuff.
Our start time/stop time button lets YOU control how fast the dates and stock prices move.
You can spend only a few minutes of real time, experience three months to three years of virtual time, and maybe make MILLIONS of dollars. Too bad it is only play money!
IVC Mortgage traces the path to and journey through the Financial Crisis of 2008, when the domestic housing bubble burst and brought the international financial markets to its knees. The four instruments available to trade are BAC, FNMA, GS, and XLF. Countrywide Financial, Bear Stearns, and Lehman Brothers would have been interesting additions to the game, but they did not survive the meltdown. The story of the stocks and the story of the times is a cautionary tale.
The game begins in 1999 just before the Dot Com boom. The prime interest rate is 8%. According to census.gov, the average cost of a house in the United States in 1999 is $153,100. The Nasdaq is trading at $2,500 in January 1999, peaks later in the year at $3,940, and ultimately falls to a low of $1,320 by 2002. In a bid to jumpstart a crippled economy, the Fed lowers the prime interest rate to 4%+ at the end of 2001, setting the stage for the Mortgage Bubble and the Financial Crisis of 2008.
You can play the game an unlimited number of times with the same prices and time periods to perfect your trading technique.
IVC Mortgage Stocks teaches the player techniques for buying, selling and shorting stocks, anticipating splits and dividends, and managing positions, limit orders, stop losses and portfolios. The experienced player will come to find there are distinct patterns, which once recognized can be exploited.
"The trend is your friend" is the lesson.
Stop time at your whim, think as long as you wish about your investments and choices. Watch yourself progress from the green beginner level to bronze, silver and finally gold.
Enjoy!