YouN00b Stock Market

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Saturday, April 25th, 2009 at 5:23:12 PM #18096

Toasty

SysOp

Level 40
Posts: 7,388
Submissions: 227

Recently, somebody submitted the idea of having a YN stock market to invest points in, etc. Personally, I thought the idea was pretty damn cool (I believe it was Ecko or Bezerk, but correct me if I'm wrong).

BUT, there's a problem. Despite the fact that I should know how it works, I'm totally ignorant to the workings of a stock market.

I was planning on making one of the categories of investment for "YN Activity". Where if the site is more active a particular day, the stock will grow for that day, if it is less active that day, it will drop. Points would only be paid out when one "cashes in" the "stocks".

However, I'm not sure how to set a mean average, or just have it run day to day from when the market starts. If you look at the bottom of the Last 24 Hours log, you'll notice that there's xxx actions in the past 24 hours. Sometimes this is under 100, other times it has been in excess of 300. I was thinking that using this variable may help.

The stock would be calculated at 12:00 AM (Midnight) at server time, and the adjusted new amount would be shown on the stock market page, along with a user's investment in different categories, with the ability to sell stocks and buy new stocks.

I'm also not sure, however, how I should determine the stock selling price, whether or not there are limited stocks, etc.

Any suggestions, let me know. It would be awesome to get something like this going.

-Toasty

Saturday, April 25th, 2009 at 5:38:45 PM #18101

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	YouN00b Industrial: ACT [Activity] 5% [Posts] 2% Well, you get the point.

Saturday, April 25th, 2009 at 5:40:13 PM #18103

Indy Member 'Garburator' Level 45 Posts: 1,938 Submissions: 95	Sounds like a really good Idea, but I am also completely dumb when it comes to the stock market.
	Deny! Deny! Deny!

Saturday, April 25th, 2009 at 5:54:04 PM #18111

Source421 Member 'hnnggg' Level 19 Posts: 1,308 Submissions: 38	It DOES sound like a good idea, but like indestructible, i have no understanding in the stock market.

Saturday, April 25th, 2009 at 6:15:02 PM #18121

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	Too bad Gimp isn't on the site anymore

Saturday, April 25th, 2009 at 6:37:34 PM #18123

Bezerk Member 'I Speak The Truth.' Level 27 Posts: 1,717 Submissions: 82	My idea's are: Have a few different stocks (as you have already said) Stocks which the user can help push up or down (Via stock prices going higher when bought and lower when sold, like the real stock market) Having varying stocks and how they are determined is a perfect idea and personally you have everything sorted. P.S. It was my idea as well btw.

Saturday, April 25th, 2009 at 6:41:22 PM #18124

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	^Cool I like the idea, but like I said, there's some mathematical problems I've yet to sort.

Saturday, April 25th, 2009 at 7:18:17 PM #18125

Bezerk Member 'I Speak The Truth.' Level 27 Posts: 1,717 Submissions: 82	Ahh, fair enough, i suppose you could ask the gimp on RE, just explain whats going on and maybe she'll help.

Saturday, April 25th, 2009 at 7:27:07 PM #18128

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	True dat. I'll have to see if she'll be willing to help.

Saturday, April 25th, 2009 at 10:59:14 PM #18142

ecko Member 'MMA Expert' Level 27 Posts: 1,782 Submissions: 66	It was Bezerk, he already said that, but I just want to mention that so it doesn't look like I'm an ass trying to take credit. This sounds awesome. I'm just stupid when it comes to this shit. I will have my brother help me, I know he was talking stock market classes in highschool.

Saturday, April 25th, 2009 at 11:55:09 PM #18152

Coopz

Member

'Penis Size: Massive'

Level 35
Posts: 2,398
Submissions: 113

It does indeed sound like a cool idea.

I don't really know about stock markets either but your main theory sounds good to me.

It sounded like it would be simple enough at first but I've just deleted the big paragraph I was writing because it became clear to me that there is more to it than I thought, and that what I was saying wouldn't actually help any.

The activity tripling on any given day means that the stock price couldn't be directly based on the activity, as it would cause massive changes in stock price, and people could very easily triple their investment. If it was based on an average figure (which could be recalculated each night at midnight system time)... argh, my head is going to explode! lol.

Lets see if I can lay it out like this, see if I can make sense.

Initialise:
calculate average daily activity for the past 30 days
let standard stock price = 10,000 points

Daily system tasks:
At end of day, calculate days activity
let next days stock price = (percantage difference between past months activity and todays activity / 10 ) X standard stock price
Recalculate average activity over past 30 days to include todays figures.

The reason for dividing by 10 is to bring the percentage change down to a smaller range so that the stock price isn't vastly different each day. 10 is a bit of a guess, but you get the idea.

I dunno if that's of any help, I know it seems a kinda strange way to do it, and a bit simplified compared to real stock markets, but it should be easy enough to implement, and should offer a good enough variation in stock price without going to ridiculous extremes. Also it means the stock price wouldn't ever get insanely high when this place gets more and more active.

I can see what might be 1 big flaw, or might actually be a good thing as it would stop the prices from increasing astranomically as the site gets busier. We want the site to keep growing but we don't want that to make the stock so expensive that the feature becomes redundant, so maybe it's a good thing. I can't quite get my head around it, I've been thinking about it too much and my bain is shutting down.

Ein Schrei wird zum Himmel fahren, Schneidet sich durch Engelsscharen. "Mein herz brennt, gib mir kraft." Der kalte Mond in voller Pracht hÃ¶rt die Schreie in der Nacht... und kein Engel steigt herab.

Sunday, April 26th, 2009 at 1:30:52 AM #18175

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	^I'm an idiot. I should have messaged the guy who made the stock market program Yea, I think that this would work. As you say, when the site grows, it would get expensive, and also pay out a shitload...I'll have to somehow mix in weights to balance that out. Sounds like it'll be a cool feature. I'll have to get started on it. Thanks for the suggestions!

Sunday, April 26th, 2009 at 1:58:58 AM #18186

Coopz

Member

'Penis Size: Massive'

Level 35
Posts: 2,398
Submissions: 113

lol.

Yours is more complicated because I was only generating random prices, rather than basing them on anything.

I did wonder about mixing in weights, it would probably be a good idea so that all members can benefit from it. In my example I put the price at 100,000 points. To someone like me that is like buying a lamborghini, but you could buy 61 shares and still have plenty of change. I just didn't want to make it any more complicated though, lol.

What I was thinking though was that as the "following days stock price" was based on a "standard stock price" and average recent activity, the stock price would always be somewhere about 100,000 but would rise or fall depending on the days activity, and would always be in relation to the average activity so that the price doesn't spiral out of control. If you get what I mean?

I'm not sure how you could weigh it so that everyone can benefit from it. Making it so that the standard stock price is 1000 X your member level would be better than setting it at 1 price for everyone, but still I would have to save up to afford one, whereas you could buy 1770. I guess on one hand that could be a benefit of being a long standing active member, that you can afford more shares, but it might make it too easy for higher level members to work the market and aquire points.

Maybe there should also be a limit on the number each person can buy.

Sunday, April 26th, 2009 at 2:23:11 AM #18198

MR2Junkie Member 'Cunning Linguist' Level 21 Posts: 1,709 Submissions: 74	AH, now I see why you were asking me if I knew how the stock market works today BA. I think it's a good idea. Just don't put hedge funds and oil futures on here. I don't want to see a YouN00b recession, lol.
	"Ah that's one thing about our Harry, doesn't play any favorites! Harry hates everybody: Limeys, Micks, Hebes, Fat Dagos, Niggers, Honkies, Chinks, you name it."

Sunday, April 26th, 2009 at 3:59:00 AM #18201

Toasty SysOp Level 40 Posts: 7,388 Submissions: 227	^Lmfao. I'll probably be drawing stuff up for the next week or two, and that's when I'll get started coding. I'd hate to start writing code to do this, only to find that it has to be rewritten later. Keep the suggestions coming in. Anything that will make the coding part easier will be great ;)

Sunday, April 26th, 2009 at 6:03:13 AM #18204

Indy Member 'Garburator' Level 45 Posts: 1,938 Submissions: 95	someone will eventually go crooked, and we will be at Gm demanding our points.
	Deny! Deny! Deny!

Sunday, April 26th, 2009 at 6:40:26 AM #18210

DeadLazyBum Site Admin '♥' Level 33 Posts: 2,964 Submissions: 137	This sounds cool. I would have offered to help, but I've been gone since yesterday and just got back. If you need any math help, as long as its not calculus, you can ask me.

Sunday, April 26th, 2009 at 8:28:04 AM #18221

Bezerk Member 'I Speak The Truth.' Level 27 Posts: 1,717 Submissions: 82	Well you are Admin, so you better know... THE PRESSURE!

Sunday, April 26th, 2009 at 9:22:22 AM #18237

Coopz Member 'Penis Size: Massive' Level 35 Posts: 2,398 Submissions: 113	On a side-note, may I suggest putting that link to the past 24 hour log as a recent activity link on the.... Damn, it's allready there! I always thought that just gave you the previously mentioned users activity for the past 24 hours, so I never clicked it! facepalm
	Ein Schrei wird zum Himmel fahren, Schneidet sich durch Engelsscharen. "Mein herz brennt, gib mir kraft." Der kalte Mond in voller Pracht hÃ¶rt die Schreie in der Nacht... und kein Engel steigt herab.

Sunday, April 26th, 2009 at 9:44:52 PM #18304

spaghettifier Member 'Physics Master' Level 6 Posts: 257 Submissions: 6	it would be cooler with multiple stock options such as image section activity, forum activity, video activity, article activity and UE activity, each calculated independently (if you give me a few figures for the activities, such as averages over 1 month, i can make some nicely fluctuating equations for you) and with options to buy in all of them.
	Fuck off, . Uses [view] tag.

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Indy 11 Minutes Ago