Beat the Stock Market 4+

Name: Beat the Stock Market
Rating: 3.7 (3 reviews)
Author: Peter Kramer

A stock trading challenge

Peter Kramer

Designed for iPad

- 3.7 • 3 Ratings

- Free
- Offers In-App Purchases

Description

Create a portfolio of stocks, bonds, ETFs and mutual funds and try to beat the S&P500 and other users. Uses real market data (most exchanges and real time) to execute market orders along with limit and stop orders.

Beat the Market is a portfolio emulator that uses real-time real-market data to let you create a virtual portfolio of real assets and compare your virtual portfolio's return to the S&P500 and other users
* start with $100,000 virtual cash
* buy a portfolio of listed stocks, bonds, ETFs and mutual funds
* accepts many different buy orders: market order, market-on-open order, limit buy order, stop buy order (Screenshots 3,4)
* shows real time value of portfolio assets (Screenshot 2)
* allows the use of a proxy asset to approximate the intra-day gain/loss of any asset that does not trade during the day
* credits portfolio with dividends and splits
* plots daily portfolio value against S&P500 (Screenshot 1)
* calculates portfolio beta and alpha
* compares return and alpha to S&P500 (Screenshot 5)
* compares return and alpha to other users (requires iOS8)

Creating a portfolio of assets with your $100,000 is free.

Selling Assets: Beat the Market will also allow you to sell any asset to increase your cash position or to buy different assets. Selling requires a commission 'Token'. Tokens are available as an In-App Purchase. Purchased Tokens can be transferred to any nearby iOS device. Selling an asset is not required for valuing your first portfolio over time.

Mar 20, 2024

Version 1.5.2

Simple bug fix

3.7 out of 5

3 Ratings

Very good for beta version

It updates as it says it will and is a real gun simulation. I would recommend it for folks who want to test their luck without losing real money. Keep up the good work. Can't wait for the finished product.

Avoid

Waste of time. Can’t play the game without buying “tokens” - if you read their documentation first, you’ll discover that buying stocks with play money is free, but to sell a stinker you have to buy IAP tokens. No thanks, plenty of free paper trading websites and apps out there.

You can invest the original $100,000 portfolio and see if its value increases faster than the market. You just can't sell and reinvest in different assets.

A real challenge

I wish all my trader friends would try this and see if they can Beat The Market. This lets you place all the standard trades (market open, limit, stop, on the market) against any stock on almost any public market. And it keeps track of dividends. Then it shows the result of your portfolio and ranks it against the market - both return and (beta adjusted) alpha. There should be weekly betting pools around this app at all trading desks - but based on alpha not return!

The developer, Peter Kramer, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.