Jul 22, 2015
PURPOSE
Introduce students grades 4 to 12 to:
1. AMERICAN ECONOMY.
2. THE WORLD OF FINANCE.
3. WALL STREET INVESTMENTS.
INTERDISCIPLINARY APPROACH TO LEARNING:
1. MATH2. SOCIAL STUDIES3. LANGUAGE ARTS4. ECONOMICS5. SCIENCE6. BUSINESS EDUCATION7. SPECIAL SERVICES
PURPOSE
“ “The SMS has been a wonderful learning tool in The SMS has been a wonderful learning tool in my classroom. I teach sixth grade students with my classroom. I teach sixth grade students with learning disabilities, and they’ve really taken off learning disabilities, and they’ve really taken off with this project. My students gained valuable life with this project. My students gained valuable life skills working with this program. skills working with this program.
We are really enjoying ourselves.”We are really enjoying ourselves.”
Mr. Demi Clinton Mr. Demi Clinton
Olive Branch Middle SchoolOlive Branch Middle School
1. 50%
2. Teams start with: $100,000 Teams can borrow: $100,000 Purchasing Power: $200,000
3. Interest charged: 8%
REGISTER ONLINE @ www.ohiosms.com
USER NAME AND PASSWORD
TEAM RESPONSIBILITIES
1. Coordinate team.
2. Ensure all members do assigned jobs.
6. Enter all trades.
4. Control password.
TEAM RESPONSIBILITIES
1. Tracks stocks using recordkeeping sheets and transaction information.
2. Verifies ability of team to purchase stocks.
TEAM RESPONSIBILITIES
1. Double checks transactions.
2. Turns transactions over to the captain for processing.
1. BUY LONG.
3. SELL COVER.
5. SELL SHORT (DO ACTIVITY).
7. COVER SHORT.
9. CANNOT HOLD LONG ANDSHORT POSITION ON SAME STOCK AT SAME TIME.
1. Preferred.2. Common: - Share price at $5 and greater only.3. Initial purchase must be at least 25 shares.4. IPO’s: - Usually available the afternoon the stock starts trading.
1. Receive 20 minute delayed prices.2. Trading Times: 9:30 am - 4:00 pm. - If trade submitted after 4:00 pm, will receive next day opening price.5. Limit order not accepted, all trades are at market.
1. No more than $25,000 in any one stock.
2. Only purchase stocks selling for $5 or more.
3. Initial purchase must be at least 25 shares—after that, may be any amount.
4. Actual volume for that day.5. No day trading.6. Maximum number of trades = 100
during trading period.
1. $25.00 per transaction.
2. If you buy and sell the same day = two transactions = $50.00. (can’t buy/sell same stock, same day)
FLAT BROKAGE FEE
1. Trade Stocks.2. Account Detail.3. Account Summary.4. Ranking.