10-05-2022, 02:03 PM
On a stock market simulator, I made $153,000 profit. Is this possible in real life?
<!-- SC_OFF --><div class="md"><p>So, I have this virtual stock app where you invest virtual money but it uses real stocks and real stock data. Yesterday, I discovered this stock called LogicBio Therapeutics at 7 am. The premarket said it would open at $2 when it was $0.20 Friday. I invested $23,000 in it at that $0.20 price, assuming it would open at that price. It did and I made a $153,000 profit.</p> <p>Would this have been possible in real life? When I mentioned this on another subreddit and some told me it isn't but I know that you can trade premarket although I'm not sure it'd be at the price I bought mine at.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omnipotentsandwich"> /u/omnipotentsandwich </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/xvezzl/on_a_stock_market_simulator_i_made_153000_profit/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/xvezzl/on_a_stock_market_simulator_i_made_153000_profit/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>So, I have this virtual stock app where you invest virtual money but it uses real stocks and real stock data. Yesterday, I discovered this stock called LogicBio Therapeutics at 7 am. The premarket said it would open at $2 when it was $0.20 Friday. I invested $23,000 in it at that $0.20 price, assuming it would open at that price. It did and I made a $153,000 profit.</p> <p>Would this have been possible in real life? When I mentioned this on another subreddit and some told me it isn't but I know that you can trade premarket although I'm not sure it'd be at the price I bought mine at.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/omnipotentsandwich"> /u/omnipotentsandwich </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/xvezzl/on_a_stock_market_simulator_i_made_153000_profit/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/xvezzl/on_a_stock_market_simulator_i_made_153000_profit/">[comments]</a></span>
