Divide the class into small groups and set up the game. Tell students that they will participate in a hypothetical trading game. Divide the class into five groups and assign each group one of the following countries: United Kingdom, China, Colombia, Saudi Arabia, and Ghana. List the following export s and their values on the board for reference during trading:.

Introduce the objectives of the game. Explain to students that they can creatively market their products or combine products to end up with something more desirable. Conduct the first round of trading.

Allow for ten minutes of open trading. Then announce the following:. Update the point system on the board to reflect the increase in points per unit for oil. Conduct the second round of trading. Allow for two additional minutes to trade.

Announce that trading time is over and have groups tally points. Adjust the results to reflect a new situation. Offer the following world situation and outcome to see how it impacts the final results:. Re-tally the points and figure out who got the most points.

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Have students reflect on what they learned. Discuss the following questions:.

An excerpt of the film is provided in this activity. Before starting this activity, create 5 different sets of 10 trading cards by printing out and cutting apart handouts. Resources are unevenly distributed across the surface of the Earth, and no one country has all the resources it needs. Therefore, each country must trade with others, resulting in a world of global economic interdependence—an exchange between producers, who produce or manufacture goods, and consumers, who purchase or use the goods. Certain conditions encourage or discourage trade among countries.

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Trading Up

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You cannot download interactives. The global economy is innately tied to trade; it allows countries around the world to obtain any resource they may want, whether or not it is produced on the home front. This availability of resources is facilitated through trade.

The global economy allows us to eat the foods we want all year round and buy clothing and gadgets at lower prices. During times of peace, it is beneficial in a global economy, to see other nations succeed. On the other hand, during times of unrest, dependence on outside nations, in a global economy, may seem scary.

The Reddit-led traders were gaming the system to strike back at those who, in their view, had already gamed it to their advantage. A poorly balanced game will always fail. Gamers can be trusted, sooner or later, to identify and exploit the superior choice. The game will become worse and worse for those stuck in the poorer-performing character class, for example.

Three ways to play the stock market trading game - Simple stock trading

And as it becomes a monoculture, the game becomes less diverse and interesting for all players. The same is true of financial markets. Trades require buyers and sellers. Who wants to participate in a market where the other side has a structural advantage, and knows it? Losing the magical property of liquidity, such a market will eventually freeze up or tumble into a panic. It gets worse. Institutional traders tend to do better than retail investors because they have access to better information. Good information is costly to obtain.

Those who invest in it appropriately reap the rewards. The problem comes when powerful information is available too cheaply and yet not broadly. That created an arms race and a series of failures in which regulators had to step in to preserve trust in markets. What serious people call trust, gamers call fun. Information asymmetries can also grow too great because of unnecessary costs.

A Brief Report for Trading Game

Such rules are a blunt instrument to protect individuals against taking excessive investment risks, but they also exclude many who could bear the risks from profitable opportunities. The biggest flaw in the investment game that so many new retail investors are playing, however, is that the players were never fully in charge.

Video games are exciting because they make you the protagonist. The game narrative always revolves around you, the player, taking actions that win the day.

Top Stock Picks To Beat The Market

Games are about choices that matter. Thi Nguyen, games are an art form for recording human agency the way photographs record sights. Other players were involved, too. Behind the scenes is the vast infrastructure of financial plumbing. The Depository Trust and Clearing Corp. It also sets policies to manage counterparty risks around such clearance transactions. When volatility is high, it can tell broker-dealers to put up more collateral. Which is what it did to Robinhood when GameStop went through the roof. Regulatory steps are needed to better align the game with its players.

Serious losses from speculation on GameStop and other meme stocks are no laughing matter. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at or visit www.