Simulation Essay example - 1310 Words

Analysis of the Stock Market Simulation nbsp;nbsp;nbsp;nbsp;nbsp;There are many risks that people take in their lives. Yet, investing in the stock market is one of the riskiest things to do. All the money that has been saved over years, possibly saved over a lifetime, could all be lost in the blink of an eye. The Great Depression was triggered by the most well-known stock market crash in history, another crash happened in 1987, and one could happen any moment. However, people invest to make money and through this simulation strategies and a basic understanding were compiled to get a perspective on the risk and tasks involved in investing. nbsp;nbsp;nbsp;nbsp;nbsp;Although not one of the high-ranking people in the class, the†¦show more content†¦nbsp;nbsp;nbsp;nbsp;nbsp;I would short sell stocks in the same way. I would view portfolio’s in the ranking’s and invest in companies that were not doing so well and short sell their stock. For the person that had bought the stock it did not turn out well, but, for me, I made a profit. Sort selling always seemed like the best investment for me, because you were happy when the company did poorly. For me, it happened that short selling turned out alright because the company that I invested in has done poorly. Yet, it does not always work that way and I learned that through this simulation. If the company’s prices increase, that is bad if you short sold it because you actually loose money. nbsp;nbsp;nbsp;nbsp;nbsp;Not every investor invests in the right thing all the time. For me that was Exxon-Mobile. There was not a day that I saw the prices rise. They kept dropping and dropping. The one day that the prices seemed to be turning around and I probably should have sold my stock, they dropped again and I lost more money. The healthcare company that I invested in did not turn out too well either. Sometimes the prices went up and the day change was finally green, but they never went high enough for me to make a profit. nbsp;nbsp;nbsp;nbsp;nbsp;If I could start this simulation over, I would learn all there is to know about the companies that I am investing in before I invest in them. I would look at there past history (at leastShow MoreRelatedTesting Simulation Tools And Simulations1317 Words   |  6 Pageshave found the following articles from these databases provide information that supports the effectiveness of practice simulation tools and simulations in the healthcare field to improve quality of care. This papers intention is to critique the research studies conducted showing the differences and similarities they may have and showing the importance of simulation tools and simulations. Study #1 The first study discussed the importance of poor teamwork showing a connection in critical incidences. ARead MoreModeling and Simulation1096 Words   |  5 PagesModeling and Simulation A Simulation is the imitation of the operation of a real-world process or system over time. It involves the generation of an artificial history of a system and observation of the artificial history to draw inferences concerning the operating characteristics of the real system. Simulation can be used both as an analysis tool for predicting the effect of changes to existing systems and as a design tool to predict performance of new systems under varying sets of circumstances Read More Simulations Essay1590 Words   |  7 PagesSimulations What I hear, I forget; what I see, I remember; what I do, I understand. Confucius, 451 BC General As young children, we all learn by doing. Toddlers learn to walk on their own with their parents standing by as guides, providing a safe environment that makes it possible for the child to learn. When a child enters the formal education system, unfortunately this rich environment of learning by doing often disappears. The education system is still stuck in the industrialRead MoreThe Difference Between Bisimulation And Forced Simulation1266 Words   |  6 PagesLiterature Review: The difference between Bisimulation and Forced Simulation Haowei Zheng hzhe024@aucklanduni.ac.nz 1. INTRODUCTION Currently, component reuse techniques have become more and more important for handling the rapidly increasing complexities of component based embedded system. Bisimulation is a well-known technique which has been proposed in the very early stage of simulation development. It provides the functionality of checking for process equivalent in process algebras. ManyRead MoreThe Effects Of Simulation On The Nursing Education System1714 Words   |  7 PagesSimulation is has been adopted in the nursing education system, as a technique to curb common and dangerous occurrences that ensues in the health care system. After graduation and upon gaining employment in a hospital, nurses ought to be familiar with the fast paced and intense hospital setting, while executing various nursing practices, which includes clinical competence, timely decision making, critical thinking, efficient and professional human interaction. They are various form of simulationRead MoreEssay on Effectiveness of Scenar io Based Simulation Training 1579 Words   |  7 Pagesprograms to seek alternative methods of clinical instruction. In years past simulation training was used as an aid to facilitate learning. Today, for many nursing programs scenario based simulation is the only option for learning patient care. Which brings about the question as to just how effective is simulation training? According to Kneebone, Nestel, Vincent, Darzer (2007), â€Å"To be effective, however, such simulation must be realistic, patient-focused, structured, and grounded in an authenticRead MoreFinal Discussion Board on Simulation Article and a Reflection562 Words   |  3 PagesFinal Discussion Board on Simulation Article and a Reflection For this final posting for the informatics class I will be sharing and then commenting on an article discussing the effectiveness of simulation to help medical surgical nurses to recognise then respond to clinical emergencies. I will then be sharing my reflective thoughts and opinions on my personal experiences in the blending leaning classes here at Framingham State University thus far. The APA Formatted Reference Buckley, T.,Read MorePros And Cons Of Army Simulations Theory1553 Words   |  7 Pages(Internet) and compared to Noe’s text offline (non-Internet). The topics discussed are the pros and cons of Army Simulations and the virtual training environment of today’s soldiers. Three of the four articles confirm Noe’s opinion of the value added (both monetarily, as well as, the ability to train in situations that would not be possible to train for in real life) of virtual simulations (Sims) in the Army training environment. The fourth article, however, shows a flaw with Noe’s theory. Due toRead MoreEssay on Real World Exposure and CVA Simulation1131 Words   |  5 PagesReal world exposure and CVA simulation The risk-neutral approach assumes that asset prices follow stochastic process with drift coinciding with the short rate r(t) being risk-free interest rate. dS(t)=S(t)[rdt+ÏÆ'(S(t),t) ã€â€"dWã€â€"^Q (t)] Instead, in real-world measure they follow more complex process, which embodies time and risk aversion of investors, namely: dS(t)=S(t)[ÃŽ ¼(S(t),t)dt+ÏÆ'(S(t),t) ã€â€"dWã€â€"^R (t)] or, equivalently, a process with real-world stochastic discount factors which depend on risk-freeRead MoreHigh Fidelity Simulations in Nursing Education Essay1371 Words   |  6 PagesFidelity Simulation in Nursing Education For years nurses have gained experience in the medical field through clinical rounds at hospitals and doctors offices. Learning has always taken place first through textbooks and then through personal experience during required clinical time. These methods have proven effective but include limitations to the amount of exposure a student can gain before entering the workforce. A new way of learning is on the rise with the use of High Fidelity Simulations (HFS)