Instructions for Trade to do the finace project Step 2 Buy SecuritiesThis section is to make sure you are able to understand a brokerage statement and trackreturns. You generate such a statement using information from the portfolio you create inthe CBOE VirtualTrade simulator available HERE  . After establishing a free account, pleaseclick on the \Adjust Virtual Funds” link and add $75,000 to your account so that you startwith $100,000 (the default is to start with $25,000).The rst question is always: \What do I buy?” That is entirely up to you. An obvioussuggestion is to use the stocks and/or ETFs that you researched in Step 1 above, or otherlocal or national companies where you like/shop. You are free to purchase any security witha few caveats:1. No one position in your portfolio may be more than 25% ($25,000) of your total portfoliovalue.2. No less than ve securities in your portfolio. Portfolio should include ETFs and Stocks.3. I suggest you do not purchase any stock with a share price of $5 or less. They are usuallyvery volatile and sometimes hard to research (which you will be doing in a later Paper).4. You may trade in and out of securities as you see t, but make sure you keep at least$50,000 invested and a core of 2-3 securities at all points.5. You are allowed to use margin, but it will make your performance more volatile.Create the portfolio now, but you will need to complete the following steps before the dead-line of this project. You need a history of a few weeks of returns to track the portfolio’sperformance.Step 3 Track the Benchmark PortfolioYou will be comparing the performance of your portfolio to a benchmark portfolio. Thebenchmark portfolio consists of:Fund Symbol PercentS&P 500 Index SPDR ETF SPY 60%Vanguard Long-Term Bond Index BLV 40%Step 4 Tabulate your Transactions and HoldingsPrior to the paper due date, copy all of your transactions from VirtualTrade (\AccountActivity”) into a spreadsheet and tabulate the realized and unrealized gains and losses onyour portfolio, as well as your portfolio holdings.Step 5 Analyze your resultsComment on your performance and compare it to the benchmark portfolio. Comment onoutperforming and underperforming securities in your portfolio. What economic or rm-specic news had the highest eect on your performance?2Final Instructions1. Please copy/paste the relevant results and include everything in ONE document.and you have to provide me infromation account for the website which linke it above and the EXCLE filde 2. Please do not include any raw data in your paper.3. Please make sure your paper is properly formatted (does not include any of my instruc-tions, fonts are consistent, columns are aligned, etc).  please do it perfeclty and do not get the answer form the homework websiteit must be original your work