Trading stocks prices are down and this has prompted many investors who do not understand how the stock market works to educate themselves about the market and what is needed to invest. With the current down trend in the market, investors may rightly be thinking that this may be the investment opportunity of a lifetime. However they don’t know where to start and how to get an education about stock market investing.
Sunday, August 14, 2011
Wall Street Survivor and How the Stock Market Works
Trading stocks prices are down and this has prompted many investors who do not understand how the stock market works to educate themselves about the market and what is needed to invest. With the current down trend in the market, investors may rightly be thinking that this may be the investment opportunity of a lifetime. However they don’t know where to start and how to get an education about stock market investing.
There are various stock market games and options trading games for investors who want to register and learn the ropes and terminology without the risk. Wall Street Survivor is the best stock options trading simulation game on the market and it is free to join. There are other sites to learn how to do online trading and trade currency markets.
I enrolled (it takes less than a minute) to find out what information and experience I could get from these stock market games. Let me tell you , there is a lot going on within these stock market simulator games, including weekly and monthly contests for you to win prizes. You will learn how to do stock trades to buy and sell exactly as you would with a real online broker platform. So, when you understand how the stock market works with Wall Street Survivor, you will have learnt how you would do a trade with a real online broker with real money.
The amount of free material that is amazing. There are training videos, tutorials, a tremendous forum, contests which everybody is automatically entered in, an investigation section, plus more. Whenever you register you will quickly realize you cannot find any shortage of things to do on Wall Street Survivor and things to learn.
Initially, you will be given a $100,000 online trading account in virtual cash to create your own stock portfolio. You then buy and sell stock (with your fantasy dollars) using actual stock prices as their prices fluctuate with the daytime volatility of the market. Similar to in the real world, you can learn the way to short sell, set stop limit orders, invest orders after hours and just about everything you need to be able to do with a real online broker you can do here. You can be managing your own stock portfolio through simulated trades that happen to be executed on a real-time trading platform.
As we will discuss I am up a bit from my starting balance of $100,000.
To be really successful at Wall Street Survivor it is best to try and initially get a good education in how the stock market works. Investing in an online stock trading course that can give you some simple stock market strategies will greatly accelerate your learning curve and take you from stock market beginner to investing like a pro.
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