Mock stock trading

Mock stock trading

By: world_24 Date of post: 30.05.2017

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Free Stock Market Game, Create Your Own Contest

Know what you're getting yourself Explore one of the latest trends in financial planning and investing—the digital financial advisor. Interested in starting a catering business? Here's your step-by-step pre-launch plan. It'll help you pin If the gap between learning about stock investing and actually putting money on the line seems to you, well, chasmic…there is an intermediate step you can take.

You can try your hand at pretend investing.

Mock Stocks - Free stock market game - rehojuvuyequ.web.fc2.com

The mock portfolio, to begin, allows you to create a list of stocks and track their progress over time. Any number of investment and brokerage websites will let you set up a mock portfolio.

Create your portfolio by entering the ticker symbols of your choice, adding as many as you like until your list is complete. Then access realtime data according to your preference.

Set email alerts to keep you apprised in realtime of when a stock rises to, or drops below, a certain price or rises or falls by a certain percentage. Of course, you can always choose to check in with your pretend investments by accessing the portfolio at your leisure.

If diving headlong into investing proffers the potential for shocks and chills, the mock portfolio offers you the undeniable thrill of witnessing the success of your stock choices—alas, without a chance at the actual spoils ahem, profits.

On the upside, the heartache—real or imagined—of losing money when your mock stocks perform poorly is but a dim specter, postponed until a day when your appetite for risk has swelled. Virtual investing goes a step further than simply listing and tracking your selections. Many brokerage and investment sites, such as Sharebuilder and optionsXpress , allow you to open—for free—a virtual trading account with a user ID and password.

Via virtual investing, you can get the full experience of real stock trading.

mock stock trading

After opening an account and having it funded with play money, you can actually place buy and sell orders for stocks, options and more. Become familiar with using an online trading interface, taking advantage of more sophisticated features as you learn.

mock stock trading

Access stock charts, research data and a range of helpful trading tools. Mobile phone apps iSwim and iTrade allow for much of the same activity—in the palm of your hand.

Some sites that offer virtual trading add a bit of gamesmanship to the experience, providing the chance to compete and compare your results with other virtual investors over time. Pretend investing is like making use of the wading pool when you learn to swim. But it does allow you to get your feet wet, become accustomed to the feel of the water, assess your comfort level with a variety of methods and indeed discover whether being in the pool is to your liking at all—all without much risk.

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Learn How to Invest in Stocks - Virtual Stock Market Game

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