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Stock Market Simulation Games
A stock market simulation game is a
great way to practice your investment skills before
actually investing any "real" money in the
stock market.
Simulation games are usually played
on the internet, where people can experience the thrill
of investing in the stock market without any risks,
costs or any fear of losing money when and if they make
a poor investment decision.
Many teachers and professors of banking
and finance are now using stock market simulation games
to teach their students about the rudiments of investing
in stocks. Most stock market simulation games come with
a fee to get started, but there are some that are free
of any charge. One does not need have prior knowledge
about the stock market to join.
This is how stock market simulation
games usually work:
First, players must register. After
registration, players are given an initial sum of "virtual"
money to invest in companies of their choice. Players
build a portfolio of stocks by buying and selling shares
in companies. Most stock market simulation games use
real-time market data.
The objective of most stock market simulation
games is simple:
To increase the value of your portfolio
of stocks so that it is greater than that of the other
game players.
Below are some tips on choosing a stock
market simulation game:
Choose a stock market simulation
game that is used and recommended by reputable colleges,
high schools, middle school, investment clubs, brokers
in training, corporate education courses and any other
group of individuals studying markets in the U.S. and
worldwide.
Choose a stock market simulation
game that is comprehensive and easy to implement in
any Finance, Economics, or Investments class. A good
stock market simulation game should feature trading
of stocks, options, futures, mutual funds, bonds from
the U.S. and many of the world's major markets.
Choose a stock market simulation
game that provides a valuable, reliable, and realistic
trading simulation at a reasonable price to members
and other individuals who are interested in learning
more about investing and trading. The simulation game
should also have some capability for testing a variety
for investment strategies.
Choose a stock market simulation
game that has a toll-free customer service phone number
and excellent e-mail support for members. The support
function should be able to quickly answer any questions
that members/players may have.
Choose a stock market simulation
game that is easy to use and easy to teach even to those
who have never had any real hands-on investment experience.
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