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The Online Stock Trading Game: Wanna Play?


The Online Stock Trading Game: Wanna Play?
Pay to Play I think I missed something. I found what looks like an innocent game, you know the kind where you bet on stocks but not really so as to not lose any real money. However, they want me to pay for it. I looked again and again but sure enough it is a simulator and I have to pay instead of trading real stocks where, they caution me, I might lose money.

Since I’m not going to pay, I’ll have to share my limited information with you and you can make up your own mind. Personally, I think if I have to pay to play an game then I might as well play for real because at least that way, I have 1 chance in however many million that I’ll pick the right stock at the right time.

This game is appropriately called Stock-trak on the website by the same name. The website boasts a college following of thousands of college students. They have an area for professors, students and individual investors. I’m intrigued by the thought of playing the simulator;

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I’m just not sure about paying to play the simulator.

It must just be me. I found another game called investopedia simulator. It really does sound like a good idea to practice first before you go out for the real thing but I just can’t get my arms around paying for the practice.

Play Without Pay I think I’ll just pretend I have my own game. Here’s how it will work. I will choose the stocks I’m going to “buy” and I’ll decide how many shares and then I’ll watch them everyday. If the price goes up, I will sell. If it stays the same, so will I and if the price goes down I’ll pay special attention and decide at which point to get out. Kind of like that stop order Martha Stewart was talking about.

Then once a month I’ll track my “wins” and “losses” and see what I have learned. Voila! game simulator. Only this one doesn’t simulate money changing hands and I still get to learn something.

I’m going to continue my search for an game just because I like all the bells and whistles but I think I’ll refrain from paying for the simulator. Or maybe I’ll just forget the simulator and pay for the trade.


Here are some more online stock trading articles...

Picking the Right Online Stock Trading Services
Online stock trading services are made to make your life easier. Of course you have to pay for them but the benefits can overcome the costs, so just pay attention to the following.Stock Read more...
The Online Stock Trading Game: Wanna Play?
Pay to PlayI think I missed something. I found what looks like an innocent online stock trading game, you know the kind where you bet on stocks but not really so as to not lose any real money. Read more...
The Pitfalls of Day Trading Stock Online
Day trading stock online became popular a few years ago and since then more than a few day traders have lost not only all of their money but have lost borrowed money as well. Day trading stock Read more...
Online Stock Trading in Canada
If you are interested in online stock trading in Canada here you can find a few offers from Canadian brokerage companies.TradeFreedom – Canada’s Online BrokerIf you want to execute Read more...
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