Is there a website that allows you to PRACTICE stock trading WITHOUT using real money?
Anybody know of a site that let's you trade real stocks but without using money so you can learn before jumping into it? Either that or any programs out there that fit this description?
Public Comments
- Investigate the different investments you have available to you. Make THE BEST investment you can: Invest in yourself - your own education. Once you have that knowledge, no one can ever take it away. In the beginning “newbie” traders & investors DO NOT INVEST any money. It probably won’t be long when you’ll feel you’re ready to invest your hard-earned money. Before taking that step, you really should do research about what you are investing in. You should LEARN HOW: A] the stock market works. B] to invest in many, many various ways. C] to properly trade D] Properly manage the money in your trading account. "Newbie" investors & traders ALWAYS make mistakes. In fact, throughout a person's trading, he/she makes mistakes. In the beginning, you READ & LEARN about the market & how it works: Read "Investing for Dummies" As you read & do research about the investments you are interested in, sometimes you'll come across a financial or investment term you never heard before. http://investopedia.com is a free site. It’s recognized by Y! A as a "Featured Knowledge Partner". You can usually find excellent, easy-to-understand definitions of many financial & investment terms by going to Investopedia’s dictionary. It also has a free, paper trading platform. You can set up a virtual account & almost trade as though you were trading with real money. http://finance.yahoo.com is also recognized by Y! A as a "Featured Knowledge Partner" THIS IS NOT SPAM: I DO NOT know this man. I am not associated w/ him in any way. I know of him & the wonderful book he wrote. You should invest in a copy of “The Richest Man in Babylon” by George S. Classon. You can get the book on http://amazon.com Its easy to read & follow. You can write in it & make notes in it. Simply read five [5] pages of this book - or any book - each and every day. OR You can leave it on the shelf, on a table or on the floor & let it collect dust. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last name!
- You can sign up for "paper trading" with ThinkOrSwim. There's no charge. Make sure you listen to the "ShadowTrader" on their platform. Brad does a great job talking about the market & the charts on TOS can't be beat. Check them out at; http://www.thinkorswim.com/
- I use the Virtual Stock Exchange made by Marketwatch. You could visit: http://www.vse.marketwatch.com , make an account and create your own virtual portfolio or you could find a game to join.
- google: stocks.com be prepared for a whole world of trading and info to open for you
- Investopedia
Powered by Yahoo! Answers