Stock Markets Exposed
eXists?: Stock market game: real stocks virtual money?
I'm wondering if such a game exists where I can add virtual money to the stock market and have the program tell me how much money I would have made had it been real money. If not Im thinking of making one. Thanks :)
Public Comments
- Yes the one my daughter participated in was through the Boys and Girls club. They give you a simulated $100,000 to start off. www.stockmarketgame.org Hope this helps.
- An excellent one is at http://www.marketocracy.com. If you do well enough, your trades are used to manage a real mutual fund and they pay you as well. It simulates very faithfully, managing a real mutual fund. It is well structured for long term investors.
- You are better off with real money, and I will you why? Let's said you are doing well in the real virtual stock market game. It doesn't automatic put you in good investor category. Why? Because in reality, you have this thing call human emotional which force you to sell or buy stock to quick becuase you're feared and greed when it comes to real hard earning money. I know this game becuase I used to enter the contest myself where they gave you 100,000 thousand dollars in virtual money, and I did good. At one point, I was in the top 10 competed with thousand contestan. For you, start with as little as $500 dollars, and take it from there. Remember one thing, the market is smarter then anybody on this planet call earth. Don't let's your emotional get caught on making your decisions. Good Luck, and alway keep on learning!
