Learn Trading: Find the Best Game for you
Playing a free Stock Market Game is a great way to learn trading.
If you have never traded stocks before then registering for a Stock Game will also help you learn stock trading terms and practice trading before you risk your real money.
They are also called stock market game, stock trading game, trading game, stock game, online trading game, stock simulations, virtual game or stock exchange game.
All stock market games are not the same. I have spent the last 20 years playing all of them and I can tell you which ones are the best, most realistic and FREE to play.
Those "Free Virtual Trading Accounts" on stock brokers websites usually require you to give them your social security number, phone numbers and mailing addresses before they let you practice trading.
“ A stock game is a great way to learn to trade ”
The top market games to help students learn
When looking at other game websites, you must realize that some games execute trades at delayed prices which means that if you place a trade at noon you are really getting the 11:45 price. The newer investing games execute trades at real-time bid/ask prices and these are more realistic. Some trading games even allow you to practice limit and stop orders—which is an absolute must if you really want to learn stock trading.
If you are a high school teacher, college professor, or an investment club leader, some of the fantasy stock games even allow you to create your own private paper trading game or stock contest.
“ Join a free stock market game and learn how to trade BEFORE you open a real brokerage account. ”
When you create your own market game, you usually get to choose your own trading dates, cash balance, commission structure and other trading rules.
If you want to practice trading options or find an option game, a few of the sites even let you trade options.
Take a look at the table above to find out what I think are the best trading games, or stock and option trading game sites out there. All of them are free, except the StockTrak.com website. Since it is the only site on the web that lets you trade futures it charges a small fee.
Good luck and remember, practicing stock trading is an art and not a science. It takes a lot of time and education to become a good investor. If you want to take an online stock course, the best one that I have found is called Investing 101 from the WallStreetSurvivor.com company and it can be found at Investing101.net.