| What is a Stock Market Simulation Game? | | | | or teaching program. It is practical experience. |
| A stock market simulation game is just what it | | | | Even though you aren't making money, you are |
| sounds like. It is like investing in the real stock | | | | still learning from your mistakes and successes. |
| market without actually doing it. You buy stocks | | | | This kind of experience isn't available unless you |
| that you choose and build your own portfolio. You | | | | are putting money in the real stock market. |
| do real research and make real choices, but you | | | | Avoid All Risks |
| don't actually risk any real money. | | | | You are taking absolutely zero risks. You aren't |
| With most of these kinds of games you are | | | | using any of your real cash so you can't lose |
| given a certain amount of "fantasy" money to | | | | anything. This makes it a safe place to make |
| invest. For example, you might receive $100,000. | | | | crazy trades and take more "risks". Of course, |
| Of course, you don't actually get real cash, it is | | | | eventually you want to move forward. Do not |
| just the maximum amount of seed money you | | | | plan on using a stock market simulation game as |
| get that you need to grow. | | | | your only place to invest. You won't make a dime |
| Then, research your stocks and use your | | | | until you start to take real risks. Make this a |
| investing knowledge to choose investments. | | | | stepping stone. |
| Some online programs will give you free tools to | | | | Start Playing for Free! |
| do research. You can buy and sell as you please | | | | There are lots of simulation games out there, but |
| to gain experience and knowledge in the stock | | | | my favorite is Wall Street Survivor. It is |
| market. | | | | absolutely free and you get $100,000 of fantasy |
| Learn from a Stock Market Simulation Game | | | | cash to start out. You can make trades as long |
| You can learn a lot from a good simulation game. | | | | as the markets are open. It is incredibly close to |
| The more it resembles the real markets, the | | | | the real thing. |
| better. You will learn about market orders, | | | | There are other great benefits as well. You can |
| options, and futures, if you pick the right program. | | | | win gift cards and cash prizes. The more you |
| You will also learn how different corporations | | | | trade, the better you get, and the more prizes |
| change in value, you will better understand large | | | | you can win. Once you start investing in the real |
| and small cap stock, and much more. | | | | stock market, you'll be ready to start making |
| Gain Practical Knowledge and Experience | | | | good money! |
| This is knowledge you couldn't learn from a book | | | | |