subject: The Basics Of The Stock Market Game [print this page] "What stock market game should I play?" one might be wondering. In that, one would not be alone. Some version of the game is played every day, by hundreds of people. These games simulate what the actual stock market does, fallowing people the freedom to practice trading stocks without having to risk any real money in the process. If they master whichever style of stock market game they choose, they can then try their hand at the real market. The two dominant styles of games are fantasy simulators and financial simulators.
Financial simulators work by using pretend money and allowing one to invest it in real stocks, so as to get a picture of what is really happening in the stock market world -- and what would have happened had one invested real money. The games are delayed by around twenty minutes from the actual stock market, as they can then mirror what is truly happening without giving an illegal edge to anyone using real money. A fantasy simulator is a different style of game, where people can buy shares in different commodities that they could not buy shares in on the actual stock market. These are fun for enthusiasts of football or baseball.
A great system for playing, should one want to try this no-risk approach, is the Young Money Stock Market Game. It is free to play, so there is literally nothing to lose and everything to gain. One has to join the website, Young Money, first, but they offer a free membership. One is given one million virtual dollars if one joins the game. The player can invest this however they choose, and can trade it back and forth in a real-time simulation.
The game has a handful of screens that one will use. The first is the Contests Screen, which one uses for the different in-game contests There is a Watchlist Screen, where one can track stocks that they like. After that comes the Stock Screen, showing the overall market trends. The Trade Screen is where one can move the purchased stocks around to make money, to build on that one million dollars.
Free and educational, the game is a must for all people interested in the stock market.
