Virtual Stock Trading Game

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This topic contains 16 replies, has 11 voices, and was last updated by Avatar of JackTsang05 JackTsang05 1 year, 11 months ago.

Viewing 10 posts - 1 through 10 (of 17 total)
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  • #117640
    Avatar of antiquated
    antiquated
    Participant

    For those of you interested in investing or trading in stock, but is afraid to because you are unsure of how it works, or you are afraid of losing your hard earned cash, there’s a game called, “Wall Street Survivor”. It allows you to build a virtual stock portfolio.

    This game gives you an initial $100,000 of vitual cash to trade with in the stock market. I’m having a ball with it and have introduced it to my subordinates. You can daddle in the stock market without losing your money. It’s remarkably similar to a real online broker. It’s free to sign up if you want to give it a try.

    http://www.wallstreetsurvivor.com/Home.aspx

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    edit: thread title

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    [Message last modified 05-17-2012 06:26am by Kadin]

    #117398
    Avatar of The_arrow
    The_arrow
    Participant

    That looks like a blast.

    My son did something like this when he was a sixth grader. He “virtually” cleaned up. He got some big paper certificate award and I considered using him as my “savant insider” if I got into the real stuff.

    It never happened. Anyway, I think I’ll try this. You can consider me one of your subordinates. Lacky will work, too.
    This might be the next best thing to virtual texas holdem. I hope ppl aren’t as rude on the virtual trader site as they are on the holdem sites.

    By the way, did your email box start maxing out on trader spammers?

    thx (from someone even more antiquated than you)

    [i]Originally posted by antiquated[/i]
    I’m having a ball with it and have introduced it to my subordinates.

    #117407
    Avatar of ImBack
    ImBack
    Participant

    So why are you trying to teach people how to gamble?? If someone want to do this kind of thing and expect to make money, they might as well go to the casino. At least at the casino, you will have more fun loosing your money. And the drinks are free…

    #117415
    Avatar of camboi86
    camboi86
    Participant

    i guess some people like the challenge. Plus if everyone went to the casino we wouldn’t have any stock exchanges at all. Think of it as the rich people’s way of trying to make themselves more rich.
    cool site

    [Message last modified 07-24-2008 10:00am by camboi86]

    #117443
    Avatar of ImBack
    ImBack
    Participant

    my young friend, stay away from it. I know many smart people that try to out smart the stock market… and it never work. They have traders and analysis that gets paid in the millions to figure the market out, and yet people still loosing money. So what chance do normal people like us have??

    #117463
    Avatar of antiquated
    antiquated
    Participant

    Learning about stocks and how the stock market works is not teaching people how to gamble. If you know anything about investment, you should know that you are either directly buying stocks or indirectly buying them. What is the harm in understanding how the stock market works? It is not a lesson to gamble. You are either buying stocks directly or you’re paying a professional to do it for you via an investment vehicle, regardless, stocks are being puchased. It’s laughable that the average person doesn’t even know the difference between Dow Jones Industrial Average and the NYSE. People need to be informed of the way the stock market works in order to better know where their money is going when they invest.

    If you go into buying stocks with the expectation to turn $10,000 into $50,000, then yes, you are gambling. Unless you’re extremely lucky, you will not succeed in your goals. The expectation of a high return in a short period of time is risky and unrealistic. If you want a high risk of return, you must be willing to suffer losses. Investments that offer an extremely high potential reward invariably come with a high level of risk. You get a higher potential payout when putting your money in a “blue chip” company that posts modest growth and pays a regular dividend. Investing your money in a highly established company such as Microsoft over a long period of time is not like going to the casino.

    Investing in stocks is best done as a long term effort, which allows your money to grow and permits time for course corrections and adjustments.

    [i]Originally posted by ImBack[/i]
    So why are you trying to teach people how to gamble?? If someone want to do this kind of thing and expect to make money, they might as well go to the casino. At least at the casino, you will have more fun loosing your money. And the drinks are free…

    #117477
    Avatar of antiquated
    antiquated
    Participant

    lol, I don’t need a lacky. However, I think this is a great learning tool. When I was in grade school, our Economics teacher taught us the stock market and the way it works, and how it impacts the economy. Back then , we would have to check the news paper every morning in order to monitor our stock picks, then manually do the math ourselves. We had to keep track everyday. This web site offers the same learning experience, but in a much improved way.

    Yes, I have received emails from the web site. I guess nothing is ever really free. Enjoy!

    [i]Originally posted by The_arrow[/i]
    That looks like a blast.

    My son did something like this when he was a sixth grader. He “virtually” cleaned up. He got some big paper certificate award and I considered using him as my “savant insider” if I got into the real stuff.

    It never happened. Anyway, I think I’ll try this. You can consider me one of your subordinates. Lacky will work, too.
    This might be the next best thing to virtual texas holdem. I hope ppl aren’t as rude on the virtual trader site as they are on the holdem sites.

    By the way, did your email box start maxing out on trader spammers?

    thx (from someone even more antiquated than you)

    [quote]
    [i]Originally posted by antiquated[/i]
    I’m having a ball with it and have introduced it to my subordinates.

    [/quote]

    #117492
    Avatar of The_arrow
    The_arrow
    Participant

    thanks

    me and my son started last night. we’re in competition now. So I went with max shares on toyota (in my opinion a wise choice all things considered) sure ‘nuf it was up a point and a half. Not bad for a blody day on wallstreet. lol

    page me with yer survivor screnname plz)

    [i]Originally posted by antiquated[/i]
    lol, I don’t need a lacky. However, I think this is a great learning tool. When I was in grade school, our Economics teacher taught us the stock market and the way it works, and how it impacts the economy. Back then , we would have to check the news paper every morning in order to monitor our stock picks, then manually do the math ourselves. We had to keep track everyday. This web site offers the same learning experience, but in a much improved way.

    Yes, I have received emails from the web site. I guess nothing is ever really free. Enjoy!

    [quote]
    [i]Originally posted by The_arrow[/i]
    That looks like a blast.

    My son did something like this when he was a sixth grader. He “virtually” cleaned up. He got some big paper certificate award and I considered using him as my “savant insider” if I got into the real stuff.

    It never happened. Anyway, I think I’ll try this. You can consider me one of your subordinates. Lacky will work, too.
    This might be the next best thing to virtual texas holdem. I hope ppl aren’t as rude on the virtual trader site as they are on the holdem sites.

    By the way, did your email box start maxing out on trader spammers?

    thx (from someone even more antiquated than you)

    [quote]
    [i]Originally posted by antiquated[/i]
    I’m having a ball with it and have introduced it to my subordinates.

    [/quote]
    [/quote]

    #117511
    Avatar of judester
    judester
    Participant

    would you consider buying any potash stocks?

    #117531
    Avatar of Recca
    Recca
    Participant

    try updown.com

Viewing 10 posts - 1 through 10 (of 17 total)