Fantasy Stock Trading
Fantasy Stock Trading is a bit like playing fantasy football. You can go to one of the websites that offer this type of game and sign up to participate. You are then given a certain amount of money, usually something like $100,000 to trade stocks with. Many times you are competing against other people to see who can do the best. Some of these Fantasy Stock Trading games have you trading real stocks with a 15 to 20 minute delay, and others have you trading imaginary stocks. These games can run for various lengths of time, with many of them running for a month or more, some even run up to a year. You usually can trade just like you would on the real stock market, with all the same types of systems and trades available to you. Depending on the game you choose, you might be able to trade stocks on world markets or just those in the US and Canada. Fantasy Stock Trading is available on a wide variety of websites. These include the Fantasy Stock Market website, the Investopedia website, the Wall Street Survivor website, Stock Trak, Virtual Stock Exchange, and even the FaceBook website have these types of games. The specifics of each simulation game vary depending on the website. Some allow 24 hour trades but others only post them during market hours. Most of these websites allow you to research stocks and learn more about stock market trading right through their websites. Some of these Fantasy Stock Trading games even give out prizes to those who do the best during the time period set for the game. Fantasy Stock Trading can be a great educational tool for investors interested in getting started in stock investing but wanting to get more familiar with the market first, or those who would like to try out a new system to see how well it works. It is also a great way for teachers to teach their students, either at a middle school, high school, university, or business school level. Many of these sites will allow you to set up a league for your classroom so that students in the same class can compete against each other while they learn how the market works and what strategies work best. For those of us who are very risk averse, but like the idea of testing their abilities, Fantasy Stock Trading is just a great hobby. You don't have to risk any real money, but you can see if you can do better than the experts. It can be a lot of fun, and take up as much or as little spare time as you might have. |