Stock Market Games - Learn How to Trade For Free!

Hi and welcome to one of my latest sites which I hope will help you become a better trader and investor, by using what I think is one of the best stock market games. Please don't  worry , it is completely FREE (like you, I don't like paying for things either!) as I always advocate new traders keep their money for when they start their trading for real!. The game offers you the chance to practice your trading strategies, using actual stocks and live prices, and with daily weekly and monthly prizes it really is great fun ( they even give away $100 every day at random, so you never know!)

You also get the chance to compete against other traders and in addition there is an active members forum so you can chat with other traders about the latest market news.

The site is so good that you could actually use it for all your trading news and data, as it has a streaming news feed, live prices on markets including currency, stocks making major market moves, and a host of world news and information which is probably better than most paid for services you have ever used.

For the new trader it gives an insight into all the information which is freely available, and will help you learn all about stocks, earnings cycles, sector analysis, indices, and everything else you will need to understand in order to be successful.

Stock Market Games - Let's get started!

OK - first things first - in order to start all you will need is an email address, decide what your trading name is going to be, and then sign up - it literally takes 2 minutes. Traders are welcome from around the world, so it doesn't matter where you live. At the moment there are two competitions running, one with a $50,000 dollar portfolio and the other with $100,000. There are new games starting all the time, so you can join in at any time, and in addition there are the daily competitions for the best return in a day. All good fun!

All the stocks available for trading are those listed on the New York Stock Exchange, American Stock Exchange and NASDAQ and include stock, preferred stock, and even Exchange Traded Funds, so there is plenty of choice.

In order to help you identify those stocks for you portfolio, the game offers a wide range of stock screening and analysis tools, both for technical and fundamental traders. Unusually, the game also allows traders to open both long and short positions, allowing you to make money when the market is going up or down.

Now one thing you need to be aware of, which again is good experience for you, is that the accounts are all margin accounts based on 50%. This means that you have double the buying power of the cash in account. So if you start with $50,000 cash you can purchase stocks to the value of $100,000. This is called leverage, but remember that whilst losses can me magnified, the same applies to losses. It is only a game, but this will teach you very quickly about the advantages and risks of trading on margin.

All trades are opened and closed using a professional platform which provides immediate updates on the value of your portfolio, along with your ranking on the leader boards. Each time you open or close a trade you are notified with a 'fill' order - just like the real thing!! A 'broker commission' of $10 is applied to each trade. Finally, in order to help you get started I've listed some of the frequently asked questions on the last page of the site, which I hope will help clarify some of the more unusual trading terms.

Good luck with your trading, and please let me know how you get on, either on the blog, or drop me an email, and if you are on twitter, I can add you to my contacts. I hope you do well, but perhaps not too well as we will be competitors!!! Now on the next few pages I've explained how I choose my own stocks and shares in the real market.  This is a very simple system I've developed over the years, so please feel free to follow my method, which you can also use for the stock market games, so please feel free to use it - I hope you find it helpful.

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