| Playing a stock market game is one of the quickest | | | | make the games even more fun especially when you |
| and easiest as well is least expensive ways to test | | | | can see what other stock traders and investors are |
| out new stock trading and investing ideas. | | | | doing. There is absolutely nothing wrong with |
| Stock market games or simulated trading games as | | | | enjoying the friendly spirit of competition. |
| they are called allow you to buy as well is sell stocks | | | | I would suggest that you not only have a portfolio |
| and monitor and loss of your entire virtual portfolio. | | | | for the contest but that you have a portfolio set up |
| You can test your stock trading system and to track | | | | so that you will trade in the same fashion as your |
| the results without risking any real capital. | | | | trading system or methods dictate. By trading in the |
| Unfortunately most people go about this in a way | | | | same way you would with actual money you gain |
| which may not improve their stock trading. All too | | | | valuable insight into how your trading methods will |
| often the trader tries to load up in the stock trading | | | | perform once you start trading with actual capital. |
| game and hit a home run. This is especially true if the | | | | By keeping a level head and taking the trades as if |
| stock market game also has a stock trading contest | | | | the money were your own you will be better |
| involved. | | | | prepared to trade in real time with real money. I |
| I completely understand wanting to swing for the | | | | cannot sit by and tell you that it would be exactly |
| fences in a contest setting where there may be cash | | | | the same because when there is real money at risk |
| and prizes awarded. The reason people often swing | | | | there will typically be a greater emotional attachment |
| for the fences in trading contests is because the | | | | to each trade as well as your account balance. |
| don't have any actual money at risk. These contests | | | | |