Stock trading game android
These include a rating for survivor sentiment, fundamentals, technical and a Motley Fool Rating. For additional help choosing stocks, the site has an impressive resource library that spans beginner, intermediate and advanced levels.
Start with Investing and consider taking advantage of the community forums if you have specific questions. Those who need a little help getting started can also choose to adapt one of the preset portfolios created by proven traders. Prizes vary, but most often consist of competitive pride. Owned by the same company as Wall Street Survivor , this game is great for investors looking to gain experience with a new type of portfolio.
In addition to stocks and indexes, there are options to experiment with Forex portfolios, penny stocks, mutual funds and short selling. Beginners can execute market order-based trades in a "fun mode" without worrying about things like set hours, maximum number of trades per day, per stock and order expiration. A "realistic mode" amps up the complexity after they've mastered the beginner level.
Players can manage up to three stock portfolios and three Forex portfolios on the site at once. The competition aspect is optional. Other public contests include challenging restrictions like "short sells only" or "penny stocks only. Young Money Magazine's stock exchange game is easy to learn but also fairly realistic, which is a hard balance to strike. Realistic aspects include a virtual commission that's taken out of each trade, adhering to market hours and rules about how you can invest.
The shares that you select are "purchased" at Monday's open and will "sell" automatically at Friday's close. The catch is that all players can only use the 15 to 20 symbols selected for each week. The companies are selected by the game owner for companies that are projecting their earnings during each week.
Lining up picks is easy — players simply drag the company's logo to their trading card and designate if they want to sell short or go long. Although there are some pros playing, this game is especially manageable for beginners due to the limited stock options for each week. Like Young Money's game, UpDown has helpful icons that explain key terms for beginners. More comprehensive resources in the education center mercifully cover even the most basic of investing concepts.
Community features, like the opportunity to collaborate with a group and to see the most-bought and most-sold stocks, are also helpful for beginners. The "watch list" tool provides a convenient dashboard for monitoring potential picks. UpDown sponsors a monthly contest that rewards players who beat the market with real cash.
Image courtesy of iStockphoto , H-Gall. We're using cookies to improve your experience. Click Here to find out more. Entertainment Like Follow Follow. Wall Street is intimidating, particularly for newbies. Hone your skills by building and tracking your virtual portfolio in this stock market simulator.
Heat maps are better. StockTouch uses color-coded maps of the top stocks in the major sectors to help you understand the ups and downs of the market. It's Twitter for traders. Get minute-by-minute insights from fellow investors. A Sentiment Indicator shows members' bullish- or bearishness on any specific asset. Sponsored Stories Powered By Outbrain.