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Unlike many investing games, trades are made at a real-time price. Learning aspects include convenient help icons on key terms and an intuitive tabbed interface.
Players can also create their own contests or join other user-made contests. MarketWatch will run this mock stock market contest for a total of four weeks, awarding the winner of each week with an iPad. It's on week three right now, but there's still time to get in on the competition for week four.
You must have your selections picked before the week starts on Monday. 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.
Electronic Arts Inc. There only a few decent games with a subscription model, such as Old School RuneScape. The real stock trading app is a fee-based system, but the paper trading platform is completely free to all users. Sausage wrote: ». The video game industry is involved in the development, marketing, and sale of video game hardware and software.
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. Find out more. Entertainment Like Follow. HowTheMarketWorks 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.
To find the best trading instrument, specific research data analysis on times series and tests on the most profitable ones are done. The most suitable technical indicator, like adjustable moving average, is selected, further innovated and tested to make it work for him.
He writes his own formulae into his own trading program, including the stop loss for risk management. He manages his capital well. Auditing and periodic checks on the trading journal keep the trading system updated.
Completing the checklist, he starts trading. Skip to main content. This service is more advanced with JavaScript available.
Advertisement Hide. Conclusion: End of Course and Beginning of Trading. Authors Authors and affiliations Jacinta Chan.
Chapter First Online: 03 December