Playing a stock market game is a great way to gain a better understanding of the inner workings of the stock market without the risk of losing real money. We did some research, and found several online games that are very good. We also took a look at several board games that might help with the learning process too.
While some individuals might prefer to play a stock market simulation game online, there are alternatives. In fact, there is something to be said for board games. After all, many of us spend quite a bit of time staring at a computer screen. Wouldn't it be nice to interact with real people for a change, while playing a friendly stock market game? (We'll assume there is such a thing as playing a friendly board game.)
It's understandable that a seven year old might not share the same enthusiasm for the stock market. But children like to fantasize and play interactive games, and most adults do too. Below is a list of stock market board games to consider:
The development of Linux and OpenOffice are great examples of people working together to make high-quality software products that are available to everyone with a personal computer. We were not able to find a production-ready free stock market game that was available at SourceForge.net, but we did find a couple of applications that provide the user with some tools to analyze stocks.
There are many websites that offer online stock market games. Some of these are "free," and others charge a fee for participating. There is certainly enough competition in this area, which means it's not necessary to pay for the right to play a fantasy game. Also be wary of stock market games that merely offer free trials.
We're going to recommend three online games that offer a great experience, regardless of your level of expertise in trading stocks. The first site is sponsored by MarketWatch, and they host an excellent virtual stock trading game.
The remaining two online games come from smaller companies, both of which use the Stock Trak stock trading simulation software. This application is used by 60,000 students through 1,000 professors in 30 countries.
Have fun and please do remember that they're only games. Keep in mind that one of the reasons for playing a stock market game is to learn about the workings of a stock exchange. Eventually, this should increase everyone's comfort level when it comes to trading stocks using real money.
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