One of the very best ways to learn stock trading is to play a free stock market game. A free stock market game also known as a virtual stock game also known as a stock trading game, etc. is an excellent way to learn about real world stock trading when it is used properly.
In a stock market game you're given a virtual trading account with which you can select the amount of initial funding. Typically this is $100,000 or so. Don't worry, these are virtual funds and you can make as many shoot from the hip stock purchases as you wish without it costing you one thin red cent.
You can play a virtual stock exchange game for fun and you can even when cash and prizes. Keep reading to find out more about how to play a free stock trading game and win real world, real money cash and prizes. That particular game can be found by clicking the link to the right Stock Market Game.
For those interested in using a virtual stock market game as a springboard to stock trading riches there is a certain way that you can go about it in order to learn as you closely simulate real-world stock trading. The best way to approach this if you're serious about entering the world of stock trading success is to do everything in the exact same manner as you would if you had real money in the account. That's not to say that you would initially fund your account with $100,000, but we are talking about keeping the risks to scale. For instance, if you plan to risk 3% of your equity per trade then you can risk $3000 in your $100,000 virtual stock account. An even smarter way to do it would be to set your initial funding for a trading game to the $10,000 level to more closely simulate the amount of capital you plan to start with. If such an investment level is not available with your stock simulator then use something similar to the scaling example that we just mentioned above.
Most all stock market games will have a wide variety of stock quotes available. Each game will also allow you to track your running equity so that you can see exactly where you stand at any moment at a glance. This is the same as a high level of convenience afforded to you by modern online stock trading platforms. It gives you a good feel for what to expect when you open your real account.
So what are you waiting for? It's free it's fun and who knows you just may be the very next stock trading guru to win a grand prize!
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