How Do You Practice Stock Trading Online?
Trading stock online can be intimidating. It can also be costly if you don’t know what you are doing. It is worth your time to practice stock trading online before using actual money. It will give you confidence and allow you to work through most mistakes made by beginning investors. Follow these tips to practice stock trading online. Locate a virtual stock exchange. These are fantasy stock-trading games that you play online. They use real gains and losses from real stocks. Only the money is make believe. VSE.marketwatch.com is a division of the Wall Street Journal. Investingexperience.com offers a game geared toward people who want practice as day traders. Others include wallstreetsurvivor.com, stocktrak.com and simulator.investopedia.com. Open an account. Joining a virtual stock exchange is easy. Most games are free. Some offer prizes for winners. You pick which stock exchanges to use (NYSE, Nasdaq or AMEX), which stocks or mutual funds to invest in and whether you want a public or p