Stock market games are great tools for beginner investors because it costs you nothing to sign up and play. With the internet at our grasps, you don’t have to invest real money to become an experienced stock market investor. Fantasy stock market games provide all the real traits of the stock market without the added risk.
Advantages of Fantasy Stock Market Trading Games
1. Fantasy stock market games cost you nothing.
2. You get to purchase stocks that trade on major stock market indices at no risk.
3. You may buy or sell as much as you like in the fantasy stock market. No commissions or account minimums to worry about.
5. Some fantasy stock market games award cash prizes to monthly and/or yearly stock market winners.
I still use my virtual stock market account at Virtual Stock Exchange, a MarketWatch production. Here’s a list of other fantasy stock market games around the web:
- Young Money Fantasy Stock Market Game - Young money gives you $10,000 worth of fantasy money to start out with, and every month they give out a Free ShareBuilder Basic Investor Starter Kit
- Investopedia’s Stock Market Simulator Game - You start out with $100,000 dollars of fantasy stock market cash, and go from there.
- Stock Trak - A stock market simulator that’s used by many universities across the world.
Further Reading on Online Stock Market Games:
- About.com Stock Market Games - About.com lists 7 other free stock market games. I listed the best ones on the web, but there are tons of fantasy stock market simulators out there. Pick your favorites, and start playing!
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Hey TJP, looks like Google has your site indexed now. Did you do anything or did Google just get it?
These games are good for understanding the mechanics of trading however without your own money being involved you are leaving your emotions on the sidelines. Just watch an gambler at the race track, its a ton of emotion all day long.
Every time I get emotional, I try to calm down before conducting any trades. Letting your emotions get the best of you leads to poor decision making.
Good point, Bob. How do you cope with the emotional burden?
Emotions are easier to cope with when you have the mechanics down. It’s just like military training. The reason you train so much is that when you get in a firefight you don’t think, you only respond the way you’ve been trained.
lcm - I agree. Once you get used to the markets, buying and selling gets a lot easier. Practice makes perfect.
Also, love the military analogy. Investing is like a life-long training course. Those who continue to practice perform the best.
This was a great post, we cited you as one of our favorites in our carnival round up.
I have never tried one of these games before. I want to try an options trading simulator.
Don’t forget about Wall Street Survivor when you’re talking about free fantasy Stock Market games!
I recently found this Virtual Stock Trading Game that is pretty good. It contains free and paid competitions along with various prizes for the winners. I’m just getting into the market and am trying to learn about it before I go throwing money around. Anyone Have experience with any other Stock Market Games?
Try this new virtual stock trading and social networking site, httpd://zoodak.com. The site launched recently and award cash prize if we win the tournament. Also, they have a lot of other interesting stuffs. If we make correct predictions on tomorrow’s stock price, we can get points which can be used to buy stuffs.