What is the best free online stock market game?

Sports

When searching for the best free online stock market game, you should look for three things: whether or not you are dealing with realistic stock market data, whether you can trade similar to how you would in real life, and whether there are any incentives to continue playing the game and keep it competitive with other players.

Many free stock market games are inadequate because they often don’t give you realistic data to work with. At best your data lags, but I’ve also seen situations where the data is simply inaccurate and not updated often. Nothing becomes more unreal than being able to transact with stale data when you already know where the action should be. Players often find these loopholes and exploit them for their own benefit. Avoid trading games like this at all costs!

Second, you want to make sure that you can actually trade like a normal trader would. By this I mean you should be able to trade intraday and short the market when necessary. This may sound elementary, but the most popular free stock market game of recent years, CNBC’s Fantasy Stock Challenge, didn’t allow it. With the market swinging as wildly as it has been, not being able to use these professional trading methods will prevent you from seriously learning and practicing necessary market trading techniques.

Last (but possibly most important!), make sure there is an incentive to play [http://freestockmarketgame.investing-university.com] the game! This may sound trite, but it’s easy to make little of your profits and losses in a free online stock trading game unless there are some prizes or rewards to aim for. Many times, the competition between players for prizes is what provides an added advantage for players to follow an investment strategy and learn how to trade better.

Leave a Reply

Your email address will not be published. Required fields are marked *