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Saturday, September 1, 2012

Stock trading: Test your trading prowess with this stock trading game

This game demonstrates the basics of what actually happens in the stock market every day. Share prices rise and fall as traders buy and sell stock. By selecting how many shares to buy or sell, you can either increase or decrease your profits.

You start out with a $2,000 account and can quickly increase or decrease its value by making quick decisions about which direction prices will move next. Just press on buy when you want to buy, and sell when you want to sell. The arrows position on the scale determine how much you buy or sell.

* Tip: You have to buy shares first before having something to sell. Buy when you think the price is low and will rise, and sell when you think the price is too high and will fall. I made $87,000+ without turning the sound off before getting bored. Too bad its fake money.

* Tip 2: Trades on the simulation do not include commission or fees, therefore they are not an accurate representation of the reality that transactions costs add up and eat away at capital gains and losses.

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