The usage of virtual stock markets for newbie's to practice and master new skills and for families and friends to play versus each other has been expanding rapidly. Next, you should write a commentary of the game, which is seen by visitors and might include up to 1,000 characters. Virtual Stocks Exchange Advanced Settings Among advanced settings you have the options to allow or not short selling, trading on margin, limit and stop-loss orders, set trading volume limitations, set default brokerage commission, set credit interest rate (default is 4%) and also debit interest rate for trading on leverage (default is 6%).
Before Your First Virtual Trade Once you set up your own or join any available virtual trading games, you can post your first trade.
Conclusion Once you will make a few trades, you will probably start enjoying the game full size.
Read about the rules of the game and also get familiar with the rules of the stock exchange you intend to trade and general trading rules as well.
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And the last thing among basic settings is to define weather to display player's real names in rankings list and if players should have the ability to reset portfolio once started and if they can join the game anytime till the game ends.
You can of course join any other game as well, where a new portfolio will be established, as you might expect.
A complete technical analysis charting software platform with free investing trading training. If you join one of the available games, you have to respect the rules determined for that game. The name of the game is seen in the left side of any page to identify the game to the players.
When you will be inviting your friends to join the game, you will have to provide them the game ID so that they will be able to locate the game. You will have earned the training and practice needed to take an active roll in directing your retirement investments, your savings plans, 401(k) company plans, or your mutual fund investments.
All the data and information provided by UMOO is there to help players compete effectively and fairly while improving their financial trading skills.
From professional traders to the absolute novice, the UMOO game can be played by anyone who wants to take part in online investing without the risk! Stock Market Games are relied upon by investors of all levels including MBAs, financial professionals, investment clubs and college-students. Tharp's Trading Game Rockwell Trading Home Study Course Free Complete Guide To Day Trading Over 40 video tutorials have been divided into 6 learning sessions to give you more than 7 hours of priceless information on what it takes to day trade the financial markets.
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