Trading Stock Market

What Is A Good Virtual Trading Stock Market Game For...

New postby Glynis » 28 Oct 2012, 19:22

What is a good virtual trading stock market game for learning the stock market?

I've seen a ton of these games online and i've played a bunch that seem too complicated. Can anyone recommend an easy one that doesn't have a steep learning curve? I'm totally new to this so easy is best.
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New postby Andria » 28 Oct 2012, 19:22

I am using The Spartan Trader and Wall St. Both allow you to see real stocks, but I know spartan trader allows you to see and trade stocks in real time. I was recommended by another user on yahoo answers and decided to play them both. I would start by checking out http://www.thespartantrader.com
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Where can I find teaching material on stock market trading..

New postby Nerissa » 28 Oct 2012, 19:22

Where can I find teaching material on stock market trading and stock terminology?

I am intersted in learning about online stock market tradeing and how to interpit stock symbles and the language of the proffession.
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New postby Filiberto » 28 Oct 2012, 19:22

I'm surprised I'm telling a teacher this, but the best-kept secret of information is your local library.
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Does anyone know of a good Free Day trading stock market...

New postby Fermina » 28 Oct 2012, 19:22

Does anyone know of a good Free Day trading stock market software? Does anyone know of a good Free Day trading stock market software?
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New postby Louise » 28 Oct 2012, 19:22

First, try trading virtual money on a Simulator real time at Investopedia.com

Look into the Investor platform at TerraNovaOnline.com
I think this one is free if you open an account there. I use the full-blown package called RealTick for $250/mo. The Investor platform is the same software, sized down to one screen. I use five monitors. This is very technologically advanced softwarefrom Townsend Analytics, the one that digitized the entire Nasdaq last year. Cutting edge technology. If you make some money, then definately upgrade to RealTick.
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Does any one know that how we can get rich with stock...

New postby Lizzette » 28 Oct 2012, 19:22

Does any one know that how we can get rich with stock trading market?

I try to study with the stock analysist but it doesn't work?
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New postby Nerissa » 28 Oct 2012, 19:22

I made my first trade when I was 17 years old. I made a lot of money. I turned 20 dollars into 80 in the course of my senior year in highschool. I was hooked. I needed to know everything I could find out about investing. I retired at 45. I'll be 47 in october. Its not as hard as you think. You need just 2 things. a regular investment, for one. In other words you put money away every payday. Doesn't matter how much. Just make it a habbit and do it. I started with a lousy 10 bucks a payday so 40 dollars a month. Later when I was better off I was doing 200 a month. Then my investments got big enough and the dividends got big enough that my investments were putting in more money each month than I was. Then one day I noticed my investments were earning more per month than I was. So I retired at 45.

The second thing you need is education. If all you have is 20 dollars, you don't need a lot of education because there is not much you can do with it. As your nest egg grows so will your knowledge base. Other wise your nest egg will shrink. The fool and his money are soon parted.

So all you need are two things, regular instalment of cash, and education. Get some books do some studying.

The third thing I didn't mention because most people don't have the patience for it. Paper trading. You learn a new thing and then you trade "on paper" not for real. This is practice. If you can't make money paper trading, don't do the same thing for real. So when you learn a new thing paper trade to practice what you have learned. Don't use real money till you know you can do it successfully. Nothing worse than a green horn who thinks he has the world by the tail today. Come the next day he will be broke and starting over. I should know, I've started over many many times. It was not till after I learned to disiplin my self to paper trade first that I truly became successful. As result I have learned that I'm fair with options, good at stock screening, I can really pick them but I can't time them very well even now. I totally suck at forex trading. So what I learned about my self taught me that I needed to stay away from forex. I lost millions in paper trades figuring that out. I can pick good stocks but have trouble timing them. So my style had to be adjusted. I pick the stock and then wait long term. In as much as I'm fair with options, I write covered calls against my stock holdings and that gives me an added boost with which to accumulate more while I wait for the stock to climb. Sometimes I have to wait a while because like I said I suck at timing. So if I pick a good one and have to wait a year for the rest of the world to notice its a good one, I have a year of options pemiums I have used to by more stock thus leveraging my posistion with money I would not otherwise have. Also as a good stock picker I can also pick the bum's. When I find a particular nasty bum I buy a stack of puts on it and this has been most profitable to me. I have made more thousands than I can count doing this. So after I learned what I was good at thats what I did.

In review...study, learn, practice. When you know what your good at exploit your talent. Put away a little money every payday. And that in a nut shell is how it is done. Programs that people sell you suck. You are far better off making your own just like I did.
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Who are the people on the stock market trading floor -...

New postby Jeannine » 28 Oct 2012, 19:22

Who are the people on the stock market trading floor - what are they doing - what are those hand signals?

I see these people yelling at someone up on a balcony somewhere, yelling into a phone, making funny hand signals to someone - there are bunches of people there - I just wonder how the whole thing works! Who are they yelling at - who is on the balcony? Who are they making the hand signals to? What do they mean? What are they trying to do?
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New postby Katherina » 28 Oct 2012, 19:22

You're actually talking about commodities and futures trading pits. The New York Stock Exchange does have floor traders, but they don't use hand signals.

The hand signals were developed as a method to communicate amidst the noise of the pit. Only one commodity trades in a particular pit location, so the hand signals simply indicate whether the trader is a buyer or seller, how much they're looking to trade, and what price they would like to trade at.

The Eddie Murphy/Dan Akroyd movie "Trading Places" has a scene at the end that actually does a really good job explaining it all.
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Where can I find a great FREE website that teaches stock...

New postby Hassie » 28 Oct 2012, 19:22

Where can I find a great FREE website that teaches stock market Trading and Investing?

It could be anything from stock market trading to Futures and Options or even Forex. Could be Day-trading, Online-trading, etc. Please feel free to list as many websites as you might know about - as long as they are FREE. Also, any good book suggestions and/or tips?
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New postby Alejandro » 28 Oct 2012, 19:22

First of all - you should focus your learning on one or the other. I'm a trader myself and trading and investing are two totally different things.

There is plenty to learn in both arenas but it is important to first recognize what your overall goal is.

Are you trying to make a living out of it? Trying to get rich? Trying to get better returns over the long term?

From there you can decide wihch vehicle to invest/trade with that best fits your goals.
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How would I go about getting started in stock market...

New postby Mai » 28 Oct 2012, 19:22

How would I go about getting started in stock market trading and what investment firms would be ideal to use?

Websites or any info you may have would be helpful.
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New postby Dannette » 28 Oct 2012, 19:22

Hi,

If I were young, I would be investing in small cap growth mutual funds or stocks. Go here for excellent low cost advice (http://www.aaii.com/aaiiportfolios/comm ... omment.cfm).

Don't be alarmed at the low cost - it has some of the best financial advice on the Web.

If you have lots of time before retirement the magic of compound interest will just keep building and building. It really works and if you keep investing and re-investing your proftis every year, in 10 or 15 years you will be surprised at how it mounts up. In 30 years you could be a millionaire which probably won't amount to much in 30 year owing to the the ravages of inflation. But stocks are a good hedge against inflation.

By that time you may need a money manager to manage your money - probably before when you reach the $500,000 mark. Heck! If you have achieved that much, you probably don't need a money manager - you are the best judge of where to invest your money by that time.

And that's the primary reason to keep investing in small cap growth stocks - they will flog inflation to death.

When investing in mutual funds, select the no-load funds only. Do not invest in mutual funds with a "load", an up front commission that you have to pay before when they sell you the mutual fund. Some charge as much as 10% which is a rrip-off. Many studies have shown that the no-load funds do as well as the load funds and sometimes a lot better.

Look at the AAI Shadow Stock Portfolio. I would try and emulate that portfolio if you want to invest in stocks. It was up 25% as of November 2006. The Vanguard Index fund is only up 14%.

AAII has some of the best financial advisers and the cost is very low. They have excellent guides and advice.

You may need a broker so go to e-Trade or Scottsdale who have low commission rates.

Do your own due diligence. Your own ideas are the best. Do not depend on someone else to select investments for you. Learn about investing so you don't have to ask what stocks to invest in.

Be self reliant.

Remember what Emerson said: A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines. With consistency a great soul has simply nothing to do.

Find stocks that have steadily rising net profits (earnings), low debt, and good P/Es, lots of cash, companies buying back their stock..

What interests you? Find stocks that pique your interest and passion.

You need fast growing good stocks with good earnings and in good sectors. You need to learn more about the stock market before you even think about investing in it.

The stocks world is divided into 12 sectors such as energy which chevron belongs to. It is next to last in the sectors list today.

Technology is numero uno, but things can change in a new york minute, but within the sector, the fastest growing are computer services, not Microsoft. Then, Electronic Instruments and controls. Next is computer storage devices.

The next hot sector is Healthcare, but heed the warning below. Go here for sectors: (http://clearstation.etrade.com/cgi-bin/ ... redge.html)

The best software is Vector Vest if you can afford it. It has sector investing.

Here is a free Web site for charting stocks: (http://www.incrediblecharts.com/).

First of all, stay away from "professional brokers" and tips coming to you via e-mail or friends and acquaintances. And tips at Yahoo! Answers. And e-mail tips. Do your own due diligence - don't rely on someone else. Read Emerson's essay "Self Reliance.

Hey! They will say anything to get you to buy their junk. If it's too good to be true, it is.

Remember this, they are just sales people trying to sell you what their firm is pushing. They are not security analysts or financial planners, not even financial advisers. Trust me, I know from experience that they cannot be trusted especially with a million dollars. You risk losing it all. A million dollar account is known as a "whale" and they would love to get their greedy little paws on it and suck it dry. They just want to make commissions on what they buy and sell for the suckers, err...clients..

Get this book: The Market Gurus: Stock Investing Strategies You Can Use from Wall Street's Best (Paperback)
by John P. Reese (Author), Todd O. Glassman

Risk avoidance is the name of the game.

Remember, the harder I work, the luckier I get.

Penny stocks are highly speculative. I would avoid the ones under a dollar a share. For example, Best Buy started at less than $5. So there are some good companies, but it takes a lot of digging to find the good ones. You are looking for companies with good earnings, little debt, low capitalization, and good P/Es. For stocks under $5, very few will meet these requirements.

Stay away from the pharms unless they have patented drugs - do not invest in generic pharms, no growth there.

Check out which business sectors are the most popular and invest in the companies in those sectors. The number one, two and three are: technology, health care, and cyclicals (retail). These change periodically so keep current.

Go here for a list of growth stocks: http://www.thestreet.com/_googlen/newsa ... &cm_ite=NA

There are these lists all over the Web - you pays your money and takes your chances.

Watch CNBC, but don't pay too much attention to the talking heads, except for Jim Cramer, the wild man - but he tries to teach you how to invest and has some great advice.

Get Jim Cramer's Real Money: Sane Investing in an Insane World by James J. Cramer

Listen to Jim Cramer on CNBC.com

Go to Clearstation for quotes and tutorials on investing at (http://clearstation.etrade.com/). Sign up is free. Look up a few stocks. Do their tutorials. Check out the sectors.

Get this book: Value Investing: From Graham to Buffett and Beyond (Wiley Finance) by Bruce C. N. Greenwald, Judd Kahn, Paul D. Sonkin, and Michael van Biema.

Another good book: The Motley Fool Investment Guide for Teens: 8 Steps to Having More Money Than Your Parents Ever Dreamed Of (Motley Fool) by David Gardner, Tom Gardner, and Selena Maranjian

Jim Cramer's Mad Money: Watch TV, Get Rich by James J. Cramer and Cliff Mason

I Want to Make Money in the Stock Market: Learn to Begin Investing Without Losing Your Life Savings! by Chris M. Hart\

Sensible Stock Investing: How to Pick, Value, and Manage Stocks by David P. Van Knapp

Stock Investing For Dummies (For Dummies (Business & Personal Finance)) by Paul Mladjenovic

All About Stock Market Strategies : The Easy Way To Get Started by David Brown and Kassandra Bentley

The Motley Fool Investment Guide and their Web site (http://www.fool.com/).

The Little Black Book of Microcap Investing: Beat the Market with NASDAQ/AMEX Microcap Stocks, OTCBB Penny Stocks, and Pink Sheet Stocks by Dan Holtzclaw

How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition by William J. O'Neil

Trading for a Living: Psychology, Trading Tactics, Money Management by Alexander Elder

Big Trends in Trading: Strategies to Master Major Market Moves (A Marketplace Book) by Price Headley

Extraordinary Popular Delusions & the Madness of Crowds (Paperback)
by Charles Mackay (Author), Andrew Tobias (Foreword) This book talks about the Tulip craze in Holland where people would mortgage their homes to buy Tulip bulbs. Same thing happened in 2001 - 2002 with the Internet bubble that brought the stock market to its knees. The dot com companies were the Tulip bulbs.

Buy Investors Business Daily. It has lots of tutorials and I like it better than the stodgy Wall St Journal.

Money Game by Adam Smith

Common Stocks and Uncommon Profits and Other Writings (Wiley Investment Classics) (Hardcover)
by Philip A. Fisher. Recommended by Warren Buffet who took $100,000 and grew it to $34 billion!

Value Investing with the Masters by Kirk Kazanjian

Valuegrowth Investing by Glen Arnold

The 5 Keys to Value Investing by J. Dennis Jean-Jacques

The Intelligent Investor Rev Ed. (Collins Business Essentials) by Benjamin Graham. Warren Buffet was his student at Columbia.

The Money Masters by John Train

The Bogleheads' Guide to Investing by Taylor Larimore

Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor by John C. Bogle

Why Smart People Make Big Money Mistakes And How To Correct Them: Lessons From The New Science Of Behavioral Economics by Gary Belsky

Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week! by Phil Town . See his Web site at (http://www.ruleoneinvestor.com/). Free sign-up. I got the book at the library.

Listen. You don't have to spend a lot of money on these books - most can be found at your library and those that your library doesn't have they can usually get from other libraries in your state.

Most of these books talk about stock and mutual fund investing, but for a good introduction to other forms of investing Gerald Appel has a great book called Opportunity Investing - How to Profit When Stock Advance, Stocks decline, Inflation Run Rampant, Prices fall, Oil Prices Hit the Roof and Every Time In Between.

First, Break All the Rules: What the World's Greatest Managers Do Differently by Marcus Buckingham and Curt Coffman Not a book on investing, but it's a nice segue into the next book.

Now, Discover Your Strengths by Marcus Buckingham and Donald O. Clifton

Go Put Your Strengths to Work: 6 Powerful Steps to Achieve Outstanding Performance by Marcus Buckingham

Finding your strengths is important when investing. These books teach you to build on your strengths, what you a good at. Everyone is good or passionate about something. Why not get better at what you are good at?

Another good book is: Opportunity Investing: How To Profit When Stocks Advance, Stocks Decline, Inflation Runs Rampant, Prices Fall, Oil Prices Hit the Roof, ... and Every Time in Between (Hardcover)
by Gerald Appel

Most mutual funds do not even keep up the the return on the S&P. That's like 99% of them.

Vanguard Index funds are a no brainer.

A CD is better than a savings account. They range from six months to several years. You cannot touch your money tho until the time limit is up.

Check out this Web site on Direct Investment Plans where you can buy shares directly from companies: (http://www.fool.com/School/DRIPs.htm). Usually no fees and you can buy one share at a time.

Bonds are probably the safest. But they are not for the young. You might try a bond fund. They might return 5 or 6 percent. At 5% a million would return $50,000 a year - not a bad income. Remember, you have to pay taxes on the $50,000.

There are also municipal bonds and the income from them is taxfree especially if you buy them in a state that offers them, but they only pay about 3%, but it's mostly taxfree.

Look into Fidelity sector funds. Buy the top three, then in six months look how they are doing and if not so hot, select the next three that are best. Do this for a few years and you will make lots of money.

Kindest Personal Regards,

Walt Brown
Site Build It Certified Webmaster
http://buildit.sitesell.com/waltera1.html
capecod1@capecod-beaches.com
http://www.capecod-beaches.com/
wab@theworld.com

P.S. This is a life-long learning process. Reading these books and applying the rules to analyzing stocks that may be good It takes time. Be patient and keep reading and listening. Don't be a sucker and follow someone elses advice. Be your own man or woman. Depend on no one except yourself. You can only get smarter and stronger that way.

P.P.S. Internet has lots of good stuff, for example (http://stockcharts.com/school/doku.php? ... rage_conve
Stockcharts.com is very good and their discussion of MACD is one of the best, barring its originator, Gerald Apple, but now we are getting into Technical Analysis and that is not for beginners. But it is an important factor in finding good stocks that are going up and growing. Remember, tiny acorns grow into mighty oaks.
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Realistic Stock Trading Market With Fake Money?

New postby Cecile » 28 Oct 2012, 19:22

Looking for a game that gets updated by real stocks like google and Walmart. And you get fake money to invest buy and sell.


Website or software let me know!
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New postby Lawerence » 28 Oct 2012, 19:22

Updown.com is the best site. Simple and fun, add me if u want

"kia4ever".
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