I am 15 years old and I want to find a site that allows me to track stocks for free so I can pretend that I am in the stock market so I can get a feel of it. Any suggestions would be gratly appreciated
2006-08-28 10:41:37 · 6 answers · asked by fashionguru 1 in Business & Finance ➔ Investing
You can track stocks on almost any financial site nowadays.
If you just want to track a "portfolio", you can use Yahoo!Finance at finance.yahoo.com or Excite.com or MSN.com. Just about any home page worth a shout has a section where you can track a list (or several lists) of stocks and even put in make pretend shares if you wanted.
Now if you wanted a Virtual account. An account with a real broker where you actually do trades (virtual ones), you could go to a OptionsXpress, eTrade, Ameritrade, or ScottTrade to do that. Some of them though might charge you a fee for inactivity if you don't have any "real" money in the account.
Though I know OptionsXpress does not! So there, you can have a free account with no money, and still practice most of your trading.
Though if you are just starting, start with one of the first sites. Set it up on your home page. Then as you start to want to pick stocks to "invest" in, go to a brokerage site. Then you can do actual practice transactions.
Hope that helps!
P.S. That's excellent of you to start young. Here's a math problem for you. If you start with $1200 and earn just 8% return on it for 30 years, how much will that $1200 be worth in 30 years? Now just imagine if you contributed $1200/yr or $100/mo. What would that be worth? Yes, retirement!
2006-08-28 11:05:47 · answer #1 · answered by Yada Yada Yada 7 · 1⤊ 0⤋
Hi, i know what your question means. i also think stock market is a nice place for investing.
I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.
http://www.bernanke.cn/stock-trade/
Best Wishes && Good Luck!
2006-08-28 13:18:08 · answer #2 · answered by stock_trade_expert 3 · 0⤊ 0⤋
1. Yahoo / stocks is good
2. Marketwatch.com
3. go onto the stocks/message boards on Yahoo and many there can recommend other sites. Some of those guys are real gurus. Make sure to ask if they are SUCCESSFUL traders.
2006-08-28 11:19:26 · answer #3 · answered by p_boxter03 4 · 0⤊ 1⤋
http://www.investopia.com
they give you a practice account
Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.
http://www.pathtoinvesting.org/index_fla...
http://www.stockcharts.com
http://www.streettalklive.com>... university. a lot amount of information. It will serve you well
I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:
fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy
technical analysis==(chart+indicator)>> when to buy
Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live
At the age of 32. my 401k is amassed 73,000.00 and 30000.00 in taxble account. by follow simple rule
2006-08-28 18:18:01 · answer #4 · answered by Hoa N 6 · 0⤊ 0⤋
Call Scotts E trade, and then ask for a small email e button
2006-08-28 10:45:33 · answer #5 · answered by bret f 3 · 0⤊ 0⤋
read tips on investing and stocks on this site
2006-08-28 11:56:05 · answer #6 · answered by Anonymous · 0⤊ 0⤋