Can I practice trading with virtual money? (real market - NYSE with virtual money)?

Question

Can I practice trading with virtual money? (real market - NYSE with virtual money)
I'm thinking to start trading, but as a new I would prefer to practice with no money.
Thank you

Answer 1

www.top10traders.com and www.marketocracy.com both facilitate creation of virtual portfolios. Try that. Other than that search 'stock market game' on google. sometimes new ones pop up. Beyond that, you can use a spreadsheet.

Answer 2

1

Answer 3

Virtual Money Trading

Answer 4

Well
Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share. They are notoriously risky but if you follow a special method I've learned you can earn good money at almost no risk. This is the site I use: http://pennystocks.toptips.org

I definitely recommend subscribing to this site in particular. Very good research, quality stocks. I was a bit weary of penny stocks from all the bad hype they receive but this guy is pretty legit. He's put my mind at ease with a lot of the fears I've had. I especially like that he doesn't send out announcements left and right. I've signed up for other websites that fill my in-box with one company after the other. I don't know where to even start with so many choices in front of me! Nathan sends me one idea a week and that's all I need. Working so many hours during the week leaves me with very little time when I get home to start doing tons of penny stock research. I'm always eager to see what Nathan's next suggestion is each Friday and I love having time on the weekend to do my research.

As said above if you want to make money with penny stocks you have to follow some proven methods. This one in my opinion is the best: http://pennystocks.toptips.org
Best

Answer 5

Some questions to ask yourself before trying real money- 1- Did you use correct money mangement principles on these demo trades? 2- Did you use a trading system or strategy to enter where the odds are in your favour, or did you just guess? 3- Have you been demo trading for six months at least? I can guarantee that the real thing will be very different to demo trading, there is no emothion with a demo account but with real money, you will feel very real fear, and this will cause you to make mistakes. If you try real money try a very small amout and find an account that lets you use micro lots or lower. You will probably blow your first account, most people do, i blew three!

Answer 6

Yes, and it is great fun Piotr. I did this when I was younger sometimes. OR, even while in the market, I have done this, when I didn't have enough to throw in everything I thought was a good investment at the time. But now do as I think you intend (as by reading your psot) Really believe that you have money in these things-REAL research-keep amounts in/out written down. See how you do! And, have fun!

Hit the NASDAQ too! And keep in mind, that without an account somewhere, research is not as easy. Pick up the phone and practice your "prying" skills with investor relations at Corporations, etc., know what questions to ask, to see if they are being honest about this or that before you "pull the trigger".

Answer 7

Absolutely. I have been playing a virtual stock market game for quite a while now that trades both the NYSE and NASDAQ.

The site is: http://vse.marketwatch.com/game/

Answer 8

This penny stock service has years of proven experience. Ultimately it is the best service for beginners to use https://tr.im/wswo5
You will have to wait between 3 and 10 days to get into the system in most cases. When I signed up it took 8 days. I wished it was faster, but if you can wait a week or two to start earn life changing money than you will have what it takes to make it in this business.

Answer 9

2

Answer 10

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.