Do you know a site that teaches how to trade mini-stocks?

Question

Trying to get into the stock market trading thing and I want to start very small in a mini stock market.
So if you know a site that teaches me while I trade mini stocks,
I would appreciate it.
Thanks in advance :)

Answer 1

You mean Penny Stocks? Not a good idea. Instead save up about $350.00 and start with a regular stock or mutual fund. such as Pepsi, or 20th century mutual funds. On your stock, fill out the paper to have dividends re-invested. As stock splits and dividends are added in, you will have a lot. Penny stocks can be pumped and dumped, leaving you with nothing. Also Try reading Real Money Sane Investing in an Insane World By Jim Kramer.

Answer 2

Take a look at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.