If you’re interested in getting into the stock market game, you probably know that there is a lot to learn. Understanding how the stock market works is not something you can do from reading Wikipedia one afternoon. And even if you spend a lot of time learning the theory and strategies, that’s really not the same as investing your life savings in stocks that can plummet unexpectedly.
So how can you best prepare yourself for investing in the stock market? First, you should do as much research as you possibly can. Once you feel comfortable with how everything works, you should try out a free stock market game to help you practice investing in real stocks. That way, you can protect your savings until you’re ready to invest your own money.
Wall Street Survivor is a great website with courses, investing ideas, starter guides, and tips and tricks – all about investing in the stock market. But their best feature is possibly their free stock game, which lets you practice investing in the stock market as if you were investing real money.
The stock game offers you $100,000 in virtual currency to invest in the market however you choose. It also lets you compete with other users, offering cash prizes in public competition leagues for winners. You can even set up your own competitions with your friends to see who establishes the best strategies and comes out with the most money!
You can also use Wall Street Survivor to connect with thousands of other traders and users all over the world. This is a great way to discuss strategies, experiences, and tips for success on the stock market.
Will this game – or Wall Street Survivor in general – cost me any money?
Wall Street Survivor offers its mock stock game for free to its users, and you can even make money using it if you compete in a league! On the rest of the website, they offer paid courses to teach you about the stock market. However, they allow you to take the first module of each course for free.
The premium membership costs $19.95/month, and in addition to access to the stock game, the first chapter of every course, and access to video (which you can get with the free membership), you gain access to quizzes, you can earn and share badges, and get interactive stock experience. They also offer this premium membership as a 30-day free trial when you sign up. And, using the Wall Street Survivor stock game does allow you to save your money by practicing first. If you want advice on how to take your trading skills further, you may find that the ‘investment’ is worth it!
Benefits of using this free online stock market game
- You’ll gain a better understanding of the stock market, and how stocks work.
- You’ll start to learn and understand the complex terminology related to stocks.
- You can learn which stocks are doing well in the business world right now.
- You’ll get real, hands-on practice as if you were playing the actual stock market.
- You won’t put your real money at risk.
- You can get helpful tips from the Wall Street Survivor blog.
- You can develop and test strategies for investing – before you decide to do it for real.
We hope we’ve convinced you to give this stock game a try. Be sure to check it out if you’re thinking about investing in the stock market, especially if you need an introduction to how it all works. Or, if you just want to have a little fun and see how much money you could be making if you were investing, that’s perfectly fine, too.