Lux Investing
Is there a site that i can invest fake money that way i can learn and take chances without using real money?
Kinda of like playing partypoker but using the fake money pot..Where is there an investment site like this. That way i can get good practice??
Public Comments
- This is a really good idea. Do it on paper if you can't find a web site.
- You could easily make your own using microsoft excel spreadsheeting and yahoo finance
- If you want to invest fake money and track it against real market data, your best bet is www.clearstation.com. If you setup a profile, you can make fake trades and it will show you how your investments do on a day to day basis.
- Etrade.com used to do that. I don't know if they still do.
- Right here on Yahoo finance......
- If your computer came with a program such as Quicken then just set up accounts and put pretend money into it. The program will download stock prices for you and show profit and loss.
- Use My Yahoo stock portfolio. You can list the stocks you want to purchase and the price. The portfolio is updated all day long and when you reach the buy (or sell) price, input the cost. The site will track the earnings (or losses) automatically.
- HELL YEAH! Go to Fantasystockmarket.com there is also a link to get to it on youngmoney.com. Its free & u start of with $100,000 & u have a month to invest & compete against all other users. they have a ranking system, a quote system the works. So check it out I played all through high school & & dominated. the trick is to Buy Low & Sell Short. exp. $6 stock & sell at 6.5 or $7. u have 100k so buy lots & sell short u wills e results. Good Luck
- You should also check out www.marketocracy.com. You can build a hypothetical mutual fund that competes against other mutual funds. The site allows you to short stocks which not many other sites offer.
- The best ones are the simulator on investopedia.com and virtualstockexchange.com
