Finding the Best Stock Trading Simulation Games
When you are looking for learning stock trading, it is best to choose stock market games that trains and entertains at the same time. A trading game is an impactful way to practice your investment skills before actually investing your real money in the market.
These types of games are played on the internet, where people can experience the real time trading environment, without really investing and risking their actual money. In this game there is no fear of losing money, even if you take a wrong decision, as this model is designed to train and enhance your skills.
Previously for getting familiar with the stock trading tricks and tactics, one had to shell out a huge sum in the form of tutorial fees. But with the advent of the mock stock games, you can learn and enjoy the real trading with virtual money. These days academic institutions are using this self-learning tool to teach their students, and corporate are subscribed to these games to train their employees and enhance their marketing strategies.
Choosing the right learning platform
When you are looking for a free stock trading simulator, it’s advised you do an online research first. There are many games on the internet that provides complete guidance and knowledge about Indian stock trading. Some are even more realistic than others. Make sure that you pick the most realistic platform in order to seize the advantages of playing a stock market game.
Some of the best tools that are available online are Moneypot, Khelostocks and Moneycontrol etc. These platforms are more realistic in nature and provides comprehensive guidance on market. Just like the real world, these mock stock dealing platforms closely imitate the performance that a trader would really experience if they were trading with real money.
How the platform actually works?
The following points give you a sketch of how these platforms actually function. Read below to know:
1. Firstly, every player must register for one of the mock stock trading platforms of their choice. The registration on these platforms are generally free.
2. After registration, the player gets ‘virtual amount’ to play the game. The amount varies from website to website and game to game. Players build a stock portfolio by buying and selling shares.
3. This mock platforms work on real-time market information. The working hours of each game are similar to the Bombay Stock Exchange’s hour.
4. The winner of the game is announced at the end of the each game. The prize type depends on the organizer of the game.
The objective of the stock trading simulation game is to enlighten millions of minds that are interested in knowing and learning about the market.
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