Games about how to trade options

DanPickUp

Well-Known Member
#1
Hy

Investing isn’t a game, but there’s no better way to learn how to use online investing tools. Don’t go into these games with the intention of winning.

I will provide here a few links to free online games, which are useful to learn how to trade options and shares. I can remember, that I was reading here in this forum in a thread, that somebody asked about such games. Always had it in my mind and this is what I found.

The best way to approach these sites is with the goal of learning more about the tools and your research abilities.

1.Fantasy stock market: http://www.futuresforextrading.com/fantasystockmarket/
Since 1998, Fantasy Stock Market has provided a fun, interactive and competitive way to learn about investing and the stock markets to over 1/2 Million individuals and 10,000 Leagues. You can play individually or in a classroom ‘league,’ where groups ranging from 2 to 100+ can compete directly against each other with their own $100,000 Fantasy League account.

2. Hollywood Stock Exchange: http://www.hsx.com/
A rather strange game, but trading nonetheless. Join for free, earn two million "Hollywood Dollars," and then buy shares of your favorite actors and their new movies. Watch their values rise or fall based on their success. Prices soar with a blockbuster opening at the box office and plummet with a bomb no one went to see. You can trade in your H$ for merchandise.

3. Marketocracy: http://www.marketocracy.com/index.html
Manage a virtual portfolio with $1M, with the chance to become a paid member of the "m100." Free membership with the chance to upgrade to a premium membership that includes enhanced portfolio tracking tools.

4. Smart Stocks: http://www.smartstocks.com/
Smartstocks.com was founded in 1998 with the goal of providing a realistic stock market simulation game to teach people about the stock market without the risk of losing money. Smartstocks.com started with a few hundred users and has continued to grow to over 200,000 teachers, students, and individual investors around the world.

5. StocksQuest: http://investsmart.coe.uga.edu/C001759/stocksquest/mystocks.htm
Fill out the online registration form for free and log in to your account starting with $100,000 in your fantasy portfolio. You can play this stock game as an individual or in a group.

6. The Great Game: http://www.thegreatgame.com/
The Great Game™ is an on-line educational fantasy stock trading game where you can experience investing in shares on the UK stock market without any risk or costs or any fear of losing your shirt if you do get it wrong…

7. Virtual Stock Exchange: http://vse.marketwatch.com/Game/Homepage.aspx
Virtual Stock Exchange is a free online trading game from MarketWatch. Create public or private games with a cash balance you set, choose from thousands of games, and leverage powerful news and research resources from MarketWatch class.

I wish, that you have fun and at the same time you also learn about option trading, and that is the reason why I place these thread here in this section of the forum.

Take care

DanPickUp
 
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AW10

Well-Known Member
#4
Does it really matters ? TA and chart reading skills are globally true. It is better not to know the company so that we are not biased.

Thank lnangia for the addictive site. On my first trade I made profit so stopped playing before I loose my profit.

Happy Trading
 
#5
Dear Dan,

I was reading your posts regularly.

After Uasish (Asishda) & Saint ur comments are lucid & witty.

More interestingly it looks you er a genuine trader.

Recently this forum is having very few gems. Unanimously u er among them.

This forum requires genuine guys like u/linkon/AW10.... keep it up.

regards
dev mookerji
 

DanPickUp

Well-Known Member
#6
Hi rkkarnani

Your questions points in the wrong direction !

If you trade certain strategies like credit spread, strangles or ratio spreads, it does not matter if you do that in India market or any where else in the world.

You have to understand what you do and you can learn that in those games.

You even have more extended possibility's in this games, than in the Indian market and so you will learn more in that way than it would be only for the isolated Indian market.

Do not block other peoples mind and hold them back from trying that stuff by pointing in the wrong way.

DanPickUp
 

rkkarnani

Well-Known Member
#8
Hi rkkarnani

Your questions points in the wrong direction !

If you trade certain strategies like credit spread, strangles or ratio spreads, it does not matter if you do that in India market or any where else in the world.

You have to understand what you do and you can learn that in those games.

You even have more extended possibility's in this games, than in the Indian market and so you will learn more in that way than it would be only for the isolated Indian market.

Do not block other peoples mind and hold them back from trying that stuff by pointing in the wrong way.

DanPickUp
Well agree totally, I actually wrote without visiting any game site!!! Just had this notion in mind that the games are based on "actual" market prices!!! Thinking about poor liquidity in Indian Stock Options posted my query!!!
Thanks for nudging me in the right direction.
 

gunsho

Well-Known Member
#10
Well agree totally, I actually wrote without visiting any game site!!! Just had this notion in mind that the games are based on "actual" market prices!!! Thinking about poor liquidity in Indian Stock Options posted my query!!!
Thanks for nudging me in the right direction.
Just thought of mentioning about a game wrt Indian market. Moneybhai (from moneycontrol.com) is a game, which can be played on Indian market price on the actual market prices. The drawback is we can buy/sell/short sell/cover all stocks. No derivatives though :(
 

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