Today I will talk about one the best simulators to practice different stock market strategies. The site is called Investopedia and is very good so let’s go acquiring practice in what has investments in the stock market is concerned. You can find all kinds of information on this web page which gives us the opportunity to invest stock market as if you were on Wall Street. One of the things that I like most is that it has tutorials for all issues it financial divided by levels of knowledge, in addition to having financial dictionaries and books for download for free. There is a section called Exam Prep that is dedicated to providing information so that we can prepare international financial examinations.
Once they have finished studying the information they will be able to give the exam and thus see as I was and continue gathering information. Simulator section that has the web page to practice is called Simulator. They only have to create an account with user name and password to start operating. Once you have registered will be able to choose from hundreds of games and start practicing. Investopedia obliges them to enroll in two games, but then you can enroll in any other. They have all kinds of games, whether to invest only in shares, penny stocks, funds, ETFs, etc. There are some in which you can buy all kinds of investments, but there are others that are for one type of investment. One of the rules in almost every game is that don’t allow you to risk more than 10% of your portfolio total.
I think that last if you get to break does not matter, the fact is to learn. Within the game have all kinds of options. Obviously having a screener to search for businesses who want to and then be able to invest. There is a sector where can also follow other investors because their strategies like them or because they are identified with them. There is a ranking to be able to see how they are positioned every day. The truth is very good to be wrong many times before launching fully into investing in the real world. I remind you that you can practice all kinds of trading except comoditties. But first I would recommend you read some books for later if practiced in the Simulator. Books that I would recommend to read are: technical analysis from A to Z, Come Into my Trading Room in Alexander Elder and John Murphy after the book Technical Analysis for Financial Markets.