Stock market game
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The Stock Market Game is a speculative game that allows players to trade stocks in a virtual or simulated stock market.
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[edit] Introduction
Stock Market Games exist in several forms but the basic underlying concept is that these games allow players to gain experience or just entertainment by trading stocks in a virtual world where there is no real risk. Some stock market games do not involve real money in any way. Players compete with each other to see who can predict the direction the stock markets will go next. Many stock market games are based on real life stocks from the Nasdaq, NYSE or other major market indexes.
[edit] Education
Stock market games are often used for educational purposes to teach potential stock traders and future stock brokers how to trade stocks. A stock market game is a perfect way to learn how to trade stocks without the risk of losing real money. According to Global Stock Game, over 15,000 schools have used their stock simulation game to teach students[1].
[edit] Virtual stock markets
Some Stock market games are not based on financial markets at all. These virtual stock markets are often based on things like sports or entertainment 'stocks'. Players are asked to invest in a particular sports team for example.If the team is doing well, the stock goes up and if the team is playing badly the stock value for that team falls. Stock market games are often built in to many other prediction games.
[edit] References
[edit] External Links
- Stock Market games on the web A list of the free stock market games on the net
- Teaching About Stocks for Fun and Propaganda critical article about using these games in High School classrooms. From Dollars & Sense magazine