Read about this simulated game here:
www.tankinlian.com/forms/protrader.pdf
You can play the game here:
www.tankinlian.com/trader
Steps:
1. create an account will your user name and password
2. login
3. click on play
4. select the game
5. enjoy (the game comprise of 10 virtual days .. wait until end of the game)
This game teaches you the skill on day trading, based on the economic news. You can practice many times to get a feel of how the news impact on the price movements of various financial products.
This is for FUN. It is not suitable for long term investors.
i had had a friend who was very much into such financial gaming scenarios and playalongs whatnots
ReplyDeletein fact he ranked so high up in his games that he decided, with lots encouragement from peers and etc, to plunk in real money and actually try a hand in real markets.
that was just BEFORE the markets sour in 2008. havent heard from him since.
hmm
I've never played this game before. But, I think it's market timing. Empirical studies by the academia show that market timing is a bad idea 100% of the time. Take care!
ReplyDelete