Using The Stock Market Game In The Social Studies Classroom
Simulation games are usually played on the internet, where people can experience the thrill of investing in the stock market without any risks, costs or any fear of losing money when and if they make a poor investment decision. If these students are novice investors, the teacher should begin the simulation in a simple manner-buy and sell stock in companies that they know something about. With the market swinging as wildly as it has been, not being able to use these professional market methods will hinder you from seriously learning and practicing necessary market trading techniques. Stock market game program is conceived to allow children learn academic as well as investing concepts which help them become successful later in their lives when they practically enter real life. You need to know exactly what all of the following are and more: stocks, indexes, corporations, stock market, stock exchange, market order, put, call, etc. To understand a stock or overall market’s performance, students need to learn how the economy works.
The Computer Society of N.M. College recently organized an online stock market event – ‘STOCK HUNT’.It saw a phenomenal success with participants gaining a certain level of expertise in dealing with shares and it provided them a platform to enhance their investing abilities thus broadening their horizon and exposing them to the fluctuations in the share market at a practical level.
Patterns like the 50-day moving average crossing the 200-day moving average and then diverging; patterns like increasing levels of volume during a strong stock move; patterns like the slope of the Relative Strength Index (RSI) at the same time other patterns appear.
HowTheMarketWorks is the #1 FREE, real-time, streaming stock market game that is used by over 350,000 individuals and 10,000 high school and middle school classes each year. Your students have entered the world of business and finance by participating in The Stock Market Game program. You will start learning the ups and downs of the real market without risking actual money. Even if the markets, industry, economic cycle, and technology angles all check out, stock buyers still have to check the specific stock situation. I would like to make this game available to other teachers, just as I have the online jeopardy review game and some of my other classroom creations. Nothing gets more unrealistic than being able to make trades on data that is stale when you already know where the stock should be. Players often find these loopholes and exploit them for their own gain.
In these trading games, you can create virtual portfolio, survey the virtual market, purchase, and stop and limit the actual stocks of listed companies in the virtual market place. Choosing a fantasy stock market game shouldn’t be too difficult or time consuming. This got us to thinking about patterns in the stock market, as expressed in charts.