Why You Should Use A Stock Market Simulation Game (2)
For more than 40 years, the North Carolina Council on Economic Education (NCCEE) has sponsored a number of academic competitions focusing on economics, personal finance and entrepreneurship for North Carolina students in primary and secondary schools designed to support and enhance the economic education experience. Green, in the meantime, said the Government is committed to strengthening the Junior Stock Exchange with the recent tabling of a Bill in Parliament to restore concession to companies. By this I mean that you should be able to place intraday trades and be able to short the market when necessary. Students who play the game become excited about reading the newspaper to check their stock portfolio and search for clues that might lead to a new investment. In the Fall of 1996, the Securities Industry Foundation for Economic Education (SIFEE), instituted a second version of the Stock Market Game. After downloading the game, one can set up a quick portfolio, start tracking live stock market prices and proceed to sell and buy accordingly. The Stock Market Game has added a new level of learning to my high school classes.
The game entailed student teams spending about eight months managing a portfolio of investments with the goal of having the highest return at the contest’s end. First of all, there are numerous free stock market games today that claim to help you improve your stock investing ability.
Students who participate in The Stock Market Game program learn more than investing – they gain an education for life. It pulls real stock prices (delayed 15 minutes) from Google Finance, and allows students to buy and sell stocks at the real prices. There are two popular stock market games for high school students across America.
For elementary students, teachers use the Stock Market Game to reinforce math skills such as converting fractions to decimals, and visa versa. If these students are Stock Market Game veterans, they should be able to increase the sophistication level of the research they employed in earlier games to make stock selections that are justifiable using higher order thinking. It is always best to subscribe only those funds, which have shown consistent track record instead of opting for new funds in the market. Department Chairman at High Point High School in Prince Georges County, Maryland, and coordinator of the Maryland Regional Stock Market Game. He cited the success of companies such as Knutsford Express, Kingston Live Entertainment Group and Lasco, which have received benefits under the junior market.
Now, markets also move in cycles and learning the market cycle can help you hyper charge your trading gains if you know which bias to use when going long or short. Write an overall analysis that discusses your stock investments as well as a general trend you might have noticed in the stock market as a whole. After you have the basics down, using a game that simulates the real market lets you learn from what you are doing, mistakes and successes, without losing any money. These stock market simulators are very easy to use and the best part is that they are free.