The Global Virtual (1)
Teachers consistently tell us about the positive influence our programs have on their students. The legal questions that arise using the frequent lewd behavior coupled with the truth that kids younger than 16 are seeing these items will probably not prove to be a stylish combination for potential advertisers. The stock market takes no prisoners Stops are an important part of trading; they help you minimise your losses. Once the initial stocks are selected it becomes time to heavily monitor the performance of each stock to ensure they perform well. The best feature on the Virtual Stock Exchange is that you can add stocks from over 30 countries to your class contest instead of just the US and Canada, including most of Europe, China, Australia, and much more.
A potential concern is that while free online investing is without risk, it may encourage a culture of excessive risk taking and short-termism that may carry through to the real world of investing. In the early phase of development, a company first puts a product or service on the market and its sales are expected to grow rapidly because not everyone has what it sells. Set the contest dates that work best for your class schedule (have your students trade for one week, one month, one year-whatever works best for you!), choose the initial cash balance, and set other contest rules like commission rates. In real life, investors are not forced to swing at every pitch and nobody counts strikes, so we structured the game the same way.
In other words, the U.S. stock and bond markets are still the brightest-colored, tastiest-looking pieces of used chewing gum on the world economy’s sidewalk. The Arizona Council on Economic Education is the official host of the Stock Market Game in Arizona. The Stock Market Game was created and is provided by the Foundation for Investor Education, an affiliate of the Securities Industry Association. The primary purpose of the game is to see who has the most money at the end of a specific period.
However, despite buying several stocks that were profiting well, and doing a lot of research, we did not reach our goal, simply because the stock market is very unpredictable, even if the stocks you are investing in are relatively consistent. The main reason is that, with active trading, there is no emphasis at all on the financial situation of the company behind the stock price.
At best, playing the ChartZero game will train your brain to zero in on patterns and be able to predict whether a given chart represents a stock poised to go higher or lower. Just a click of the mouse can make the stock move into your account and vice versa.Tags: global, virtual