Playing the Stock Market Game

I am currently involved in the high stakes game of buying and selling of stocks.  With a wad of cash in my hand, $5000, I will see how much I will win or lose.

For those wanting to learn how to buy stocks, bonds, mutual funds, and/or index funds, http://www.morningstar.com/cover/Classroom.html and http://www.investopedia.com/university/ provides free online courses that will teach one the basics of investing.  Investopedia also has a Virtual Stock Exchange.

For those wanting to test their investing skills in the real stock market without risking a penny, http://vse.marketwatch.com/Game/Homepage.aspx and http://www.investopedia.com has a Virtual Stock Exchange game that will allow anyone to see if he/she really has what it takes.

As for me, I am currently losing money.  Fortunately, I am not betting real cash.  Although, I am still learning the stock market game.  Once I get the hang of it, I may invest real cash in risky stocks.  On the other hand, I may just play it safe and purchase index funds and/or blue chip stocks.

A list of best online brokers can be found at http://www.smartmoney.com/investing/stocks/smartmoney-2009-broker-survey/?page=8 and http://online-stock-trading-review.toptenreviews.com/

I prefer TradeKing myself.  I have not done any real money trading yet, but based on the fact that I will be a small fry trader, TradeKing will have to do.

The differences between the TSX, NYSE, NASDAQ and other stock markets, and the reason for having them can be found at

http://ezinearticles.com/?The-Different-Types-of-Stock-Markets&id=348621 and http://en.wikipedia.org/wiki/Stock_market

As of late 2010, I have entered the markets.

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