Tuesday, June 10, 2014

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Review of interactive brokers options::interactive brokers options








We               have               all               seen               the               movies               where               about               1000               guys               in               suits               are               screaming               "SELL,               SELL,               SELL"               this               is               how               we               picture               the               stock               exchange.

Well               before               you               go               to               Wall               Street               and               start               screaming               and               selling               your               stocks,               there               is               an               interactive               web               based               stock               market               game               you               can               play               to               gain               experience               on               stock               trading.

The               game               is               called               Virtual               Stock               Exchange               and               you               can               find               it               on               the               web               at               (http://vse.marketwatch.com).

To               play               Virtual               Stock               Exchange               you               must               first               register               on               the               site,               which               is               quick               and               easy.

Once               registered               you               can               choose               many               options               of               game               play,               you               can               just               simply               join               a               game               that               is               already               in               progress               or               you               can               create               your               own               or               wait               to               be               invited               to               a               specific               game.

With               all               the               options               it               gives               the               game               some               flare,               you               can               join               with               your               friends               and               play               a               private               game               and               see               who               has               the               best               trading               skills.

You               also               can               join               a               generic               game               and               see               if               you               can               beat               all               the               other               online               players,               some               of               them               are               pretty               crafty               and               do               quite               well.
               When               you               start               a               game               depending               on               which               option               you               choose               you               are               given               some               start               up               capitol               by               Virtual               Stock               Exchange.

You               then               need               to               start               buying               stocks,               it's               a               pretty               straight               forward               process,               you               type               in               the               stock               symbol               (or               the               name               of               the               company               you               want)               and               then               click               on               GO.

It               then               brings               you               to               the               buying               process               which               has               many               options               that               I               don't               really               know               much               about,               Google               better               watch               out               because               I               will               find               out               soon               enough               what               the               difference               in               the               pricing               types               are               (Market,               Limit,               and               Stop).

Once               you               purchase               your               stock               then               you               just               have               to               wait               and               see               if               your               stock               goes               up               or               down.

Buy               low               and               sell               high               is               how               I               have               been               working               my               game               but               I               am               in               fifth               place               out               of               ten               friends               so               I               don't               know               if               my               strategy               is               working               so               well.
               Other               than               buying               and               selling               stocks               on               the               game               there               is               a               portfolio               interface               that               allows               you               to               see               all               the               stocks               you               own,               what               you               bought               them               for,               what               their               current               value               is,               how               much               you               have               of               the               stock,               how               much               gain               or               loss               you               have               made               on               the               stock,               and               the               equity               you               are               invested               in               each               stock.

This               game               is               very               addicting               I               want               to               beat               my               friends               and               it               gives               me               the               idea               maybe               one               day               I               can               take               on               Wall               Street,               well               maybe               not               since               I               don't               have               (10,000,000)               in               start               up               capitol               the               game               gives               you.
               The               Virtual               Stock               Exchange               also               gives               you               a               research               option               where               you               can               learn               more               information               about               how               to               trade.

It               gives               you               a               load               of               information               about               different               types               of               trading,               what               the               best               trade               methods               are,               what               all               the               extra               things               are               that               go               with               trading               like               the               commission.

It               is               just               a               fun               place               to               learn               about               trading               stocks.
               Overall               the               web               interface               is               good               and               easy               to               use,               trading               does               take               some               time,               and               trades               don't               post               for               about               15               minutes.

Not               sure               if               that               is               how               the               real               stock               market               works               or               not,               but               that               seems               like               a               long               time               to               wait,               the               stocks               continue               to               fluctuate               as               you               wait               for               the               trade               to               be               made.

I               have               a               lot               of               fun               playing               this               game               with               my               friends               and               family,               it's               a               good               way               to               kill               some               time               or               just               to               take               a               break               every               now               and               then               to               see               how               you               are               making               out               in               the               game.

It's               very               realistic               and               hard,               I               have               been               playing               for               a               month               now               and               have               seen               minimal               gains               normally               staying               just               above               even.

I               am               not               sure               how               the               pros               do               it               but               even               with               my               10               million               dollars               I               have               just               made               a               few               thousand               dollars.
               I               think               this               would               be               a               great               game               for               college               students               studying               to               be               stock               brokers.

It               is               tied               into               the               actual               market               and               shows               potential               real               life               gains               and               losses,               it               would               be               a               good               way               to               get               them               some               experience               at               no               cost.

I               am               sure               there               are               some               falsities               about               the               game               but               if               you               just               want               to               have               some               fun               and               try               your               luck               at               the               stock               market               this               is               the               way               to               do               it               without               risking               your               life               savings.
               I               used               to               play               an               old               text               based               game               called               Inside               Trader               on               the               old               Apple               II               computer               and               I               loved               it               so               I               started               to               find               more               realistic               updated               version               of               the               game               and               The               Virtual               Stock               Exchange               seems               to               be               the               best.

It               is               very               fun               and               gives               you               plenty               of               good               information               to               try               out               and               see               if               you               have               the               potential               to               make               some               money               on               the               market.
               Go               ahead               give               The               Virtual               Stock               Market               a               chance,               who               knows               maybe               you               will               learn               enough               to               go               for               the               real               thing.

When               you               are               a               millionaire               remember               who               got               you               into               the               Virtual               Stock               Exchange!






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