Fantasy Stock Trading

"Fantasy Stock Trading" by Alan Posner

What is Fantasy Stock Trading?

 Fantasy stock trading is a terrific tool to learn trading without placing real finances at risk. Users can visit online fantasy stock trading sites, create accounts, and experiment with trading without risking real money.

The first thing a new trader needs to do is sign up for membership and login. This shall be their profile and will facilitate keeping track of their account as well as access to online forums. One of the benefits of fantasy stock trading is being able to enroll in online forums and share with other participants about investing ideas. The websites that have these functions vary in type but the two best fantasy stock trading online businesses I have experienced are UMOO and Wall Street Survivor.

Trading Education

If you have no significant experience trading, fantasy stock trading is a super tool for learning. Whether experimenting with UMOO or Wall Street Survivor you can select a portfolio and manage it online from any internet connection. Each lets you try out different kinds of instruments and different types of orders. The portfolio will move in value depending on the tickers you have selected and the results in the market. Both UMOO and Wall Street Survivor use real market pricing to tabulate your portfolio value.

Try Trading Something New to You

The majority of traders have collected their knowledge by trading stocks. In time they notice many traders are not interested in stocks but other tradable symbols such as commodities or Forex. Many trade bonds and others manage ETFs including leveraged ETFs and inverse ETFs. Options are available on stocks, currencies, and commodities too. Traders experienced in a single symbol may want to try trading an alternative instrument but with fantasy cash initially. They know that each market is unique and has its own special characteristics. Fantasy stock trading means enjoying the opportunity to try a variety of markets without jeopardizing actual money.

Portfolio for Blog or Friends

Maybe you are a frequent trader and often wished to make your trades visible to friends or publish for a blog, fantasy stock trading is excellent for that too. On Wall Street Survivor you can make your portfolio public and track other portfolios too. In contests on UMOO participants can view other traders in the contests and examine how their portfolio is doing.

Win Prizes

Each fantasy stock trading website has competitions where traders can win gift cards and other rewards. Even though investing is a business and should be managed like one, a game using market data can be fun. UMOO specializes in games such as UpDown and Pix where the game has a small time period and a fixed result. These matches are not just fun but an opportunity to put to work your trading knowledge for entertainment.

Sea Lion Capital Management LLC is founded on the principle that everyone needs investment advice. Historically this type of service was only available to the extremely wealthy. Most investment advisors require assets of at least $500,000 or more to become a client. Sea Lion Capital Management LLC can serve clients with as little as $5000. A simplified but proactively managed approach to grow wealth is our goal as well as transparency.