Start Learning Stock Trade and Forex

Capitalism II Box

I’ve always been interested about the world of stock trading that we’ve always seen on TV where brokers screams, yells, and do whatever it takes to buy or sell — or maybe something else — stock of some companies. From the first glimpse I wasn’t too impressed. But when I was in high school I played this game called Capitalism II, which is a tycoon-type of a game that lets us build a company of our own, creating products of our own, selling them, how to get the raw materials to produce them and one more thing, stock.

Because I love playing tycoon-like games I also found out that stocks also plays a major role in a company, even in a railroad company like the ones we could play at Railroad Tycoon series. So my interest grew about this stock thing. But until recently I’ve only discovered how to play them using the real stock of a real company with a real price in a real time but with a VIRTUAL money.. Where did I find them? Facebook.. 🙂 well until recently I’ve just discovered an interesting Facebook application in which can teach us how to play stock realistically without having a single dime loss. The app itself is called Fantasy Investing, powered by UpDown.com

UpDown.com

It seems that UpDown.com developers had paid an interest in developing Facebook app and letting people like me — who is a facebook addict.. :p — get to learn about stock exchange. Before using the app you need to create an UpDown.com account though, you can follow the link here. Then use your login detail to access Fantasy Investing in Facebook.

The app itself is pretty easy to use, and you can also do trading through your Facebook, or go straight to your UpDown.com account page. Transaction in both pages will mirror one-another so you don’t have to worry, but there will sure be some delays between the two.

My tips before planning on buy or sell stock is to open up Google Finance page to help you understand and browse companies offered stock in NYSE or NASDAQ. Because the game uses a real value of a stock then this Google Finance tool will surely come in handy.

Other than stocks, foreign exchange or abbrevated as forex is also a very popular method of trading. Too bad this time there’s no Facebook app about forex — or as far as I know –, thankfully my friend knew about a website called Marketiva, at first I didn’t know whether this site offers a free virtual forex trading but he said it’s alright. So I gave it a try.

Marketiva

After signed up, and downloaded the application — yes folks, you need to download their application — I start my first trading. Well I actually don’t know what to do yet.. hahaha.. but anyway it’s great, because they’re offering some virtual cash to be traded for us who’ve always wanted to learn this kind of stuff and leaving our real cash safely at the bank. Untouched.

But you could also do some real trading with Marketiva, go to Marketiva website for more info. And by the way, when you subcribe you’ll be given about 5 US$ of real money to gain real money within a real trading. Godspeed.

Screenshot of the application