To gain experience about the stock market without investing real money, many websites are providing virtual stock market trading facility. You have to register with any of these websites. Many websites offer free the registrations for new users. After registering you can have the access to the virtual stock market. Initially you will get some basic money to start virtual trading. The virtual trading is just the replica of the real stock market. You need to choose which stock exchange of which country you want to trade in. Another option is that you can trade either in public mode or private mode. In public mode the top fivepersons with highest incomesare offered prize by some websites.
As playing in the virtual stock market is free of cost, you can use all your strategies and ideas in trading. You can invest in any company or mutual funds and fulfill all the curiosity you have about share market. By doing all this you will learn and gain experience. So this is you training before investing in the real share market. It will be of no use if you don’t use the knowledge gained during this virtual trading. These websites also allow you to open multiple accounts with them. With these accounts you can use more than one strategies in one company or mutual fund. Then compare side by side which strategy works best for you.
Some websites also link the virtual trading to the current stock exchanges for better understanding of the real market. Just because you are playing with fake money does not mean you would not put your best effort in it. You should play to best of your ideas and compare the ideas of other players online. So beginners should play enough virtual stock market trading before jumping for the real money. The virtual is a blessing for all those who want to gain experience about the stock market without risking their hard earned money.
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