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Wall Street Survivor - Anybody else tried it?
Posted on 5/26/15 at 1:10 pm
Posted on 5/26/15 at 1:10 pm
So I'm thinking of trying my hand at the stock market and start making investments (I'm 27 and have been building my rainy day fund, paying off CC, etc) and thought before putting my real money in the market, I'd play with a simulator to get a feel for different strategies (diversifying the portfolio, which industries seem to do better, etc etc). I figured I'd give it a test run of 3-6 months before going in with my money.
Anyone else tried it for fun or to practice? what do you think? What have you learned from using it?
Anyone else tried it for fun or to practice? what do you think? What have you learned from using it?
6
Posted on 5/26/15 at 1:14 pm to JonaYolles
I'm guessing you want to day trade?
Posted on 5/26/15 at 1:25 pm to JonaYolles
You aren't going to figure out this:
In this:
What do you want to do? Invest or day trade?
quote:
(diversifying the portfolio, which industries seem to do better, etc etc)
In this:
quote:
a test run of 3-6 months
What do you want to do? Invest or day trade?
Posted on 5/26/15 at 1:31 pm to JonaYolles
Is your car paid off yet?
Why not tackle that first before risking (some people may say throwing it away) money day trading?
Why not tackle that first before risking (some people may say throwing it away) money day trading?
Posted on 5/26/15 at 5:49 pm to JonaYolles
I recently tried out WSS. I did a couple of the free courses and really enjoyed them. I'm considering whether to buy the other courses as well.
Posted on 5/26/15 at 8:38 pm to JonaYolles
My suggestion is to watch CNBC regularly and google every term you are not familiar with. This should give you a base knowledge of the market without actually buying books. Also, I would advise going to youtube and looking at daytrading for beginners. You will need all the help you can get.
Posted on 5/27/15 at 7:02 am to JonaYolles
If you want to come away with 50k day trading make sure you start with 100k
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