Thursday, November 18, 2010

Virtual Stock trading:

As I mentioned in a previous post, I have been exploring the option of using the virtual stock market world (@ Indian Fantasy Stocks and Share Market) to gain a better understanding of the real world market. It is like an online game where you are given virtual money but trade during real time stock market hours and at real time rates. Here are some of the highlights of the virtual share market:
  • We are given Rs. 1,000,000 cash in hand (much difficult in real life to have that amount to spend!).
  • The actual scrips with their real time values on BSE are listed
  • Its possible to buy/sell/trade scrips like in real time. A brokerage value of 0.5% is charged for all transactions.
  • There is an option to view your portfolio and transactions.
  • There is a segment covering actual market news.
  • A detailed stock price list and the popular stocks being traded.
  • A list of leading investors with an option to view their portfolio.
  • And best of all prizes to be won!!
Priyanka S Vaidya

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