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Rajat Paharia originally created Wall Street Survivor as a stock investing game that allowed users to practice their knowledge by investing in stocks using fake money. [3] [2] The current version was launched as an add-on to the site in 2012 and presented at the Finovate conference in San Francisco, California the same year.
Electronic Games awarded Millionaire the 1985 Arkie Awards for "Best Electronic Money Game". [ 2 ] Davis Foulger for PC Magazine reviewed it in December 1982, considering it to be enjoyable by people who actually use the stock market.
The Stock Market Game includes four different versions, three of which are variations on the most basic ruleset, known as "Game I". "Game II" allows players to buy on margin and sell short, buy risky stock at a discount using warrants, and convert preferred assets into a blue chip stock. [3] "Game III" or "Solitaire" is a single-player version ...
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A stock market simulator is computer software that reproduces behavior and features of a stock market, so that a user may practice trading stocks without financial risk. Paper trading , sometimes also called "virtual stock trading", is a simulated trading process in which would-be investors can practice investing without committing money.
A simulation game is "a game that contains a mixture of skill, chance, and strategy to simulate an aspect of reality, such as a stock exchange".Similarly, Finnish author Virpi Ruohomäki states that "a simulation game combines the features of a game (competition, cooperation, rules, participants, roles) with those of a simulation (incorporation of critical features of reality).
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