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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.
Johnny L. Wilson reviewed the game for Computer Gaming World, and stated that "Millionaire is a stimulating experience for anyone who enjoys the strategic decisions inherent in high finance." [1] Electronic Games awarded Millionaire the 1985 Arkie Awards for "Best Electronic Money Game". [2]
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.
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The game first went on sale in 1904 by the American games company Parker Brothers. [1] The inspirations were the Chicago Board of Trade (known as the Pit) and the US Corn Exchange. The game itself was likely based on the very successful game Gavitt's Stock Exchange, invented in 1903 by Harry E. Gavitt of Topeka, Kansas.
Risk: One risk for dividend stocks is if the company runs into tough times and declares a loss, forcing it to trim or eliminate its dividend entirely, which will hurt the stock price. 8. Preferred ...
Jasper Sylvester reviewed the game for Computer Gaming World, and stated that "Inside Trader is fun, fast, and fascinating, but it is not "The Authentic Stock Trading Game" it is billed as. Nevertheless, it is interesting enough for prospective stock market manipulators of simulated securities environments to pay attention to." [1]