Trading real money

The main benefit of playing trading games is clear – if you’re good enough you’ll have a reasonable chance of building up some nice cash profits.

Today forex bonuses

Real Money Share Trading Games, trading real money.

They can be played without risking large amounts of your own cash in the first place and if you buy and sell cleverly you can compound the growth in share values (plus any dividends earned) and end up with a valuable portfolio. Positioning themselves as a ‘fully regulated esports trading platform’ blinkpool are currently in beta test phase, although are accepting user registrations so you can be ready to trade when it goes live.

How and where to play trading games to win cash – trade in standard business shares or a range of global sports

Want to build up a nest egg for the future? Or just fancy your chances at playing the stock market but don’t want to go down the traditional share-buying route?

Well there are alternative solutions, and one that’s becoming increasingly popular is in the new types of share trading platforms.

These are similar to normal share buying, but the twist is they’re more allied to gaming than just pure financial trading. In fact some of the most popular involve trading in the participants of games – on football players or teams, or a range of teams in other sports. Knowledge is everything and they do sit prominently in the list of games of skill.

On this page we’ll take a look at some of these new share trading platforms, how they work, and which types of shares you can trade in the games.

Broadly speaking we can break down the different trading games into two main types – financial share trading and sports share trading.

No complicated stuff like forex/currency trading or binary options here!

There’s also an option to trade items or services inside virtual world games, plus a new type of trading on events in esports contests. This looks destined to attract a lot of interest from the video gaming community.

Probably the most notable from a gaming perspective – trading in sports as an alternative to betting on sporting events is on the increase.

One platform that’s been running for a couple of years and has attracted a lot of fans in the UK is the footballer stock exchange run by footballindex.

The ASM exchange (at allsportsmarket.Com) is a recent operator to enter the market, and focuses on offering share trading in US sports teams across all the four major leagues – baseball, basketball, NFL, and NHL.

Others include playerssx.Com, sportsstocks.Com, and athletexchange.

Financial markets trading

First up here is a platform that really does deserve the tag of ‘innovative’ – it’s the financial trading platform run by bet-on-finance. An alternative is wallstreetsurvivor.Com .

Footballindex

If you and love football, the footballindex footballer share trading platform will be right up your street.

No more betting on soccer matches, now you can invest in the players and earn from share dividends and player value increases.

The platform lets you b uy shares in high (or low) performing players. Use your knowledge to buy the right players. Earn dividends. Sell for a profit.

Allsportsmarket

Perhaps destined to become the leading sports shares trading platform, allsportsmarket label themselves as an ‘an experimental exchange where investors can buy and sell sports teams, just like traditional stocks, and earn dividends when their teams win or appreciate in value’. They make a big point of being a non-betting operation, which will clearly be of interest to US players who cannot of course bet legally in most states.

Athletexchange

Athletexchange present their platform as the ‘ultimate fantasy sports stock market’.

Taking fantasy sports to another level – athletexchange offers the same excitement of owning your favorite players and teams as traditional fantasy offerings, but adds the dimension of a dynamic market where traders just like you buy and sell shares of players and teams. The

Playersx

Billed as a fantasy sports stock market, at players SX you’ll be buying, selling, or trading your favourite sporting athletes in NFL or NHL leagues in a similar way to stocks on the financial stock market.

You’ll be able to play at trading for real money across the whole season or for single days at a time,

You’ll also be picking up a 5% bonus on your first deposit.

Wallstreetsurvivor

Stepping away from sports trading, we now come to the biggest financial share trading game – it’s run by wallstreetsurvivor.

Here you’ll be creating your own contests for your class or club, or competing in one of the monthly contests for a share of $2,000 in prizes.

You can learn how to build and run a portfolio of stocks, and practice investment principles before risking your real money.

Blinkpool esports trading

The ability to place bets on esports is a fairly new phenomenon, and blinkpool are looking to grow their trading solution as an alternative to straight betting on teams.

Positioning themselves as a ‘fully regulated esports trading platform’ blinkpool are currently in beta test phase, although are accepting user registrations so you can be ready to trade when it goes live.

You’ll be able to watch contests and place trades on events during live esports matches, for example on the next ‘success’ in a game.

Pros & cons

The main benefit of playing trading games is clear – if you’re good enough you’ll have a reasonable chance of building up some nice cash profits. They can be played without risking large amounts of your own cash in the first place and if you buy and sell cleverly you can compound the growth in share values (plus any dividends earned) and end up with a valuable portfolio.

On the negative side they don’t offer the same excitement level of other real money games like competitive cash video gaming, more because any profits are not likely to come as quickly as they do in those types of games. Plus of course with share trading you’re exposed to unexpected bad news which can send your portfolio (if it’s not spread wide enough) into a downward spiral.

Resources

You’ll find a good list of real money stock and share trading apps here on this page, so there will be little value in linking to pages with similar lists. Equally you can get to the main share trading operators from the write ups above.

Most likely the best additional resources you’re going to find will be those that focus on understanding the vagaries of share trading and how to do it effectively.

For a beginner this guide to share trading is worth a look. It’s a little old but the principles still hold true.

For practice before getting involved for real cash try out a portfolio and trading simulator or one of the other investment game operators like virtualtrader.

Summary

Trading in stocks and shares is an ages old way of investing to build up a cash reserve, but the gamification of stock trading and more importantly its application to sporting games is just a few years old. We can expect to see innovations in the field over coming years.

For now though there are a handful of apps and operators where you can get involved. You don’t have to risk big amounts, have plenty of opportunities to learn before you do, and with good application of knowledge and skill it’s possible to play these trading games for real money successfully…..

…and who knows! You might pick up some valuable knowledge and end up one day answering a $/€/£10000 stocks and shares question in one of the real money trivia games that have sprung up recently.

Day trading: smart or stupid?

Photo credit: BRYAN R. SMITH/AFP/getty images

Whether it is related to bitcoin or mainstream stocks, day trading is the new “sexy” that gets an inordinate amount of hype. There are lots of sites that claim to; “turn you into an instant day trader” or promise that, “millions of dollars can be made just investing a few hours per day.” not to mention that “anyone can become a day trader, instantly.” if you believe all of this, I have a bridge I would like to sell you.

First, let’s first be clear about a definition of day trading. Investopedia indicates that “day trading is defined as the buying and selling of a security within a single trading day. This can occur in any marketplace, but is most common in the foreign-exchange (forex) market and stock market.”

Ideally, the day trader wants to end the day with no open positions, so they don’t have to risk holding on to a potentially risky position overnight or for a few days. That means that if the market turns against them, they could lose a lot of money. Is this a smart way to invest or is it just another “get rich scam” for the fool-hardy?

Do you have the stomach to day trade?

If you are an amateur, you may be playing with fire. Your odds of success are like those of any other high stakes gambler. The professionals really know their stuff. Typically, they are well-established, disciplined traders who are experts in the markets. The other characteristic is that they invest large sums of money, which they can afford to lose. That seems strange, but in fact, they need a lot of money to capitalize effectively on small price movements. The other factor is that when you trade larger positions, you are faced with reduced commissions compared to what a small stock day trader will face. They have money to risk; it is called “risk capital,” which is the money that they allocate for speculative purposes. This is where the high-risk/high-reward investment strategy comes in to play. They do not bet the whole farm on one trade because they could be on the wrong side of the market.

There are two types of day traders:

Professional day traders

These people work for large financial institutions. I think that this is a great way to start. First, you will be trained by professionals and not by a “do-it-yourself” online course. You may even get a mentor who will watch over you. They have all the latest tools for trading and the information on order flow and “stops” that are placed, so they will have a leg up on the small trader. You will be paid a base salary and then a bonus. Secondly, you are not investing your own money, so you have nothing at risk, except your job and your time.

Tradingsim states that the base salary at a new york financial institution “. May be about 50,000 – 7000 dollars US. This is just enough for you to pay your cable bill, feed yourself and maybe take a taxi or two.” they want you to be hungry and make your bonus because, if you make money, it means that you have made money for them. You should be earning about 10-30% of the profits you bring in, according to tradingsim.

Individual day traders

These people go it alone. Just being familiar with stocks and the market is not enough. They really need to understand technical analysis and have sophisticated tools to understand chart patterns, trading volume and price movements. Investopedia explains that “learning and understanding how these indicators work only scratches the surface of what you’ll need to know to develop a personal trading style.”

It’s important to remember that trading requires enough invested money in taking advantage of relatively small price movements. Without the price movements, you won’t make money. If you are investing small amounts of money, the gains will be minuscule and may not even cover the trading commissions you will have to pay.

Fiction will not cost you real money

If you are convinced that day trading is for you, try it out with fictional trades. The point is that you must develop your techniques of when to get into a position and when to get out. It sounds like advice you would give a gambler, right? Well, it is. Most traders develop a very disciplined process and stick to it and know when to close out a position. You can trade just a few stocks or a basket of stocks. Again, do this for about a month and calculate what you make and lose each day.

“the success rate for day traders is estimated to be around only 10%, so … 90% are losing money.” cory michael at vantage point trading is even more pessimistic (or realistic) when he says, “only 1% of [day] traders really make money.” he says it’s because of the “social mood.” put simply, by definition, if you are buying, someone else must be selling; that is the social part. The markets are a real-time thermometer; buying and selling, action and reaction. If someone is making money, someone else is losing money. You would have to join the crowd as the market is moving up and be smarter than that crowd to get out before they do, if it starts to fall.

Nial fuller at learntotradethemarket.Com quips, ”the reality of a day-trader is a guy who got 2 hours of sleep last night because he was trying to trade the overnight session, now he’s up at 6am trying to day-trade the next session. Many traders get sucked into trying to become a rich day-trader largely because that’s what they think is socially acceptable or “cool.” this scenario gives me a stomach ache, which is exactly the point. I remember walking through the trading floor at chase and hearing the moans and groans from the traders, not to mention seeing the 32 oz. Bottles of pepto-bismol prominently displayed on each of their desks.

You know my advice. Any system of betting is not designed so that the majority of people can beat it. If you are going to dabble in day trading, set aside some money that you can afford to lose, because chances are, you will. You also may want to remember the words of aristotle, (who was not a day trader, by the way), “bring your desires down to your present means. Increase them only when your increased means permit.”

I’m a new york times #1 best selling author of 27 books all empowering families (and their kids) to take charge of their financial lives. I make money lessons fun,…

Which market are you trading?

It is important to decide whether you are trading the indices or trading individual stocks because the approaches are completely different.

Traders were worried about a new strain of covid on monday morning, but stocks bounced back strongly during the day as positive price action created concern about missing out on more upside.

The indices were mixed and breadth was almost 2-to-1 negative, but it was an exceptional day for astute stock pickers. There was a very long list of stocks that were up more than 10% but most of them were not the well-known big-caps that are the main focus of the media. The big-cap technology names were mixed and the FATMAAN stocks were lackluster.

For quite a while, traders have been celebrating pockets of very hot trading. Special purpose acquisition companies (spacs) and bitcoin-related names have been the key momentum sectors, but other groups such as solar energy, biotechnology and electric vehicles have also offered exception action. It is these hot sectors that have offered huge rewards for aggressive investors.

While the indices have done well, they are not where the opportunity in this market has been. There is some positive correlation between the indices and momentum, but it is limited. Monday's action was a particularly good illustration that this is a market of stocks and not just a monolithic stock market.

The trillion-dollar question is, "how much longer does this continue?" many market players are becoming nervous at this overabundance of opportunity. Comparisons to the internet bubble of 1999-2000 are very common and the phrase "this will end badly" is constantly repeated.

Of course, the usual market timers are battling the momentum and telling us how idiotic the buyers are to ignore their carefully crafted negative narratives. The only problem is that the price action and hot sectors just aren't paying any attention to the arguments.

Traders are left with two basic choices: either embrace the skepticism and move to the sidelines right away or keep pushing and try to rack up as many gains as they can, while they can. It should be quite clear that I prefer the latter approach. I'm going to stick with my strong stocks until they weaken. I expect to lose some money in a turn, but after days such as monday I will have a pretty good cushion.

This is a tale of two markets right now. The indices look and act quite differently than the stocks in the strong momentum sectors. It is important to decide which market you are trading because the approaches are completely different.

We have a flat start here on tuesday morning but once again there is some very strong action in SPAC names such as velodyne lidar (VLDR) and quantumscape (QS) .