Practice Stock Trading

Practice Stock Trading On The Internet – Test Your Stock Trading Systems And Skills, And You Just Might Win A Maserati GranSport!

I was checking out some stock charts at BigCharts.com yesterday when I happened to spot an interesting banner ad.

The sponsor of the ad was CNBC’s Squawk Box, and it said something about winning a Maserati GranSport if you were the winner of the Squawk Box Fantasy Portfolio Challenge.

Since I’m always looking for online stock picking contests, etc. to practice stock trading without risking any real money, I was intrigued, and clicked on the ad.

The link took me to the following website:

http://www.sbfantasyportfolio.com/index.asp#Home.asp

Basically, here’s how it works:

You get a fantasy portfolio of a million bucks to “trade” with. The contest will run eight weeks, starting on April 4th and ending on May 26th. The “richest” player after eight weeks wins a brand new, 2006 Maserati GranSport. And you don’t even have to pay the taxes on the car!

Needless, to say, I signed up immediately.

I figure at the worst, I get to practice my stock trading skills and test out some different scenarios I’ve been wanting to try out in the real world for a long time. At best, I walk away with a fantastic new car! (Not to mention one of the other “cool tech toys” the Top 25 other traders get).

I highly recommend everyone sign up for the contest. You get to practice stock trading for free, test some different things you may have been wanting to experiment with, and you just might win a great prize to boot.

However, if for some reason you’re not interested in stock picking contests, here’s another good way to practice stock trading.

Head on over to the Marketocracy website and sign up for a “trading” account there.

This is another type of  “fantasy” stock trading and investing website, but with a slightly different twist. Once you set up an account, you can set up as many “portfolios” within that account as you want. This is an excellent way to test out different trading scenarios and styles – using a particular system or style in each portfolio. You can even have a portfolio that shorts stocks!

There is also a possible huge benefit from participating at Marketocracy, especially over a period of time.

Your portfolios are being monitored by the owners of the website for performance. And if you are consistently in the top performance brackets in Marketocracy, you might be offered an actual position as a mutual fund manager!

This may be the easiest way to “prove” yourself as a successful money manager.

Here’s the Marketocracy website:

http://www.marketocracy.com

These are just a couple of ways you can practice stock trading online without risking a penny of your own money. Why don’t you check them out today?

Now, on to business.

The markets are trading higher today, as it seems another quarter point interest rate increase coming from the Fed meeting today has already been factored in. As usual, the language of the Fed today concerning the future status of interest rate increases will be sliced and diced to try to come to a decision of when (and if) the increases are about to come to an end. So it should be an “interesting” day today.

Here’s an “interesting” stock that caught our attention today…

Stock for Review

Our stock for review today is NEU – Newmarket Corp.

NEU just keeps on “keeping on” and is up again today on volume 160% above normal.

NEU is making “new market highs” - and just might provide a new high for your portfolio!

And at least think about the two methods I suggested to you today to practice stock trading!

Product Of The Day

Not sure how to even begin trading or investing, much less practice stock trading?

Don’t feel had, you’re not alone! I know lots of even so-called “experts” that couldn’t tell a stock about to go up from a hole in the ground!

But now you have no excuse for stock trading and investing ignorance any longer.

Introducing…

The Trade Your Way To Wealth QuickStart E-Class – How To Go From Stock Market Newbie To Out-Trading The Pro’s In 30 Days Or Less…GUARANTEED!

I love to work with total stock market rookies here at Trade Your Way To Wealth. One of the main reasons is that…

Stock Market Rookies Don’t Realize What “Can’t Be Done”!

By that I mean, they haven’t been brainwashed by those aforementioned “experts” into believing that the absolute maximum you can make in the stock market is maybe 14 – 16% a year.

What hogwash!

One of the statistics we monitor here at TYWTW is how many stocks I pick that have gone up over 10% - not in a year, or even a month, but in a single day.

We started monitoring that stat on January 11 of this year, since it seemed we were bagging so many of those kinds of profits.

Since that date…

I Have Picked Over 53 Stocks That Have Gone Up Over 10% In A Single Day!

I’d love to show you exactly how to do that, in one month, starting from scratch.