Personal Development for Smart People Forums - View Single Post - The 700-dollar lesson!!

jimbos123456 · 05-01-2008, 01:59 AM

Have you ever thought about using a trading simulator? They aren't that expensive and you can mess around with options, and different market types. There a lot of free trading simulators too, but you can't access otcbb , canadian, european, south american, and asian markets with them sadly. So it wouldn't be a very diversified portfolio in my opinion. I just finished establishing a 67k core position based on pure fundamentals so I think I'll try my hand at a trading simulator next risking only monopoley money. Plus now would be a good time to practice shorting with fake money considering this recession is going to last a few years. Or you could just leave some cash in the shorting etf of your choice which is pretty simple. Whereas when the recession ends all of the stocks and real estate just bottom out, then it's easy to just buy and hold it at the very bottom.

05-01-2008, 01:59 AM	#19 (permalink)
jimbos123456 Member Join Date: Mar 2008 Posts: 78	Have you ever thought about using a trading simulator? They aren't that expensive and you can mess around with options, and different market types. There a lot of free trading simulators too, but you can't access otcbb , canadian, european, south american, and asian markets with them sadly. So it wouldn't be a very diversified portfolio in my opinion. I just finished establishing a 67k core position based on pure fundamentals so I think I'll try my hand at a trading simulator next risking only monopoley money. Plus now would be a good time to practice shorting with fake money considering this recession is going to last a few years. Or you could just leave some cash in the shorting etf of your choice which is pretty simple. Whereas when the recession ends all of the stocks and real estate just bottom out, then it's easy to just buy and hold it at the very bottom. Last edited by jimbos123456; 05-01-2008 at 02:08 AM.