How to Simulate Stock Trading to Learn the Stock Market

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Learning the stock market and trading practices is important before investing any money, and Web sites like E-Trade offer a variety of tutorials to help explain the process. Understand trading and research stocks with investing advice from a certified financial planner in this free video on personal finance.

Part of the Video Series: Investing Information
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Video Transcript

Today we are going to talk a little bit about how to learn to trade by simulating the stock market. One of the best ways to do this is to actually log on to some of the websites that are available today. An example might be E-trade. They have a variety of tutorials on their website that actually will assist you in learning how to place trades individually on the market. For example one of their sections talks a little bit about education for traders. This is an opportunity for you to log on and actually listen to some segments on their website discussing how to trade and some of the pitfalls and things you need to think about. Another item that is available on most websites of investment sites are some tools on how to screen and research individual stocks as well as mutual funds and bonds. You can also do research on the way the fund is managed as well as what is going on in the market today.

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