MyWallSt Virtual Stock Market Sandbox
MyWallSt.net provides a virtual stock exchange, a sandbox, where you can try out and hone your skills at buying and selling stocks in a simulated environment without any money involved. New entrants to the stock market, or rookies as they are known on MyWallSt, are naturally a bit nervous about forking out money while you are learning the ropes. MyWallSt provides a safe outlet for your test runs, where you can understand the implications of buying, or selling, a stock, without losing any money.
MyWallSt allows you to track stock picks as if you really purchased them and also as a community of fellow stock market enthusiasts who provide valuable insight and commentary about the learning process. You can follow, and learn from, others who are slightly ahead of you, in terms of understanding how the markets work, get a feel and knowledge about the basic rules and terminology.
MyWallSt also provides additional motivation to newcomers, in the form of the ‘Rookie Challenge’ contest, where a real $1000 prize is awarded to the rookie who manages to secure the biggest growth in a simulated portfolio worth $100k.
The site calls itself as a ‘financial social network site for investors’ and in reality it is a community of investors sharing knowledge. However, the main attraction of the site is the virtual stock market which not only hones your investing skills, but also gives you the confidence to start investing real money.
MyWallSt is a spinoff of WallSt.net, an Irvine, California based investment portal featuring breaking financial news, interviews, stock quotes and investing tools. The group also broadcasts podcasts with financial news, economic commentary and exclusives with Wall Street insiders. The combined traffic to all their sites is in excess of 300,000 visitors every month.
Company information: MyWallSt, Inc., Parent Company - Financial Media Group, Inc. Address : 2355 Main St., #120, Irvine, CA 92614 Web : http://www.mywallst.net/ Email : Info@MyWallSt.net