For the past couple of months I've been using WeSeed, a virtual stock market geared toward the individual with no experience trading. It's very friendly, but a little too much so. I've found that it's geared too much toward the uninformed person, it's unintimidating gear kind of dilutes the learning experience, I think.

This is an especially good time to tinker with virtual stock markets. The economy is certainly in an interesting scenario and could teach some great lessons without having to actually pony up real cash. There's a lot of opportunity out there for medium to long term investors.

Do you use any virtual stock markets for fun, or to test your potential buys? If so, what do you use? How do you like it?

Egodbois,

I am a user of the Motley Fool's CAPS service. It in many ways is like a VR stock market game but in many ways it isn't. I have my quibbles with it but its a great research tool

Glad to hear that a Get Rich Slowly fan is on WeSeed!

You're right, we are trying to make it as accessible to the average person who knows nothing about the market as we can. Not that we're dumbing it down, but even the people who fall asleep at the thought of reading The Economist or The Wall Street Journal still deserve a place to learn about stocks.

When I started learning and paper trading, I literally paper traded. I had a word document where I wrote down the date, the stock I bought, its price, and a short explanation of why I did that. It was always fun to go back and see how I had done and how/why my rationale was all wrong. That, to me, was the most valuable part.

I didn't really care for the EXACT percentage of gain and loss when I started off, I was more interested in how I was making decisions and what I could learn from them down the road.

Once I started using real money....then I was interested in exactly how much I was making and losing!

I prefer the Fools service as well because it normalizes on the S&P.

Out of all the paper trading sites out there WeSeed has to be the most “newbie friendly” .

If your looking for a site that is just a step up from WeSeed there is Duedee (http://www.duedee.com).

Its just as slick visually but its geared towards people who are not completely new to the markets.

Also there is the trusty stand by of Investopedia (http://simulator.investopedia.com). Its not as pretty as other sites but it still very functional and user friendly.

Finally if you want the closest you can get to the real thing try thinkorswim’s paper trade (https://www.thinkorswim.com). Thinkorswim is a real trading platform that offers a free demo account with which you can do simulated trades with real streaming data. The learning curve is very steep.

Sorry, for diversion, I would like to address message to JerichoHill.
I have sent you some direct mails from this site and from blog. If possible could you please give me a replay or contact me by mail and I will address the questions again.

Many thanks in advance,
Kind regards,
Ashtrom