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Originally posted by Roadways:
<BLOCKQUOTE>Originally posted by Jongi:
Do understand that the psychology of trading fake money is different to that of trading real money
No. </BLOCKQUOTE>
Are you saying:
1. The psychology is the same, or
2. You did not know the psychology is different?
Obviously the practice is different, the psychology of trading fake rather than real money is different how? In the respect that I have never dabbled in real shares but would do in a fake (fantasy share thing) environment?
I'm not sure I've grasped the point.
Of course the psychology is different. I haven't had the bottle to put some of my savings into real shares. However, i'm still researching the same way I would if it was in real life. But then there is no fear of it going tits up.
Once I get more confident with the research etc I will make the leap with real money. Knowing my luck I'll end up making a virtual killing on the virtual stock market and have absolutely nothing to show for it.
Originally posted by Tony Robertson:
I've found this virtual share trading website, which I thought would be a good way to practise without the risk.
it was a comment aimed at the above. playing a game about trading shares is infinitely differently to trading shares with your own money (or someone else's for that matter).
Providing I've done it right I've bought shares in some companies, only done it in companies that buy pc's from the company I work for. I figure they must make them more productive.
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