retired_stevesgrl

Do understand that the psychology of trading fake money is different to that of trading real money

retired_aydee

joined. i cam 3rd in a national student competiotion on here last year. £100 prize money... thankyou very much.

gd luck all!

retired_gomab2k4

No.

retired_stevesgrl

No. </BLOCKQUOTE>

Are you saying:
1. The psychology is the same, or
2. You did not know the psychology is different?

retired_gomab2k4

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.

retired_kishnata

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.

retired_stevesgrl

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).

retired_yesmoncar

signed up.

retired_yesmoncar

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.

retired_yesmoncar

Fortunately 4 out of 5 banks buy from us!