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virtual stock trading
By Yinon Arieli
You have probably heard of Warren Buffet, the great investor of all
times, right? Well, every investor wishes to be as successful as Buffet, who
manages to achieve more than 23% annual return on his investments for more than
40 years (yes, that’s amazing!).
However, choosing the right stocks for your
stock trading portfolio is not that simple.
Knowing which stock to buy, how long to hold it, and when is the right time to
sell, is not an easy task. There are lots (and lots) of investing strategies and
trading methods and forms of analyzing the trend in the price of a stock. For
example, there is fundamental analysis, quantitative analysis and various
technical methods. Each strategy also has sub-categories in it; for example
value investing and growth investing are two sub-categories of fundamental
analysis. Therefore, success in the stock market requires plenty of study and
continuous practice.
Studying the stock market can be relatively easy. You have already demonstrated
your intention to do it by logging to Yalicoo. Just keep on reading. Inside our
growing educational section you’ll find plenty of information you need to know
about the stock market and the variety of
trading strategies.
Practice is a different story; and could be much more complicated (but it offers
much more fun as you will soon find out).
Obviously, it is not a good idea to burn your savings for practicing different
investing techniques investing in a portfolio composed of real money. So, what
can you do? One way to do it is by using a virtual trading system to test
various strategies before putting them into action.
What is virtual trading
Virtual stock trading system, like the one Yalicoo is offering is very similar to the
trading system provided by your broker. You are provided an initial amount of
money for trading the stocks you like whenever you wish; you can manage your
stock portfolio in different ways in order to discover the optimal path adequate for
you. Everything is done virtually, thus you do not invest real money nor do you
assume any risk. In other words, you get the opportunity to participate in the
stock market without the need to open an account with a broker and putting your
savings in danger.
Does it sound too good to be true? Well, it is.
Other virtual stock trading systems on the web allow you to trade stocks using
only delayed quotes; it means that if you want to buy a stock, your order will
be executed according to an historical price or it will be executed 20 minute
after your order. Some of these systems do execute your orders in real market
prices; however, you can’t see the current price but only a delayed quote. These
limitations make it harder for you to view the real impact on your trading
methods. Well, Yalicoo’s system is a totally different story.
Yalicoo’s real time virtual trading
Yalicoo is the only virtual trading system currently allowing you to trade
stocks using real time stock quotes (and yes, you can actually see current prices of
stocks). It gives you the opportunity to buy or sell stocks from your portfolio
using limit or market orders which will be executed immediately. No delays at
all. Thus, Yalicoo’s platform simulates real world trading that you may find in
your broker’s software. This is a unique opportunity for you to test a variety
of trading strategies which you would like to try and march with your style of
investments, a system not offered by other virtual investment programs.
The variety of competitions that Yalicoo has to offer, from a
daily competition,
to a weekly, monthly and even quarterly competition, make it possible to test
almost all trading strategies that exist in the literature. In Yalicoo you can
be a day trader and pick stocks for the short run, or you can chose to be a
value investor just like Buffet; alternatively you may choose to become a
quantitative investor like Benjamin Graham, and build a strong portfolio for a
longer period.
But there is more …
In the past you could only test your strategies using delayed quotes. Being
aware of the weakness of using delayed quotes, we in Yalicoo assured that you
have real time stock quotes for better outcome. As you understand now this is a great
improvement, but it is not the whole story. Keep in mind that there are many
difference investment strategies it may require significant amount of time and
the use of many sources to understand and test them all. Using Yalicoo can help
you shorten this period significantly.
How do we achieve that? It is very simple. Keep on reading (we’re almost there).
Yalicoo is also a community of investors learning from each other. In Yalicoo
you can view portfolios of other investors and act immediately. This allows you
to verify or reject a specific strategy or a set of methods. Watching the
investing strategies of other investors will help you improve your trading
skills and become a more successful investor.
Last but not least, we almost forgot to mention one very important fact. The
investors with the best performing portfolios in each competition will win
thousands of dollars in cash prizes. Many other will win a free additional game.
Thus the question is- do you want to become a better investor and while learning
to do it win large prizes?
We have a feeling that indeed you do.
Join Yalicoo and start improving your
trading skills (and win cash prizes…) right now!
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