Welcome to 6method finance hub, I will be writing a Wall Street Survivor review, as I have used the strategy many times and have found it helpful to win my trading activities.
What is Wall Street Survivor?
Wall Street Survivor is an online stock trading site where investors can try out stock trading free of charge. The site bills itself as the “web’s best”, and offers a fantasy stock trading platform, real-time quotes for the most realistic paper-trading experience, as well as educational articles and forums.
Wall Street Survivor aims to provide investors with a platform to practice stock trading, test out new strategies and compete for cash prizes. They have even added options to its fantasy stock trading contest, allowing investors to learn how to utilize these investment tools. As with almost everything in life, investing requires discipline and practice, and it is way better to practice with fake money first!
Wall Street Survivor Login
Opening an account with Wall Street Survivor is very quick and easy. There are just a few short questions to answer. You don’t need to give them your name and details.
However, there are 3 checkboxes at the bottom asking if they can spam you. They are unchecked by default. So be careful about this if you don’t want to be spammed.
When you take the next step, there are more adverts. You need to click the “no thanks” button at the bottom if you don’t want to take up their “special offers”.
I do understand that the site supports itself through revenue from these ads, although I thought they bombarded me with too much in the way of advertisements during the account opening process.
Wall Street Survivor Review And Everything You
The platform allows you to look up stock symbols with ease. It then provides you with all the usual information about a stock including volume, open, bid, etc. Wall Street Survivor also offers real-time quotes, for a more realistic fantasy trading experience.
One thing I also liked is, they have a “Stock Talk” section for each stock, where other members can post their comments about a particular stock. It is similar to commenting on a blog post. This gives the site a sense of community and provides for an interactive experience.
There is also detailed news about each stock and sector which can be useful when making trading decisions. These tools are excellent ways to practice researching a potential investment – a necessary component in a successful trading plan.
How to Win Wall Street Survival (practical steps)
1. To win the game, you only need to hit one home run (1,000%+ gainer). But, it takes 30 years for the intergalactic ball to move from home plate to outside the stadium, so you won’t know the results until you have hit all your balls and waited for them to land.
How many swings would you like before you started playing Wall Street survival?
If someone told you they only wanted one or two swings wouldn’t you think they were crazy? People constantly circled me with gigantic gains because of going all-in on one idea followed by gigantic losses. In the end, it was a losing strategy for them.
2. Buy and hold
Invest in slow motion. Do not short, use stop-loss, or buy on margin. My second largest winner was First Solar.
During the game, many ideas were borrowed since players can see other people’s trades. Players that traded First Solar missed the big gains. Netflix, Sprint, and Supervalu’s gains all came in one day.
3. Diversify The Game
There were 13 stocks in my Beehive portfolio, and my best 10 ideas took up about 10% each of the portfolio.
Study after study has shown that if you want to beat the market, having a somewhat diversified yet concentrated portfolio is the most important. Invest the heaviest in your best ideas.
Hope this wall street survivor review cleared your questions and solved some problems on wall street survivor login. Please remember to share with others.