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WallStreetSurvivor: Play this free internet stock investing challenge.
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Every company listed on a public exchange has a ticker symbol, which is a 1 to 5 letter code for each publicly traded stock. To look up a ticker symbol, click on the SYMBOL LOOKUP link on the trading page and enter the company name. If the company is publicly traded it should be found. If the company is not found, then it is probably not a company that trades publicly. internetchallenge.
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Selling stocks is easy. If you own a stock that has gone up and you want to take your profits, or you have a stock that you are afraid is going to fall, then you should sell it. In order to sell stocks, you must first own them. After all, you can only sell something you own, right? Wrong! challengesoftware.
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Shorting stocks is a little more difficult to understand. Everyone knows that to make money in the stock market all you have to do is buy low and sell high. But you can also make money in a declining stock market by selling high and buying low. By shorting a stock, you are actually borrowing the shares from your broker and selling them, but then you have a liability to buy the shares back at some point and return the shares to your broker to pay off the loan of shares. So if you short a stock, you are really hoping for the stock to lose value after youve shorted it. internetsoftware.
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Buying stocks is pretty straightforward. If you think a stock price is going to increase, then you should buy the stock. All you need is available funds in your WSS. playinternet.
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