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Rajat Paharia originally created Wall Street Survivor as a stock investing game that allowed users to practice their knowledge by investing in stocks using fake money. [3] [2] The current version was launched as an add-on to the site in 2012 and presented at the Finovate conference in San Francisco, California the same year.
A stock market simulator is computer software that reproduces behavior and features of a stock market, so that a user may practice trading stocks without financial risk. Paper trading , sometimes also called "virtual stock trading", is a simulated trading process in which would-be investors can practice investing without committing money.
Johnny L. Wilson reviewed the game for Computer Gaming World, and stated that "Millionaire is a stimulating experience for anyone who enjoys the strategic decisions inherent in high finance." [1] Electronic Games awarded Millionaire the 1985 Arkie Awards for "Best Electronic Money Game". [2]
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So investors have two big ways to win in the stock market: Buy a stock fund based on an index, such as the S&P 500, and hold it to capture the index’s long-term return. However, its return can ...