These are some of the stock trading and investment apps that you will find on the Android App store that can assist you with your financial management and stock portfolio reviews. The following iPhone apps are fun stock market games that will teach you about the US stock market and give you the confidence you need to get in the stock market for real. So set up your accounts on these fun stock market games and make your virtual millions. ITrade is an excellent stock market game that simulates the market well and lets you start out with $100,000 to invest in your favorite companies. ITrade has built in several social aspects so that you can share information with your friends as well as compete with them to be the best virtual investor in the stock market game world.
Trades are accounted for in the most realistic way possible by tracking real time quotes during the day so when you execute a buy or sell on iTrade it would be just like if you were calling your broker or putting in an online stock trade. There is a great overview video of iTrades below, since most of these games are very similar check out the video and then download the others as well to see which stock market game you like the best.
Using the social features provided by these stock market games make them more enjoyable and fun to watch who is the hot investor between your friends and family or throughout the world as there is a top player list for these different smart phone based stock market games as well. When the news comes we find out that nothing was created and 10 thousand work places were lost.
Although I mentioned 8 pieces of news which I consider the most important, the first 5 are the ones that cause strong reactions after the news is announced. This kind of discrepancy between expectation and realization can cause a real uproar in the market and currency pairs will start flying up and down. If the news does not move the market in the first half of an hour there is a high possibility that there will not be significant price action for the rest of the day.
The key to trading on economic news is to take advantage of these movements in volatility which can last a few minutes or hours, and even days into the future. As I said in my previous article, traders mostly react to those pieces of news which are of high importance. However, those that consistently watch price action around news events will notice that mostly data from US and those countries which release their macroeconomic data during European and US sesions affects the markets. Economic news from Canada (Bank rate decision) created huge moves in Canadian dollar pairs.