Rating: 4 out of 5 stars

Reviewing: Fantasy Trading at Wall Street Survivor

Fantasy trading gives traders and investors a mechanism to experience investing or trading the stock market without risking actual money.  Wall Street Survivor is a terrific website for creating a fantasy trading portfolio to evaluate new strategies and explore new schemes. Traders can sort and filter stocks with a no-cost stock screener from Zacks.com as well as trading recommendations from founder Mark Brookshire.  Traders can review what leading bloggers from MSN Money are trading as well as Wall Street Survivor’s own stock picking aces.  In addition there are fantasy trading games with prizes and a trading community forum where other traders share fantasy trading strategies.  If you are inexperienced in trading and interested in trying Wall Street Survivor for learning, they have starter instructional lessons as well.  Fantasy trading is fun and if you are smart and fortunate it can make you a little money too.

Trading tickers on the NYSE or NASDAQ and their corresponding options is available for fantasy traders  Once you enroll in a a free account you will be brought to the “dashboard” where you can see a synopsis of your account, examine the weekly and monthly leaderboards, see what contests are running now, or make a trade. Each trader begins with a hundred thousand dollars of play money to try.  Traders try to increase their fantasy portfolio by trading stocks and options in the free basic membership.  Loyalty points can also be attained by making trades, participating in the forums, and other actions that complement the Wall Street Survivor experience for everyone.  If you try the free basic membership and think fantasy trading is to your liking, there are several of account upgrades for you to choose from to enhance your Wall Street Survivor experience.

Traders can promote their account to a real time membership where they are eligible to receive real time quotes with real time ask/bid pricing.  The real-time membership also includes a 25% loyalty points bonus, a maximum of five fantasy trading portfolios as opposed to only one, Zacks buy/sell recommendations, SmartStops protective exits, and advanced technical analysis.  A promotion to an Elite membership extends to traders all of these capabilities plus “Survivor Pro Picks” which is a portfolio of the top ten holdings of the top “survivors” and the “Survivor Spy” which entitles you to examine the trades of any person on Wall Street Survivor in real-time.  The Premier package includes all of this and a 50% loyalty points bonus. Loyalty points can be exchanged for gift cards and other prizes so even if you aren’t winning you can.

Bottom Line:  If fantasy trading a portfolio of stocks and options is of interest to you Wall Street Survivor is a great choice.