This Stock market game allows traders pay a fee (buy-in) in order to enter a tournament of their choice, where they receive virtual money with which to build and cultivate virtual stock portfolios based on real-time stock market data. The objective of the players is to earn the highest returns on their portfolios. Throughout the tournament, players are benchmarked against others in real time; at the end of the tournament the winners are those with the highest returns relative to the other traders in the tournament.
The winners receive cash prizes according to the payout structure of the tournament.
Real-time market data and a variety of information & research/reference tools are offered on the UMOO platform to help traders make informed dynamic decisions while trading, as well as all the trading tools of the real markets, including limit and stop loss orders and the ability to sell short.
UMOO is for everyone with an interest in financial markets, from those who have experience and want a fun, unique, alternative platform to play the stock markets, to those who have interest in them and want to gain experience with a known, fixed downside risk. It offers you a place to gain trading skills and compete for wealth and recognition in the format of online entertainment. You can be an experienced trader or an absolute novice.
With UMOO, you can Join a Trading Tournament, Manage a $100,000 Virtual Stock Portfolio, Use real time market quotes, Compete & get ranked according to your portfolios performance, Gain trading experience and win money.
Be sure to check out the Important Announcements section of my blog for the latest contest announcements.
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