Understanding the Basics of the Stock Market Game - Stock Market Simulation for Beginners
In this 1-week workshop, students will learn the basics of investing in stocks using a very interactive and hands-on approach involving The Stock Market Game.
Scott L. Steward | Founder, Genius Lab, Inc.
Average rating:
4.7
Number of reviews:(38)
What's included
3 live meetings
2 hrs 45 mins in-class hoursHomework
1 hour per week. There will not be any homework but it is suggested that students conduct their own research in between classes by following business news stories and observing their personal consumption of products and services.Assessment
Students' progress will be assessed by how well their portfolio performs and how effectively they collaborate with their team.Class Experience
This is a perfect introductory class for young people who want to learn more about investing before they spend any of their own dollars. In this series, we will use The Stock Market Game to learn about investing in real-time. I am an 18-time award-winning teacher of business, technology, and entrepreneurship. I have led multiple first, second, and third-place teams to the city and statewide competition for The Stock Market Game. Students can work independently or in investment teams of at least 3, but no more than 5 to learn teamwork and collaboration, communication skills, business leadership skills, and investment vocabulary. Each student team will be given $100,000.00 in virtual cash to invest in stocks of their choosing. This is not real money nor will there be any real dollars invested or received as a result of the student's participation in The Stock Market Game. The Stock Market Game is entirely simulated based on the real-time activity of the stock market. These are virtual dollars that will be used to invest in the stock market to mimic the true ebbs and flows of the New York Stock Exchange, The Dow Jones, and the NASDAQ. No real monies will be required nor distributed as a result of students' portfolio performance. In this class, we will use up-to-date news stories to improve our reading comprehension and to research what's affecting the volatility of the market. This is a 1-week (3 days/ 3 hour) learning experience and student attendance is critical to each team each day. Students will be allowed to interact with their teammates between sessions. It is also suggested that students conduct their own research in between classes by following business news stories and observing their personal consumption of products and services. There will be games, slides, video clips, and discussions each week to increase students understanding of how investing works. The only prerequisite for this class is that students need is an open mind and an ability to add, subtract, multiply, and divide with the use of a calculator.
Learning Goals
By the end of this program, students will have an increased understanding of how the stock market works, working knowledge of industry-related vocabulary words, experience in the buying and selling of stocks, and new knowledge on how to read stock market charts and tables.
Other Details
Parental Guidance
It would be great to have parents discuss domestic and global events to connect how those events affect the markets.
Supply List
The Internet, newspapers, and magazines.
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined May, 2020
4.7
38reviews
Teacher expertise and credentials
Illinois Teaching Certificate
I am a business owner and 18-time award-winning teacher of Entrepreneurship and Technology.
I am a former Chicago Public High School teacher, and I have taught business at Chicago State University, DePaul University, and Lewis University. I even taught at the Universidad de Guanajuato during the summer of 2014.
I come from a family of successful entrepreneurs and very skilled laborers. In my family, we value and respect education.
My educational philosophy? Find something that you love and learn as much about it as you possibly can.Reviews
Live Group Class
$199
for 3 classes3x per week, 1 week
55 min
Completed by 112 learners
Live video meetings
Ages: 12-17
1-15 learners per class
