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How can the power of gamification be effectively utilized in the realm of finance? Welcome to “Leveraging the Power of Gamification in Finance!”

Are you ready ‌to turn your‍ personal finances ⁣into an exciting game? It may sound unconventional, but gamification is revolutionizing the way we approach financial management. By incorporating ⁣elements of⁣ gaming into everyday money tasks, we can⁢ transform what may seem like a daunting chore into an engaging and enjoyable experience. So, if you’ve ever ‍wished you could​ tackle budgeting, saving, and investing ‌with the same ​enthusiasm as leveling up in your favorite video game, then you’re in ⁤for a treat. In this article, we’ll⁣ explore how‍ gamification⁢ is reshaping the finance ‍industry and how you can tap into its power to level⁣ up your financial goals. But first, let’s ‌dive into what exactly⁢ gamification in finance entails. At the end of this article, we will find out how important it is the power of gamification in finance.

The Effectiveness of Implementing Gamification in the Field of Finance

1. Leveraging Incentives: Financial institutions can boost engagement by offering points, discounts, or exclusive benefits for specific actions, aligning incentives with users’ financial goals.
2. Creating an Immersive User Experience: Designing finance applications with user-friendly interfaces, intuitive navigation, and visually appealing aesthetics enhances engagement. Interactive elements like quizzes and challenges make financial activities more memorable.
3. Healthy Competition for Customer Engagement: Introducing leaderboards showcasing achievements fosters healthy competition among users. Safeguards are necessary to prevent negative outcomes, and emphasizing collaboration and shared goals cultivates a sense of community.
4. Driving Customer Engagement through Gamified Learning Experiences: Gamified learning transforms financial literacy into engaging experiences. Interactive quizzes, challenges, and simulations enhance users’ financial knowledge, empowering them to make informed decisions.
5. Utilizing User Analytics for Engagement Optimization: Gathering data on user behavior through gamification allows financial institutions to gain insights into preferences, engagement levels, and areas for improvement. Analyzing this data helps refine gamification strategies and enhance overall user engagement over time.

Advantages for Businesses in the Financial Sector

By integrating gamified learning, your bank can reap several tangible benefits that enhance both employee performance and client satisfaction.

You’ll notice improved engagement as employees find training more enjoyable and interactive. This increased engagement often leads to better knowledge retention, which is crucial in the ever-evolving financial landscape.

Moreover, gamified learning provides instant feedback, allowing your team to identify and address gaps in their understanding swiftly. This agility translates to more competent handling of client needs and a sharper competitive edge in the marketplace.

Additionally, the data-driven nature of gamified platforms enables you to track progress and tailor future training. You’re not just improving current skills; you’re also investing in the continuous development of your workforce.

Effective Techniques for Gamification – Teh Power of Gamification in Finance

Let’s consider now which techniques we can use to implement the power of gamification in finance. To effectively implement gamified learning in your corporate banking training, it’s essential to understand the key strategies that can drive success.

You’ll want to integrate game mechanics like points, badges, and leaderboards to foster a competitive yet collaborative environment.

Ensure the content is relevant and challenges your team in a way that’s both fun and educational.

Don’t forget to provide immediate feedback; it’s crucial for learning and engagement.

Mix in varying levels of difficulty to cater to different skill sets and keep everyone on their toes.

Begin by establishing specific goals that are in line with your overall business objectives.

Then, recognize and acknowledge accomplishments in order to foster a feeling of success.

These elements, woven into your training program, can significantly enhance learning outcomes and employee motivation.

Revolutionizing⁤ Financial Literacy: ‌How Gamification ​Holds the Key to Engaging Learning ⁤Experiences

Boosting Customer Engagement and Retention: uncovering the Potential of Gamification in Financial Services

Gone are the days​ when finance was considered a dry and‍ serious industry. With the ‍increasing adoption of technology, financial services have embraced⁣ the⁤ concept ‍of⁢ gamification to capture customer attention, enhance engagement, and‍ boost retention. Leveraging the power of gamification, financial institutions are transforming mundane financial transactions into immersive experiences ​that⁢ are not only​ informative but also enjoyable.

So, what ⁤exactly is gamification, and how ⁤does it work in the realm of finance? Gamification refers to the integration of game mechanics and design elements into non-gaming activities, such as financial‍ planning, budgeting, and investing. By incorporating elements‍ like challenges, levels, rewards, and leaderboards, financial institutions can ⁣motivate ⁤customers to ‍actively participate in their financial ‍journey, ultimately leading to better financial habits and a ⁣stronger ‌connection⁤ with the brand.

One of the key advantages of gamification in finance is its ability ⁣to simplify complex financial concepts. Through interactive games and simulations, customers can gain a deeper understanding of topics like budgeting, investing, and retirement planning. By breaking down complicated concepts into bite-sized, interactive modules, financial institutions can empower customers to make informed financial decisions.

Furthermore, gamification encourages a sense of achievement and accomplishment. By setting goals and ‍offering‍ rewards, financial institutions can create a ⁣sense of progress and motivation for customers. This not only boosts customer engagement but also instills a sense of loyalty and satisfaction. Customers can track their progress, earn ⁤badges, and compete with others, fostering a healthy sense of competition and community within the financial services ecosystem.

Gamification also allows financial ⁣institutions to personalize‍ the customer ⁢experience. ⁢By analyzing ⁣customer data ‍ and behavior, institutions can ⁤tailor gameplay and rewards to individual preferences and goals. This level of personalization not only‍ enhances engagement but also builds trust and rapport with ⁤customers.

In conclusion, gamification has ‍emerged as a powerful tool in the ‍financial services industry, revolutionizing the way customers interact with financial products and services. By leveraging gamification techniques, financial institutions can not only boost customer engagement and retention but also empower customers to take control of their financial well-being.

 Gamified ⁤Trading Platforms: A Winning Strategy for Empowering ​Investors and Driving Profits

Today, investors ‍are constantly seeking innovative ‍ways to engage with the financial markets and maximize their profits. Gamified trading platforms have emerged as a game-changer in the world of finance, offering investors a unique and exciting way to ‌participate in trading activities.

One of the key advantages of gamified trading platforms is their ability to empower investors. By incorporating⁣ gamification elements‌ such as virtual trading competitions, leaderboards, and achievements, these platforms provide a hands-on learning experience that fosters financial literacy and enhances decision-making skills. Investors can⁤ practice trading strategies‌ in a risk-free environment, gaining valuable insights and confidence before venturing into the real ​market. This gamified approach not only promotes active participation and knowledge acquisition but also boosts investor engagement and motivation.

Furthermore, gamification in finance goes beyond just education and training; it also has a significant impact ⁢on profitability. By creating a sense of competition‍ and accomplishment, gamified trading platforms incentivize investors to perform⁢ better and achieve higher returns. ‍The engaging and interactive nature of these⁣ platforms‌ keeps ⁤investors hooked, encouraging ⁤them ⁢to ‍stay active and invest for longer periods. As a result, investors are more likely to⁣ make informed decisions, seize profitable opportunities, and ultimately drive their profits higher.

Overall, gamified trading platforms have revolutionized the way investors ⁢engage with the financial markets. Through the integration of gamification elements, these ⁢platforms empower investors by providing valuable education and training opportunities while also driving profitability. As the financial​ industry continues to evolve, embracing the power of gamification is undoubtedly a winning⁤ strategy for both‍ investors and trading platforms. So are you ready to level up ‍your trading journey and embrace the exciting world of gamified finance?

From Fun to Funds: Actionable Steps to Implement Gamification in Your Financial Business

Gamification has become a powerful tool in various industries, and the financial ​sector is no exception. By implementing gamification strategies, financial businesses can ⁣transform the way they engage with​ customers, motivate employees, and drive⁢ business growth. In this post, ​we will explore actionable steps that you ‍can take to implement gamification in your ⁣financial business and leverage its power to enhance customer experiences and boost profitability.

1. Define your objectives: Before diving into gamification, it’s crucial‌ to clearly define your objectives. What specific goals ‌do you want to achieve through gamification? Whether it’s increasing customer engagement, improving financial literacy, or driving sales, having a clear understanding of your objectives will guide your gamification strategy.

2. Identify gamification opportunities: ‌Once you have defined your objectives, identify‍ areas in your ‍financial business ​where gamification can be effectively implemented. For instance, you could introduce a gamified savings app that rewards customers for reaching savings goals, or implement a leaderboard system to incentivize​ healthy competition among employees. By identifying these opportunities, you can tailor your gamification efforts to target⁢ specific areas that will have the greatest impact.

3. Design engaging ‍game⁤ mechanics:⁤ The success ⁢of your gamification strategy relies heavily on‌ designing engaging game mechanics that​ capture the attention and interest of your target ‍audience. Consider incorporating elements‌ such⁤ as challenges, achievements, levels, and rewards into your gamified experiences. For example, you ⁤could create a ⁣financial education game that rewards users with virtual badges or unlocks new levels as they progress.⁣ The key is to make the experience ‍enjoyable and rewarding, motivating your​ customers or employees to actively participate.

4. Integrate technology: To implement gamification effectively, leverage technology that supports ⁣your desired gamification features. Consider integrating mobile apps, virtual reality, or interactive web platforms that facilitate gamified experiences for ⁤your customers or employees. This will enhance‍ the overall user ​experience and make engagement with your gamified offerings seamless. By embracing the right⁢ technology, you ‌can create ‍immersive and interactive gamified experiences that resonate with your target audience.

5.⁤ Track and ⁣analyze data: Once you have implemented your gamification strategy, don’t forget to track and analyze data to​ measure its effectiveness and make ⁤data-driven improvements. ⁤Monitor metrics such as user engagement, completion rates, and conversion rates to ‌evaluate the impact‍ of your⁤ gamified experiences. ‌This data will provide valuable insights into‍ what is working and what areas need refinement, allowing you to​ optimize your gamification strategy ​for maximum impact.

In conclusion, gamification has the power to transform the financial industry by driving customer engagement, motivating employees, and ultimately boosting profitability. We could consider the importance to implement the power of gamification in finance. That’s the way to implement the power of gamification in finance. By following ⁣these actionable steps and leveraging the right technology, you can implement gamification in your financial business and reap the countless⁢ benefits it offers. So, why not embrace the ‍power of gamification and take your ‍financial business to the next level? ⁣Start your gamification journey today! ​And that’s a wrap, folks! We’ve taken a deep dive into⁤ the‍ exciting world of gamification in finance, and boy, what⁣ a wild ride it has been! From leveling⁢ up our financial knowledge to conquering those pesky budget hurdles, we’ve witnessed the‍ power of gaming techniques transform our approach to money management.

Imagine a world where banking isn’t just about numbers and spreadsheets, but an adventure filled with quests, achievements, and rewards. A world where saving for a rainy‍ day feels as thrilling as slaying dragons in a mythical realm. Well, thanks to gamification, that​ world⁤ is no longer a fantasy.

Through cleverly implemented game mechanics, financial institutions are revolutionizing the​ way we interact with money. They’ve gamified the often tedious tasks of⁢ budgeting, investing, and even paying off debts. ⁢Suddenly, the ‍once-dreaded budgeting process becomes an opportunity to ⁤earn points, unlock virtual badges, and show off our progress to ⁣our friends. Who knew finance could be this fun?

But it’s not all about the thrill of the game. Gamification in finance has some serious ⁤benefits too! By turning financial goals into achievable milestones, gamification encourages ⁣us ⁤to stay motivated and disciplined. It transforms learning about personal finance from a chore into an enjoyable habit. And let’s not forget⁣ the power ⁢of healthy competition – pitting ourselves against friends or family can motivate us to save ⁢more, invest better, and ultimately‍ level up our financial success.

We could consider key strategies to implement the power of gamification in finance. Also, we could consider the power of gamification in finance. However, ⁤just like any game, gamification in finance requires⁢ some strategy. Developers ⁢and​ financial institutions must strike a delicate balance between engagement and education, making sure that the ⁤game elements enhance financial literacy rather than‍ overshadow ​it. After all, we don’t want to end up caught in an addictive cycle of⁣ flashing graphics and virtual⁢ rewards, losing sight of the ‍real-world importance of our financial decisions.

So, whether you’re a seasoned ⁣gamer ready to conquer new financial horizons or simply someone looking for ⁢a fresh, engaging approach to personal finance, gamification‌ holds ⁢immense​ potential‌ for each and every one of us. It’s time to power up our wallets, embrace the gamified revolution, and unlock our true wealth-building potential. Game on!⁣

Market Place

MKTPlace is a leading digital and social media platform for traders and investors. MKTPlace offers premiere resources for trading and investing education, digital resources for personal finance, news about IoT, AI, Blockchain, Business, market analysis and education resources and guides.

Continuing from where we left with the first part, the second part will focus on different examples of online trading and gamification integration and some investor based games to give you a better idea. We have already discussed the advantages of using gamification techniques in online trading and also briefly discussed the point of view of the critics. If you want to know about the details, you can refer to the part 1 of these series.

Gamification became a mainstream trend since 2011, and as predicted by 2015 50% of organisations that manage innovation processes will gamify those processes by 2015. Whether this prediction came true or not, we can deduce from the trading industry that introduced already different investing games.

Now, let us look at the different investing games and tools that could reshape and open doors to endless learning for new traders as well as experienced ones. It is highly recommended to play these trading games at least once or twice to see what the hype is all about. Many multinational companies are also using gamification for educating their employees.

Benefits of Gaming and Gamification

Gamification creates engagement that leads to employee development. The chart below reveals the specific skills that might be developed by employee through gamification.

Source: VenueGen

The employees learn more quickly and have fun doing so. They are able to retain more information as compared to the traditional methods of learning. Research also points out the benefits of using games to eliminate anxiety and depression. Some might go as far as saying that game can produce better results than medicine. All the neuroscientists and researchers on the field agree gaming could increase the retention power and increase concentration levels.

Traders who play trading games can build a strong network which is important and you can get instant feedback and rewards. Gamification offers a lot of potential for business applications. For traders and businesses, gamification offers an easy way to train, monitor and motivate employees. Businesses can engage customers to participate and keep them engaged. Individuals can apply the same things they learn from games in real–life situation, such as anticipation, problem solving skills and creativity. Here are some of the games you can try to polish your understanding of different concepts used in online trading:

Flick a Trade

Start with casual games, such as flick a trade, which is a gesture based trading game for Android and iOS devices. The game allocates different gestures to different commodities currencies and indices. You can play around with virtual currency but you will have to take time into consideration. The graphics will appeal to you and the game play will keep the player engaged. Not only this, but you can also share the fun by challenging your friends in the multiplayer mode. View your performance and share it on social media to show your friends.

World of Tradecraft 

Truly inspired by one of the most popular multiplayer online games, World of Warcraft, this game offers traders and opportunity to experience gamification of higher degree. It is a full-fledged multiplayer online trading game. Similar to World of Warcraft, this game also give you an option to work collaboratively in a team towards a single goal or get involved in one on one competition. As you move higher, new challenges, rewards and territories are unlocked which will push you to play well and play more. New traders will get the experience which could help them in real world trading.

Investing Apps

Some of the best investing game apps that took advantage of gamification are:

Trade Hero

It is one of the best virtual investing apps and works as a financial literacy tool as well. It engages users to improve their trading by using gamification. Users can create a virtual portfolio and compete with one another. You can comment and share you score on social media. The app is free to download but uses the in-app purchase model to earn money. There are many other features you can explore.

Stox

Another app worth mentioning here is Stox. It has a series of small lessons to teach you how to create online trading accounts. You will have to go through quizzes after you have gone through the lessons. Stox focuses on traders who are new to online trading and don’t know much about online trading. Stox app is available for both Android and iOS. Take a look at different indicators and do your technical analysis with a touch of gamification with this app.

These are only a few examples but there are countless others as well. These apps and games can enhance your knowledge about financial markets and improve trading skills which is beneficial for traders in the long run.

Relevant Posts:

Guide to Trading and Gamification – Part 1

The Gamification of Online Trading 

How “Tradimo Play” ApS integrates Gamification and Trading

Market Place

MKTPlace is a leading digital and social media platform for traders and investors. MKTPlace offers premiere resources for trading and investing education, digital resources for personal finance, news about IoT, AI, Blockchain, Business, market analysis and education resources and guides.

The trend of integrating two completely different fields to find a comprehensive solution to a problem is becoming commonplace. Scientists and researchers have experimented with it and have received positive results. Now, they are taking it to the next level. It might look odd to some of us but gamification and online trading integration is on its way.

In one of our recent posts, we reviewed the current trends of gamification in online trading and how it affects traders’ experience. 

Gamification

Gamification is a technique which applies game elements and mechanics on real-world situations. This emerging field has been able to capture the attention of many businesses because it produces the desired results for your business in less time by engaging your targeted audience to participate. Gamification is also used in many other fields with varied success rates.

Online Trading

The trading of securities online has become the norm after wider adoption and acceptance of internet. The popularity of online trading is on the rise as suggested by statistics and the trend is going to continue in the same fashion. Many new traders are also entering the market regularly after seeing the success their counterparts are enjoying in the field.

Integration

Efforts are underway and some positive results have also been achieved which will further speed up the process of gamification of online trading. Most traders who are experienced hang out in chat rooms and forums to keep themselves updated but they neglect the booming platform of social media. New traders, who want up to date information but do not know where to look for it and lack the required knowledge to succeed in online trading, will find this useful.

Using game elements or developing tools and technologies that could help online traders in their quest to success can play a crucial role. Social media can be involved to make things easier by sharing the latest news and articles to help investors make the right decisions. There should be a review and ratings method followed to rate forums which makes it easier for traders to select the best forum to get the knowledge.

Some people are in favor of gamification of online trading while others criticize it by saying there is a huge difference between real world and virtual situations. A real world loss could cost you money but a virtual loss would not hurt you that much. Irrespective of what both parties say, gamifying online trading has turned into a more engaging and enjoyable experience.

Many trading services, such as eToro, have experimented with social media and game elements. The flexibility to experiment in the game and learning different things without putting your hard-earned money at stake is the biggest advantage gamification of online trading can give to traders. Using virtual funds in games will help you learn and experiment with different things that could prove to be handy when you trade with real money.

Many people who don’t like games only look at one side of the picture to shape their opinion. They only focus on health issues and other problems associated with gaming and completely neglect the positive side of gaming. You can learn a lot regarding stock investing. There is even a social platform called Cloud Stock where you can test your investing skills while at the same time competing with friends. Recommend stock to your friends. Invest with your friends and see who can earn a better return.

If used properly, gamification can be used as an educating tool to teach new investors the tricks that could make them more capable of doing well when making investments in the real world.

Another common mistake made by traders who are new to this field is to follow the footsteps of famous traders who are earning more profits. This might or might not be fruitful for new traders because it purely depends on the situation.  This problem is solved by using gamified investor tools which can help young investors to check whether a strategy would work for them in particular situations or not without risking their money.

Now, you can easily get access to relevant material to get the help you need but you must know where to look for it.

Relevant Posts:

The Gamification of Online Trading 

How “Tradimo Play” ApS integrates Gamification and Trading

Market Place

MKTPlace is a leading digital and social media platform for traders and investors. MKTPlace offers premiere resources for trading and investing education, digital resources for personal finance, news about IoT, AI, Blockchain, Business, market analysis and education resources and guides.

“Games are the new normal” Al Gore

Many companies are now focusing their attention on developing useful applications by integrating two or more fields. Combining the concepts of multiple fields to solve a common problem has become quite common in this day and age. The companies who experimented with this formula have also attained success and that has inspired other companies to follow suit. This might look odd to many but it is effective and has proven its worth by providing brilliant solutions to complex problems.

Tradimo Play ApS

The latest experiments in the series of events are being done to fuse gamification with trading. A new company known as Tradimo Play ApS has developed gamification tools to take trading to the ever expanding gaming community and to anyone who wants to learn trading concepts. Tradimo Play ApS has also tried to cater to the people who prefer mobile devices by launching its mobile app for popular mobile platforms which has managed to gain the attention of major brokers and traders.

The company has diverted all its energy towards bringing something new to the market and has succeeded in doing so in the form of its latest gamification tools. Innovation and creativity is what they are striving and wants to give something unique and refreshing to their clients which is the right way to go especially in today’s competitive world.

Gamification

Gamification is thinking and applying game elements in non-gaming environment to solve major problems. The main purpose of gamification is to ensure user participation and it has succeeded in achieving that goal. It is used in many different fields, from education to entertainment. It is focused on main players and how they act in a game situation. A concept of reward is also there to motivate the player in achieving their goals.

Internet as a Medium

People who like to trade frequently are still using chat rooms and other instant messaging platforms to stay up to date with the latest happenings and indulging in discussion of hot topics. While the brokers have extended their reach and increased their customer base, many new traders are still not familiar with investments and stocks.

Online Trading and Gamification

Online trading has started to look more or less like role-playing games if you analyze closely. You will have to make decisions that could bring about a change, for example losses and savings. The popularity of online trading will grow in the years to come which will give an opportunity to companies like Tradimo Play ApS to develop gamification tools and capture a large market share with their handy tools for trading.
Social media has helped traders in interacting with the stock markets in a more reserved way. Times have changed and now you don’t need exclusive access to read experts opinion and predictions. Many traders believe articles posted on social networking sites such as Facebook and Twitter influence business and the trading decisions they take today.

Some might not agree with the idea of integrating real world with virtual world, especially when your money is at stake. They argue that in-game situations won’t match with real-world situations and both are completely different. A loss in the game would not hurt you but a loss in business and trading will hurt you bad because you will lose your hard-earned money in the process.

Trading decisions are still made on the basis of trade signals and not only on the articles which traders read on social media. Frequent traders know where to look when it comes to finding the latest news and to know more about trends but it might be a problem for new or part-time traders. Gamification elements could come in handy in rating forums for authenticity and credibility so that part-time traders could easily select the right trading forum to learn what is happening in the world of trading.

Social media has sped up the gamification process of the online trading market. It will take time but gamification and online trading together does have a bright future and could benefit many traders. Proper execution using the tools could even turn critics into supporters. People would be slow to react initially but with the passage of time things are bound to change.

Market Place

MKTPlace is a leading digital and social media platform for traders and investors. MKTPlace offers premiere resources for trading and investing education, digital resources for personal finance, news about IoT, AI, Blockchain, Business, market analysis and education resources and guides.

The consistent rise in the popularity of online trading and investment has been matched by the excitement of the general population displayed in using instant messengers and social media platforms. It is important to realize that both online trading, the gamification of online trading and social media function hand in hand with complete synchronicity. How? Well, the simultaneous and immediate messaging functionality of online platforms and networks allows traders and investors to discuss and exchange relevant and new information with each other right up until the second they initiate a trade.

The internet has been around for a long time now, right? You would be surprised to know that many trading enthusiasts have been using chat rooms and other forms of online messaging to stay in the loop, sharing tips, chewing over which stocks are likely to make them money, and which ones they should stay away from.

On the other hand, online brokers have started to increase their target audiences beyond the traditional day trader setting and have begun reaching into a segment of the population which hasn’t yet been exposed to the share market past the odd bank stock or managed fund investment.

In trying to interact with this huge market, online trading has started to resemble an extension of role playing games. This is due to the nature of online trading as it entails making real life decisions to change something, for example life savings, incurring loss, and increasing wealth.

There are more than half a million Australians who actively use online trading platforms to trade shares and several of those online trading platforms expect the number to increase exponentially in Australia, as well as in the US. According to a recent report by the Common Wealth Bank of Australia (CBA), it was identified that the Australian share market might grow to three million traders.

Gamification & Trading

Mike Hamm, a frequent online trader, has experienced the rise of gamification of online trading over the preceding five years. Hamm is mostly engaged in active online trading and has a trading portfolio of over $100,000. His trading experience and the knowledge that he has gained over the years has also led him to creating his own trading blog named 5000trades.com

According to Hamm, social media networking has played an instrumental role in helping people interact with the stock markets in a more reserved and shallower way. In the past, vital trading tools consisted of exclusive access into the Bloomberg terminal or in the least, subscribed access to different broker reviews and reports.

But things have changed considerably, and now most trading decisions are made online via different articles posted on Facebook and Twitter.

According to the chief executive of Bell Direct, Arnie Selvarajah, steps are being considered for the gradual gamification of the entire world of online trading. However, Arnie has his reservations pertaining to the idea of making it too easy or too game like for traders because there is a potential for clients to lose money.

Stephen Karpin, who is the general manager of equities and margin lending of CommSec, says that bringing together the tools for effective trading and infusing the power of social media to make disparate information viable to daily traders could be very useful. In attempting to harvest all the tools of the ‘trade’ together, many people who have never traded in the share market will also do so actively.

However, there is also a growing need to facilitate part time traders with valid information from the stock market. Good online trade forums should have a reliable method of rating the viability and the quality of good trading information. For example, take Hotcopper, which has a thumb up and thumb down feature, allowing traders to go through good and bad trading information.

Websites have to consistently do well in search engine rankings and have to make it to the top so that more traders could enjoy viewing credible information, basing their trade decision on the news they read.

However, it is important to realize that online trading still functions with the same rules. Trading and investment decisions are still being made based on either signals or noise in the market.

The Bottom Line

The gamification of online trading is a gradual process, but with that being said, it is also important to note that social media networking has laid a powerful foundation for it to commence and spread quickly in the near future.

Market Place

MKTPlace is a leading digital and social media platform for traders and investors. MKTPlace offers premiere resources for trading and investing education, digital resources for personal finance, news about IoT, AI, Blockchain, Business, market analysis and education resources and guides.