Online Stock Trading Learning through Real Bank Account

摘要

Students in the trading class are now conveniently accessing online stock trading application via smartphone/PC due to the massive development of the Internet. This advancement helps students to grasp better understanding through experiential learning. However, they are mostly just utilized the demo version of the application. This demo account has several limitations. It failed to simulate trading psychology of "fear" and "greed", the most important trading success factor besides good technical and fundamental analysis. This study helps testify the role of real account in improving students' trading skill. To this end, Wilcoxon signed rank was exercised employing 31 of sample size. The result shows that using real account in the trading class is an appropriate pedagogy tool. This research has a potential impact to provide renewed insights for trading instructors/lecturers in terms of new pedagogical tool in teaching online trading.