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  • How to Get Trading Experience Faster using a Trade Simulator

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Thread: How to Get Trading Experience Faster using a Trade Simulator



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  1. 02-18-2008 05:45 PM #1
    Quantem
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    How to Get Trading Experience Faster using a Trade Simulator

    Here is a great tool to help you get experince faster, by trading on a simulated market. You can enter and exit trades like you would in a real market, so it gives you a more realistic feeling.

    You can speed it up, and slow it down as well. I have been able to practice trade a month in about 1 hour using this tool.

    The system runs in MetaTrader 4

    When learning to trade, there's no substitute for experience. A trader who has spent many months trading a live market will have a feel for the market that is almost impossible to explain.

    They will see the pitfalls in some stuations by just recognising similar price action. If you have this experience, you will know exactly what I'm talking about, if you don't have it yet, you wont.

    A live market is very different from looking back through charts or backtesting. When you backtest, you can see the bars that are coming, and there is no real stress involved. It's easy to see what signals would have worked, and which ones did not. When it comes to trading for real, you can't see what's coming, and that is a very different dynamic indeed.

    Using this tool, you can trade a few months in only a few hours and then easily print out the results, and see how you well you did. You can also make mistakes and recognise them in a safe situation.

    Granted it's not as real as using live money but its 10 times more realistic than backtesting. If you treat it as a challenge, it actually creates a pretty realistic view of how well you could potentially do with any system or method.

    I personally think it's the second best learning aid there is. Number 1 is live trading but that can be expensive!
    Attached Files
    • File Type: zip Trade_Simulator_Files.zip (37.4 KB, 2851 views)
    • File Type: zip Trade_Simulator_Installer.zip (120.0 KB, 2960 views)
    • File Type: pdf Trade_Simulator_setup.pdf (376.4 KB, 4266 views)
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    vishal gandhi, dnk1, yager86 and 2 others like this.
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  2. 02-20-2008 03:50 AM #2
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    stace
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    WOOOOW the best thing I ever seen thanks man it is very good trainer thanks thanks
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    russian trader
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  3. 02-20-2008 04:17 AM #3
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    Yeah, this is sweet! Thanks bro.



    I'm sure this thread will grow VERY fast.
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    "A successful speculator bases no moves on what supposedly will happen but reacts instead to what does happen."

    Max Gunther
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  4. 02-20-2008 04:29 AM #4
    Paulinge
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    It's GREAT THREAD !!!

    Thank's for share and HELPING us.
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  5. 02-20-2008 08:13 AM #5
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    Ethan Hunt
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    Thumbs up

    Thanks for sharing Quantem...truly amazing!!!

    Cheers

    Ethan Hunt
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  6. 02-20-2008 06:51 PM #6
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    Thumbs up Trailing stops

    Good simulator, thanks Quantem...
    have a question does it support trialing stops by any chance, if not is it possible for you to save the source code.

    Thanks
    iinself
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  7. 02-20-2008 08:51 PM #7
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    ...I can't use my unzip file, is there any way you can attach the these files to
    mq. or ex. files. Other than I need to install winRAR...


    regards...
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  8. 02-22-2008 02:32 PM #8
    lappet
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    Thanx. It's really superb

    but i have question... how i'm gonna use for multi timeframe visual mode?

    anyway thanx for sharing this great tool
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  9. 02-22-2008 03:13 PM #9
    masemus
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    Thumbs up

    Gud simulator, thx's Quantem

    regards
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  10. 02-22-2008 04:31 PM #10
    Stig
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    Thanx!
    Think, trade and think again
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