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Simulators/Virtual Trading review
GUIDE
Published May 2011, Ed.1-01
MarketHEIST
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table of
CONTENTS
Getting Started with Trading Simulators (Virtual Trading/Paper Trading) The Basics for Trading Simulators 1. Experience: Learn and practice investing without risking money 2. Trading Style: Put strategies and techniques to the test before risking real money 3. Risk Appetite: Take the risk out of learning and have a better chance of success
4. Asset Class: Different asset classes are like different sports - practice the sport you play.
Trading Simulator Choices 1. Trading Simulator Platforms: Simulator types, Pros, Cons, Recommendations 2. Strategy & Technique Simulators: Simulator types, Pros, Cons, Recommendations
*SAMPLE ONLY. DOWNLOAD FULL REVIEW GUIDE FREE http://marketheist.com/education/paper-trade/
 
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording or any information storage and retrieval system, without prior permission in writing from the publisher. Copyright Š MarketHEIST.com 2011
getting started with
Trading Simulators (aka paper trading, virtual trading,
TRADING SIMULATORS
trading, gain experience, and learn the game without
stock market games) lets you practice investing, risking your life savings. Would you step into a game you’ve just learned and bet your life savings on winning? Maybe if you’re a gambling addict, but the rest of us would only try that if we’re good at the game. Why risk real money learning about the investing game? Trading simulators lets you practice as long as you want, make all the mistakes in the world, and gain experience for no cost and no stress. Most people can’t live off of their investments is losing too much money trying to learn the game. But as you can see, practicing with trading simulators, along with a trading coach and investment books, there’s no reason to lose a lot of money to learn the game. Paper trading (and/or trading simulators) are extremely useful for practicing new strategies, refining your technique and approach, and learning about new facets of trading the market. However, there are a few different styles of paper trading simulators: Paper trading platforms and strategy & technique simulators. Paper trading platforms are the regular paper trading tools that you can use to practice investing in the market. Strategy & technique simulators can provide pseudo data in “real-time” to help you understand trends, techniques and strategies. Most trading simulators are free, so don’t settle for simple “stock market games” that aren’t realistic. […]
*SAMPLE ONLY. DOWNLOAD FULL REVIEW GUIDE FREE http://marketheist.com/education/paper-trade/
All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording or any information storage and retrieval system, without prior permission in writing from the publisher. Copyright © MarketHEIST.com 2011