Stock trading simulator is best used by swing traders and day traders to learn technical analysis and trading skills. Long term investors will not find
the stock simulator useful because it ignores all the fundamental data, and focuses only on stock chart and trade setups. For short term traders, this
stock market game provides a good way to practice your stock picking skills and learn some basic trading strategies.
Paper trading is a good way for stock market beginners to learn how the market works without risking real money. For beginners, we recommend you to spend
at least three months paper trade the stock market before you open an trading account with a stock broker and trade with real money. Also, keep in mind that
trading dynamics is different between paper and real money trading. There are many other factors involved in real money trading such as psychology and money management
skills that you need to learn. Even if you are successful with paper trading, there is no guarantee that you will make money trading with real money,
therefore you should trade only with the money that you can afford to lose.
Virtual Stock Exchange
Many stock brokers such as OptionsHouse offers a virtual trading account which allows a trader to practice their trading skills with real stock exchanges. The only differences between
the real trading account and virtual trading account is that you are not investing with real money, everything else are the same. You will see the real stock market quotes
and prices. Practice with a virtual trading platform is more realistic than paper trade on your own.
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Stock Market Simulator App
Our stock chart simulator is available in the play store, you can download the stock simulator app for free.
MarketClub is a web based trading software that allows traders to scan for stocks using their Smart Scan and Trade Triangle Technology, advanced stock charting tools which allows you to draw trend lines, Fibonacci retracements, and much more.
1. Technical Analysis Ebook
2. 10 Keys to Successful Trading