Shadowtraders

Trading Futures or Night Trading, Learn By Using The Simulator

The first training tool for every beginning trader or seasoned professional is the trading simulator. This is the best tool for learning to buy and sell stocks or futures contracts. It is also a great tool for discovering new trading strategies, all without risking the cash in your brokerage account.

Simulators are very sophisticated additions to any trading platform. Simulators keep up with the Market real time while providing real world trading experiences. Both stock and futures brokerages allow traders to download an online demo trading simulator so that they can learn order entry and exits as well as market temperment. Most simulators let traders enter "mock" buys and sells, setting profit and stop losses just as they would were they trading live. This gives them a real method to test out strategies.

Novice investors just learning to trade are at a great disadvantage...they don't know if they can trust what their eyes see. Sitting in front of their technical analysis charts, they see buy and sell signals but can't decide if those are real entries. Not wanting to risk their cash, so often they sit and watch, unable to pull the trigger. Meanwhile the chart reveals what they thought was true all along. Without real world experience, it is entirely understandable. Trust only comes after actually trading So using the simulator gives the novice trader a chance to learn to rely on what the charts are saying.

Simulators also enable traders to learn the mechanics of trading. How to enter and exit a trade, how to use stop losses, trailing stop losses, OCO (Order cancels order), how to trade the news, etc. These would be expensive learning curves if you were trading with cash.

Using a live simulator works for seasoned professionals as well. Want to develop a new strategy? Trade the strategy using the simulator until you can trade the new strategy with at least 85% accuracy. It may take some adjustments to the strategy to make it work well but that's ok, there is no cost to your portfolio.

The key to using the trading simulator is to trade as if it were live cash. Too often traders play with the simulator as if it were a video game, not putting any importance in the losses they incur, not learning from the mistakes. Instead, each and every trade should be re-examined after made. Attention should especially be paid to losses. Why was the trade done? What indicators were missed before clicking buy or sell?

Day traders are always trying to find better ways to trade, finding new strategies that give giving them more faith in their indicators. As such, simulators are an essential part of their learning experience.

Barbara Cohen CIO, Shadowtraders, and professional day trader, specializes in teaching students how they can be trading futures with their own trading system and trading strategies. Ms. Cohen has helped hundreds of traders achieve their goals trading. Find out if trading futures is for you by attending one of Ms. Cohen’s Free Webinars. Check out my Futures Trading Articles. For more information, send an email to shadowsupport@shadowtraders.com or call 866-617-2037 today.

---

© 2011 Pure Reason, LLC. All Rights Reserved

Testimonials disclosure. Unique experiences and past performances do not guarantee future results! Testimonials herein are unsolicited and are non-representative of all clients; certain accounts may have worse performance than that indicated. Trading Futures involves substantial risk and there is always the potential for loss. Your trading results may vary. Because the risk factor is high in Futures trading, only genuine "risk" funds should be used in such trading. If you do not have the extra capital that you can afford to lose, you should not trade Futures. No "safe" trading system has ever been devised, and no one can guarantee profits or freedom from loss.

THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY. These results are not indicative of, and have no bearing on, any individual results that may be attained by the using these indicators in the future.

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. The example shown here may or may not be typical of the performance of this system and, ALTHOUGH WE BELIEVE THIS INFORMATION TO BE ACCURATE. Potential traders should carefully investigate, evaluate and compare trading strategies before investing capital. Some or all trading strategies may involve an inappropriate level of risk for potential traders. It is the nature of commodity and securities trading that where there is the opportunity for profit, there is also the risk of loss.

Trading strategies, like any other, may involve an inappropriate level of risk for prospective investors. THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS. Prior to purchasing or leasing a trading strategies from this or any other system vendor or investing in a trading strategies, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition. In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees. It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets..

All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading strategies noted within or without this report. This report does not constitute a solicitation to purchase or invest in any trading strategies which may be mentioned herein. Shadowtraders MAKES NO ENDORSEMENT OF THIS OR ANY OTHER TRADING STRATEGIES NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING STRATEGY.