Saturday 31 January 2015

Currency trading simulation program

Forex paper trading simulation


Dear Readers,


We learn all the time unceasingly so that we may strive to better ourselves. There is nobody who is perfect. Constant practice is the key to success. Moreover, as history has shown us in many cases of trading, the so-called genius does not win all the time.

Trading is a grind and can be taught to anybody who is willing enough to pack in the long hours to commit to a lifelong educational process.

Fundamental traders learn their economics of currency value, ply thru former data releases, and seek for a better understanding, to catch the momentum of a forex trade as and when a key economic release is made.

Technical traders base their entire philosophy of trading upon the credence that history does repeat itself. Pattern recognition forms an important foundation for determining the probability of a trading direction.

Losses come to us all; it is part and parcel of the profession we choose. But in time we learn to cut slack when the wind is against us and live to fight another day. A good trader will never stop a losing trade from occurring. But as the years and lessons go by a good trader will learn to repeat his mistakes less and thereby increase his chances of success.


Market wisdom is earned through a lifetime in overcoming personal failures. The successful property of forex trading is built upon a life's experience and cannot be made over night.

Please view - barchart which can be found at -

http://www.barchart.com/

This website is very informative and provides excellent market data and news reports. Try the simulated program that provides a unique but simple overview of forex trading with real time data and delayed data feed.
 
http://www.barchart.com/trader/help/trading/paper_trade.php 

and  forex pages can be found at -

http://www.barchart.com/forex/marketoverview



Pieter Bergli - DeLoren Trust Holdings

A non-profit commitment to provide education on the properties of currency markets

Forex property academia for free 


Disclaimer - U.S. Government Required Disclaimer - Commodity Futures Trading Commission

Futures and Options trading involves risks of losses. No representation is being made that any reader and account will or is likely to achieve profits or losses similar to those that are being discussed on this blog http://forexeducationperspective.blogspot.com/. The past performance of any trading system or methodology discussed is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

All trades, patterns, charts, systems, etc., discussed in this blog http://forexeducationperspective.blogspot.com/ are for educative and illustrative purposes only and not to be construed as specific advisory recommendations for actual trades. Disclaimer -  http://forexeducationperspective.blogspot.com/ bears no responsibility for the trading actions of its readers.

1 comment:

  1. Hey Everybody,

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