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web or software to simulate and pracitce charting


philips123

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Does anyone know any web or software that let us practice by simulating make decisions of investement with charts? I know omnitrader has a game which is a simulator that lets you practice investing by charts. Are there more webs or softwares to practice? I think it's a great help to spend time practicing as more real as possible.

Thanks in advance.

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Actually, there are lots of free trading simulators that are used by high school teachers to teach kids about trading and they have competitions. However, if you're looking for a trading simulator that uses specific trading platform; then you search becomes more challenging. One way to do the simulation is with a paperMoney account (aka demo account) through some online broker.

 

Investopedia Stock Simulator

http://simulator.investopedia.com/#axzz27UoEDmEY

 

Forex trading simulators are usually free. Stock trading simulators generally require an account with a minimum balance.

 

ThinkOrSwim (TOS) has a good papermoney account for free (no balance required) that includes Forex, Futures, ETFs and Stocks. TOS paperMoney data feed is not real time. It has a short time delay which shouldn't matter for training purposes. https://www.thinkorswim.com/tos/displayPage.tos?webpage=paperMoney

 

If you use TOS, you can use it as a delayed time data feed for NinjaTrader which is also free. NinjaTrader also has a simulator that graphs your trading activities to show how your skills are progressing.

Edited by Bill Bundle
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Unbelieveable and hard to imagine.

 

Orderflow Trading Analysis By A 14 Year Old Day Trader

 

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States Push to Teach Personal Finance in Schools

http://www.usnews.com/education/blogs/high-school-notes/2011/08/26/states-push-to-teach-personal-finance-in-schools

 

Levine, of Jump$tart, says in-school banks, stock market games, and financial simulations are gaining popularity in schools. "It's important that schools are giving kids a real-world application [for] what they've learned," she says.

 

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MoneySKILL is a FREE online reality based personal finance course for young adults

 

http://www.moneyskill.org/

 

A junior high/middle school version was released in 2011 consisting of 12 modules covering concepts on income, expenses, saving and credit.

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Stock Contest Aims to Make Teens Market-Savvy

http://www.utdallas.edu/news/2011/5/20-10911_Stock-Contest-Aims-to-Make-Teens-Market-Savvy_article.html

 

High school students are as curious as adults about the stock market — they just don’t have a good idea where to go to learn

 

Online registration and details about the Top Performer Stock Competition are at http://som.utdallas.edu/stockcontest.

Edited by Bill Bundle
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