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Is SIM trading worthless?
You do not have permission to vote on this poll. |
| 100% Yes, Worthless |
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6 |
21.43% |
| No, I use SIM sometimes |
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3 |
10.71% |
| No, I think SIM is critical to learning |
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16 |
57.14% |
| I've never traded SIM |
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3 |
10.71% |
| Total: |
28 votes |
100% |
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BlueTurtle
Registered: Feb 2012
Posts: 565 |
07-12-12 03:36 PM
From $100,000 to $111,000 in one day!!! Basically no losers!!!
Wow, I can't wait till I get a real account and make billions!!
This is why SIM is almost utterly worthless.
Use SIM to get used to hitting the buttons, that is about it.
Just something to think about.
If you lose "money" trading SIM, you really have 0% chance.
Now if I can only start a guru online website and charge millions!!!
I just need to post the disclaimer.
 sim.jpg
This has been downloaded 204 time(s).
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rtiger29
Registered: Jun 2010
Posts: 158 |
07-12-12 04:32 PM
Quote from austinp:
does the FX market somehow know when you are trading sim versus cash?
if so, how would the market tell the difference?
Has nothing to do with the market and all to do with trader psychology. I mean, the spread may be a just a bit different during news releases , but at the end of the day, your emotions wont run so up and down with sim, so that makes it a lot easier to trade. And its important to sim with the amount you will trade live with too.
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BlueTurtle
Registered: Feb 2012
Posts: 565 |
07-12-12 04:54 PM
With this SIM, it was about quickly pulling a chart, looking for a few seconds, zero indicators only price, and then selling or buying. Taking heat of up to 1800 is meaningless, and it turned out that almost every trade was "better" than spending endless hours of research, prop. indicators, etc...
sure, if someone wants to wire me $100,000 I'll try it with your money.
lol
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oldtime
Registered: Jun 2011
Posts: 7389 |
07-12-12 04:58 PM
when I was a kid, we didn't have sim. If we did, I would be a lot richer than I am today.
If you are flat and of sound mind and body, put it on in the sim.
When it goes to hell, that is a good time to put it on for real.
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