Hypothetical Trading

Discussion in 'Risk Management' started by litmikel, Apr 7, 2008.

  1. litmikel



    I have done tons of research on day trading as I know it has a very steep learning curve. I feel that I am ready to actually try it however I was wondering if there was a way I could do it without risking my money.

    Basically I'm asking if there is a program or training software out there that will let me access market info real time during the day and make hypothetical trades. This will allow me to practice and create a strategy before I actually enter the market officially.

    Thanks a lot
  2. cmilian


    i Use ThinkorSwim, They allow you to use play money for as long as you like before wireing money.
  3. 1) One first-time poster advising another! Gotta love it!
    2) You sound like a perfectionist. Stop wasting your time looking for "certainty" and trade real money. You'll have to confront your fear of loss and being wrong eventually.
  4. cmilian


    You are right is funny.

    Want to use money, but, Dot have it right now. Its a good thing cause I would have lost it all if I havent learn a few this here and there. I am reading a lot, practicing while I can get my hands on some mula.
  5. Yannis


    Open an account with Interactive Brokers - their simulator uses their excellent data and is very good.

    Btw, speaking of hypothetical trading, what if there were no hypothetical questions?

    :) :) :)