Successful traders - sim practice?

Discussion in 'Professional Trading' started by Technician, Oct 22, 2009.

  1. rickf

    rickf

    When sim trading, if you plan to use 1 or 2 contracts "live" try running 8 or 10 in the sim first.

    Think about it: When sim trading it's far too easy to see "-12.50, -25.00" and think "no big deal" on 1 or 2 virtual contracts --- but when you start seeing "-1250.00, -2500.00" for that first tick or two moving against you, suddenly you get real focussed and hopefully can stay disciplined to your trading plan. ;)

    That helped me out immensely, and made sim trading 'feel' a bit more real to me. YMMV.
     
    #21     Oct 24, 2009