Day Trading In A Simulator (paper money)

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Information Day Trading In A Simulator (paper money)

Title	:	Day Trading In A Simulator (paper money)
Lasting	:	12.57
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Views	:	6 rb

Where should I open a demo account?
Comment from : Israel levine

Agree 100 percent
Comment from : CmaxEnergi

Great video, RT! Does anyone have any other suggestions about good simulators to use? In TD, Im getting a lot of lag the sticks don't move the same I've been careful, and I buy small if I make a dollar I'm happy but I'd rather find a better simulator
Comment from : Rob

I wish I had started in simulator Big regrets
Comment from : Improv-ing The World

totally agree
Comment from : Electro: Thinkin

RT I started with cash small shares until proof of concept before sizing up started in 2017 and went full time this year still using cash account today I trade as much as long as I have cleared funds I split my account in 1/2 I can trade larger but less or size down to trade more I'll be 25k PDT within 12 months
Comment from : The Censored Chef

Great Video Rt!! 100 real advice! brbrAnd for those that say "but I can be a consistent and rich on a sim!" No you can't! brbrSIM does not equal "Easy" brbrSIM IS KING!
Comment from : Mighty Stocks

Hi what size monitor are those ?
Comment from : Cruise Anthony

Very well said RT! Everyone has a personal journey I'm so glad I found this community Thanks RT!
Comment from : Buy The Dip

Hey RT, did you experience charts lagging in simulator?
Comment from : Gigi Berlogea

To all who reads this after watching the video, listen to RT Use the sim it will help you in your journey I started using a live account and was winning, losing, winning losing It was pretty the much old saying, 1 step forward, 2 steps back I stopped with the live account and went to the sim Once i decided to go live again, i saw the difference right away Use the sim as RT is stating You will be grateful with the results if you stay diligent Keep up the great work RT
Comment from : HID Since78

You forgot a big difference at least some simulators allow you to short everything no paying to locate or the delay to locate sometimes td takes 5 seconds to fill me on a 1000 $ short when they need to locate the shares
Comment from : jason mekush

stock trading is the only business u can practice w exact same layout but with fake money no other business u can do that all ur out is ur time nothing more
Comment from : jason mekush

nothing wrong w the sim , im about to go back to there if i lose another 800 bucks stupid fu kn govt 25 k pdt rule i recomend u use same share size in the ssim as u would in real life
Comment from : jason mekush

Which can fire you up
Comment from : Phillip Bautch

I generally trade in the simulator on Mondays to cool me down after the weekend which ca fire you up to trade anything on Monday
Comment from : Phillip Bautch

If you only started with $14,000 why did you have a margin account that subjected you to the PDT rules anyway $14,000 in a cash account would have allowed you to make plenty of trades as a beginner
Comment from : Freddy Fulcrum

Speaking from experience I agree 100 I lost more money trading with real money than a lot ppl make all year ONLY recently I turned profitable I have my reasons for not using the simulator but I should’ve worked it out brbrI know it’s an individual journey for everyone but please don’t make my mistake Work it out
Comment from : Max

I totally agree, it is psychology both sim or real The market is cyclical, sim prepares and allows you to practice consistency and discipline to profit in real situations All superstars (sports or celebs) practice days/year Why not me, consistent base hits I have traded for almost 2 years, and consider myself still a beginner I am still looking for that setup and discipline Loved to TOS code and testing them on sim Good luck to all Thank you RT for what you do, I appreciate you
Comment from : abecereno

RT is right folks All of this mumbo jumbo about the emotions with no connection is BSbrbrEveryone saying that hasn't spent the time trading the Simulator with the right size Trading with 1 share with real money versus the Simulator is ridiculous Likely haven't even proved you can be steadily profitable in a SimulatorbrbrSee this so often and when you ask them questions, you find out they haven't spent the right amount of time in the Simulator before they move to real money brbrThe very very very few examples if people who did it without a Simulator just isn't large enough for so many people with this mentality brbrThanks for this video RT People need to hear this
Comment from : Terry Nichols

trading in a simulator is good for strategies but it's not the same as trading it's not the same emotions it gets you prepared you should use a simulator paper trade to get comfortable practice but you're not risking your own cash
Comment from : Dynamihk Trades

1st lol Okay understand your point but I disagree Trading a plan is easy but it's the emotions that's the difference between sim and live And I'm not suggesting going live with big size, hell you should start with one share And I'm not saying don't sim but learn setups get profitable and go live with one share blocks to start learning and practicing the number of emotional challenges in trading The analogy also has another part is that you don't learn to be a pilot only in the sim, it would be insane for someone to fly any plane right after no matter how much time on a sim They go fly and learn in real planes with teacher pilots and two controls This is where the real learning comes and I see this as live trading with really small size Any who good discussion You should also do a video about sim / small size live trading metrics needed to move up in size and the timeline
Comment from : Joseph Wong