For experienced day traders, finding the best day trading simulator is also crucial for testing out new day trading strategies.
While there are many ways to simulate day trading, it is not easy to obtain the realistic experience of real-time day trading. Both live trading and paper trading uses the same platform, which is a downloadable software. There is an analytics module for options trading in the platform, which makes it the best day trading simulator for day trading options. ButtonTrader’s simulated trading function is free for the first six months, which is sufficient for testing out your day trading strategy.
If you do not want to be locked in one broker, then a multi-broker trading platform is your best day trading simulator option. With Ninjatrader, you can simulate day trades as long as you are using one of its partner brokers. X_TRADER is the flagship product of Trading Technologies, a leader in electronic derivatives trading solutions.


If you want to avoid these issues, your best day trading simulator could be a well-designed and professional day trading simulator.
RapidSP Trading Simulator is a trading simulation software for US markets including futures and ETFs. ABOUT USSince its inception in 2010, The Oil Trading Group's main focus has been to help educate traders on the ever changing oil market. This is arguably the best day trading simulator option as you get a chance to test drive the platform that you will use for live trading. Other than simulated trading function, it has a market scanner, strategy optimization capabilities, options analytics modules, and advanced charting. In recorded mode, you can simulate day trading offline using data files from ButtonTrader’s website. These powerful trading platforms allow you to simulate day trading with the option of using multiple brokers.
However, at $199.00, it is an affordable way to kick start your learning journey as a day trader.


Consider your needs like the products you trade, how you trade, when you trade, and how much you are willing to spend on a day trading simulator.
It is no wonder that MT4 is one of the most popular trading software used by spot forex traders. Bear in mind that the best day trading simulator is the one that best suits your needs, and not necessarily the one with a five-star review. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.



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Comments

  1. Yeraz

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    06.05.2013

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    06.05.2013