Trading simulation program?

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Old Jul 20, 2007, 5:06pm   #1
Joined Oct 2006
Trading simulation program?

Hey guys,

Does anyone know of any trading simulation programs? I have a friend who was in training session of the Bank of America Trading training program, and he had to go through some trading sessions.

He was playing a market maker and the computer randomly generates news to create chaos.

He was using trademetrics.

I did a little research and couldn't find much about it.

Does anyone know of any similar programs which can simulate a virtual condition and to hone one's trading skills?

Thanks.
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Old Jul 21, 2007, 8:55am   #2
 
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Joined Jul 2007
trading simulation

Have a look at the following:

http://www.traderwars.co.uk

Another member (arbitrageur) found it and brought it to my attention on another post; so not taking credit for finding it!

It is a player to player trading game, so it does simulate the market and you can try your hand at being a market maker etc. The quality of the game depends to some extent upon the quality of the opposition. It is sometimes quiet and you have to wait a while for a game. I have found that lunchtimes in the week are the best time.
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Old Jul 25, 2007, 1:50am   #3
 
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Joined Jul 2007
Hi !
Take a look at ThinkOrSwim.com PaperMoney
go to website, register, download the software (available for all platforms) intall, start the software, choose the "paperMoney" and trade as much as you like.
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architect is offline   Reply With Quote
Old Jul 25, 2007, 7:02am   #4
Joined Mar 2003
Hi Snownation,

You could try Van Tharp's trading game at www.iitm.com

It's one that I recommend to some of my clients and it teaches the importance of money management and position sizing.

Good Luck,

Damian
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