Are you looking to sharpen your trading skills without risking your hard-earned cash? Look no further than SimSim, the Simple Simulator designed specifically for practicing manual trading on historical data.
Here’s what you need to know:
- SimSim focuses solely on close prices, so it's best to use a line chart for a clearer view of price movements.
- Forget about take-profits, stop-losses, or lot configurations—this tool keeps things straightforward.
- You can only open one position at a time, which means no juggling multiple trades.
How to Use SimSim
Getting started with SimSim is a breeze. Just follow these simple steps:
- Set your inputs, including the starting bar and cycle speed (we recommend at least 2 seconds).
- Click Long to enter a long position.
- Hit Short to open a short position.
- Click Close to exit your current position.
- Use Pause to take a break during the simulation.
- Click End to manually finish the simulation whenever you choose.
- Keep in mind that the simulation will automatically end at the last bar.
- At the end of your session, you'll receive an alert showing your net profit or loss.
With SimSim, you can practice and polish your trading strategy without the pressure of real-time trading. It's a fantastic way to build your skills and confidence. So why wait? Dive into your trading practice today!
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