I'm a developer and have created my own trading simulator for trading cryptos. I can confirm all the things said in this video. Simulators are awesome for learning how to trade and especially optimizing your system.
@khantrading18702 жыл бұрын
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@AyratHungryStudent3 жыл бұрын
Never heard of trading simulators before. What a simple yet genius idea!
@khantrading18702 жыл бұрын
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@aa1944-k2r Жыл бұрын
are you a bot?
@DavidSkerritt3 жыл бұрын
Great video Nicholas. You are right the simulator is good for a while but It won't let you experience the emotions of having real money on the line. I scalp the ES exclusively. The leader off our trading group told us many years ago, "If you are worried about losing $100 (i.e. 2 points in the ES with 1 contract) and it really bothers you to risk that, go do something else". Years later I understand. You have to be willing to accept the risk of losing money and you can't be perfect.
@Duomoinitiative3 жыл бұрын
Yeah, you're right there David! ~ Nicholas
@khantrading18702 жыл бұрын
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@Duomoinitiative3 жыл бұрын
🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining 🔹 Add us on Instagram: instagram.com/duomoinitiative/ 🔹 Our second channel for financial news and analysis: kzbin.info
@glowofdark3 жыл бұрын
is trading view back testing good.... i am currently practicing in this
@elsins97903 жыл бұрын
This is more backtesting based. It is no real trading simulator.
@Duomoinitiative3 жыл бұрын
I mention in the video, it's good but limited compared to the simulator. If you want to replicate a trading session as closely as possible without needing the live markets then a simulator is your best option. ~ Nicholas
@carykiest69542 жыл бұрын
This is the exact same process I went through ~20 years ago when learning to fly airplanes, using MS Flight Simulator along with all my actual maps and instrument charts. The pros and cons were a 1:1 match with what you've identified here, and it dramatically sped up my learning from the safety of my home office. Having that experience in my background, I'm a bit embarrassed that it didn't occur to me until seeing this video that I should do the same to improve my trading. Thanks Nicholas! Best idea I've heard in quite a while...
@khantrading18702 жыл бұрын
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@leonsouthe17423 жыл бұрын
What are the odds I was thinking about something like this today , wondering were to start looking, thanks Nicholas
@Duomoinitiative3 жыл бұрын
Great minds think alike! ~ Nicholas
@khantrading18702 жыл бұрын
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@solidpeace461 Жыл бұрын
I am not sure if this has been asked and answered yet - i trade multiple time frame analysis - can you confirm / show screen shots or video of how this would look on screen? Any comments on using this particular simulator for multi time frame anlaysis?
@janiszurilo62153 жыл бұрын
does this simulator works only for forex or I can use it for other markets like daxx and s&p 500?
@realbrianh3 жыл бұрын
go to their website
@khantrading18702 жыл бұрын
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@JonJon-dk3nh3 жыл бұрын
Fantastic suggestion. Thanks
@khantrading18702 жыл бұрын
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@srdjanvukovic3 жыл бұрын
Any recommendation for something other than Forex trading?
@JonJon-dk3nh3 жыл бұрын
Cake decorating
@denizerturk42393 жыл бұрын
I learn something very helpful in your every video.
@Duomoinitiative3 жыл бұрын
Thanks Deniz! Glad the videos help. ~ Nicholas
@khantrading18702 жыл бұрын
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@meselpetros32473 жыл бұрын
Hi . what would you recomend for a beginer? I am skeptical about binary trading ...
@Duomoinitiative3 жыл бұрын
Stay away from binary trading! That's my advice. We have free training and lessons linked in the description, the best recommendations I can give are in that. ~ Nicholas
@meselpetros32473 жыл бұрын
@@Duomoinitiative thank you
@SayAnytime2 жыл бұрын
@@meselpetros3247 I agree Binary trading is more a scam than anything else. Take time to learn and find your way, and specially discerning scams from real opportunities.
@khantrading18702 жыл бұрын
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@rtnarayanan Жыл бұрын
Sierra Chart is good
@RamAditya47743 жыл бұрын
THANK U DEAR LOVE U :)
@khantrading18702 жыл бұрын
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@mariosam23 жыл бұрын
trading in a demo account is not soo good. I am on a demo account and also have a real account but i am afraid to place trades on the real account. Meanwhile my demo account with low risk keeps growing. I must go over my fears.
@dependent-wafer-1773 жыл бұрын
So you mean you're scared of placing a trade with a $1 risk??? See where I'm going? You're scared probably because your risk is way too high.
@mariosam23 жыл бұрын
@@dependent-wafer-177 i guess yo u are right, i must go slow and low in the real account.
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@eriquemuziq62182 жыл бұрын
God sent. Thanks
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@naturewins13212 жыл бұрын
love the content!!!!!!!!!!!!!!!!!
@khantrading18702 жыл бұрын
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@anelenongcula12073 жыл бұрын
Nicholas been pumpin' some iron yeah
@Duomoinitiative3 жыл бұрын
😂 still on the summer cut, not into the winter bulk yet! ~ Nicholas
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@wanangwankhoma67792 жыл бұрын
Hey Nicolas How can I pay for the simulator? Soft4X
@Tanohowusu3 жыл бұрын
Where can one get this simulator?
@Duomoinitiative3 жыл бұрын
Sorry, late reply, but the link is in the description. ~ Nicholas
@khantrading18702 жыл бұрын
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@milesvanrothow20673 жыл бұрын
No fear or greed.
@guyredares3 жыл бұрын
and no stop hunts
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@mgsparky88703 жыл бұрын
Can't you just use brokers demo account? They run on current market. Just fake money.
@Duomoinitiative3 жыл бұрын
You can, but as mentioned in the video it means you spend a lot of time waiting for trades. When you're learning this isn't always the right environment if you want to improve quickly, experience more situations and avoid forcing your trades. ~ Nicholas
@khantrading18702 жыл бұрын
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