Bitcoin Forum

how does trading simulator works? should I try it before doing real trades? does it really improve my trading skills? If it does really help where should I try it

what you mean by trading simulator? If you mean trading bots then yes there some bot which help you in automatic trading. These are just software programs that use rules to recognize trends and automatically execute your trades trades.

Almost all exchanges have some kinds of bots. You set buying and selling rates and if price drops or rises to your set price transaction is initiated automatically.

However there are some specifically designed third party bots also for example Gekko, ZenBot  adn CryptoTrader i heard the most. But use it very very carefully as your giving your powers to a software sudden flashes can crash your investments in seconds.

Also it would not be like you setup a bot and sleep and after few days you will be millionaire. You need a constant monitoring and you should remember all the rules you set.

Again trading is a complex business specially when do a day trading and it's always better do it yourself.

Some are a bit different from the rest but there's always a tutorial.

I see no harm in trying. It should (normally).

A simple google search, lead to the following (more can be found):

1. Coins2Learn (https://coins2learn.com/)
2. Bitcoin Hero (https://bitcoinhero.me/)
3. Altcoin Fantasy (https://altcoinfantasy.com/)
4. CoinMarketGame (https://coinmarketgame.com/)
5. Whaleclub (https://whaleclub.co/)
6. CPayToday (https://www.cpaytoday.com/trialbitcoinexchange/)

Take note: I haven't tried the above simulators.

I do not think that this is how you will learn something. It is better to trade real assets, only not in large quantities. Whether  it is possible to simulate unpredictable behavior of a cryptocurrency market

LoL i thought i have learned everything from trading but didn't actually thought this simulators existed, no the actual idea of a trading simulator didn't even crossed my mind luckily i know now thanks for sharing. Simulators don't harm anybody but could mold a guys thought of trading and copying those exact moves he did on simulation to real trading and could lose so much potential money. As I've said from my previous post nothing beats a real ones than simulations the unpredictable fluctuations on real time trading couldn't actually be copied by simulators.

one of the advantages of doing a trading simulator is the best thing to do real trading. With your trading simulator as if you can go back to the past and feel the movement in that time. the technical indicators you use will also move dynamically in accordance with the price movement at that time. simulator trading, you can find programs that can be installed to MT4 on the internet or from an integrated market. With MT4, one of the simulators used is MNZ trading sim.