Your thoughts On the crypto trading simulator?

[tulusikhlas]

I haven't tried that, well I think trading simulator is good to test your strategy and skill in the market but we're not sure how accurate it is not unless we really do it in the actual trading which is much better since we would really test it in the actual trade. I was curious about the crypto parrot I'll give it a visit.

Maybe just for an overview and some further introduction to trading. no need to make it a serious trade, just as a focus where at any time find the same moment in trading. Slightly effective to apply depending on how precise the mastery you have. Indeed, nothing is 100% as predicted but we can hone our skills so that beginners are more accustomed to interacting with price movements.

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[LUCKMCFLY]

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

What are your experiences and recommendations?

The truth is that I did not know that such a service existed, but the best thing I can recommend is that if you want to learn much more, you should start trading but in an Exchange preferably that has fictitious money trading, because that way you will understand and You will have access to all the tools of the Exchange and you will be able to apply the strategies, if you lose it does not matter, you are gaining experience and also learn to handle the tools offered by the Exchange very well, which, for many newbies, represents losing money by not knowing how to use it well a Stop Loss, or stop limit.

[Peanutswar]

Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.

[MrcMrc]

Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.

My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.

[Taskford]

Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.

My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.

If you have doubts toward the site offering free simulator then don't try to deposit any amount to test out with real money since for sure we cannot assure our safety towards the platform we try but also if someone ask a payment regarding on the signal they give to you and claim they are the best coach existing around then never believe on them since you can learn those things by yourself and there are so many free tutorial available around so its no sense paying any single trading couch just to get signals.

[dothebeats]

This is actually a good training ground for those who want to try crypto trading without thinking of the risks associated with it. They can try to make decisions based on what others predictions are, or decisions based on what they think is the best move possible at a given moment before they decide to take it and close it. I know there are some brokers of stocks that do this on their own platform, but haven’t heard much for crypto counterparts. It’s a good sandbox environment to make mistakes and learn from the said mistakes without having to worry about losing money.

[Fatunad]

Base on my experience there's nothing wrong with this because this might help the newbies to discover and explore to the world of trading, of course, this is just a simulator still the knowledge of the traders are required to analyze and train themselves to make a trade. Trading simulators might give benefits to them but again still in the world of actual trading the risk is there they need to use their own money. In some instances in demo trading there's no fear of losing your money but in actual trading, the trader might experience different emotions and douts to their trades.

My point exactly there is nothing wrong if one can get a trading stimulator as it help guide the beginner to maximize the advantage of trading and also avoid mistakes that are associated with newbies in trading such as emotions. But my my most concern is if there is a working trading stimulator as I have not seen any most of the trading signal services always turn out to be scam at the end.

If you have doubts toward the site offering free simulator then don't try to deposit any amount to test out with real money since for sure we cannot assure our safety towards the platform we try but also if someone ask a payment regarding on the signal they give to you and claim they are the best coach existing around then never believe on them since you can learn those things by yourself and there are so many free tutorial available around so its no sense paying any single trading couch just to get signals.

You do have your own free will on making out decisions on your own because using up your own common sense would really be enough to consider out on what things are shady and what things are worth to try.
Simulators are good if you do know on what you are doing or just simply good for you to practice on but if the time that these simulators are doing some shady stuff then thats the time you would really be having
doubts.Dont join up with those so-called paid signal groups because most of them are just scams or just really a waste of money for you to follow on.You can make your own trading analysis or decisions
basing up with your own and all resources could really be found online for free.

[fullhdpixel]

Even though there is no 100% working trading signal, there are several platforms that offer a crypto trading simulator, e.g. crypto parrot 🦜 which offers such services to enhance crypto traders’ skills and development that guarantees trading profits. I have not tried it out but will like to hear from users who have used such services in crypto trading.

If you are not sure about what you should do, it is a free thing in most places. It is just a demo, go check one out and do it, if you like it then keep doing it, if you dislike it then do not do it. It is all up to you and how it makes you feel, nobody forces you to do anything you do not want to do. I personally like them, for example the first one I got into was investopedia stock market challenge, it has been nearly 12 years and I am still checking it monthly, I have made a not bad return for a long time, now I am not doing as well as I hoped but the market wasn't that great neither to be honest. Hopefully it would be wise to keep doing it and learning because I can't stop, but you should do whatever makes you feel better.