Monday, June 26, 2017

I find myself constantly beating the market when playing the Trading Game, how can I leverage this skill?

Hi, Maybe many of you already know the Trading Game at http://ift.tt/2lR6PaN

Basically each time it picks a random stock (which you don't know about at the start) and then it places you at the point in time where it was first traded on the market and then it goes fast forward through its chart letting you place buy orders as you see the stock chart progress.

Now almost every time I play it I find myself beating it, i.e. placing good buy orders and ending each game with a big profit. Of course, the game uses real stock charts!

I have been studying technical analysis and charts for more than 2 years now, so I know I might have developed an eye for it... but the thing is, when I do paper trading in the minutely/hourly/daily period I never do this good! I think I am really good at this game because it goes very fast, (it actually makes you experience something similar to scalping, which I 've never done in my life) and I think that the fast feedback from the chart somehow makes me understand the price swings better, making me place the right orders. I am talking about constantly making a 70% profit on any stock the game picks.

Now, do you guys reckon there could be a value in this? Could I leverage this "skill" or "eye" I think I have developed? Yes, you could say "just try scalping" but from what I understood so far, scalping is never available to beginners on trading platforms and only comes with big brokers that will ask you to start with a 15000$ account and I am nowhere near that ballpark.

Please don't say that I am required that kind of amount if I seriously want to go deeper into trading, I've heard that many times, but many times I've also read about people starting with amounts as low as $ 500. I would really like to know if there are serious ways to exploit this skill I am seeing in myself without investing that kind of amounts. Only thing I know is that my skill certainly goes in parallel with how fast the chart goes, while in real life the smallest time period I have access to for free paper trading account is 1 minute (using tradingview.com), which means the chart does not go as fast as it goes in the game and consequently and I am not as good as I am in the game in identifying the price swings.

If you want, the game offers a way to challenge other people, meaning I could post here a link to my past games and show you my performance and let you try to challenge it.

Sorry for the long post, please forgive me for my not so good English, I hope this makes sense and that at least some of you understood what I am trying to say and could help me understand what to do. Thanks a lot.



Submitted June 26, 2017 at 08:47AM by feelosofee http://ift.tt/2tMDVJd

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