Trader Game vs Forex Trading Guide Calculator

Quick way to train up your trader’s mind set. *All data based on real forex data, in order to train up user's trading skill. In this game, you will learn the following things without risking a dime of your own money. The importance of money management. The importance of discipline and experience the consequence of not obeying the rules. Develop your trading skills in no time. Review your trading behaviour, and find our which part goes wrong easily by viewing trading records. Fine-tune your own TA strategy and train it to become instinctive reaction. Test your strategy in different fields of the market, they are Stocks, Index Future, Forex and Commodities. Features: All the charts are anonymous. But all are real data, meaning it inherit the property of each category. Choose between 4 categories including Stocks, Index Future, Forex and Commodities. Easy to implement money management skill. There are no stop loss orders in this game. We design it in this way intentionally, because you need to learn stopping loss manually which is so important in real market. Don’t put your real money into the market until you at least doubled your account twice in this game. Are you ready to accept the challenge of becoming super trader? There are 9 levels of the game. Each level is a big challenge. 
 Level  1 (Beginner), Capital requirement  10,000 ,   Transaction Cost 0% 
 Level  2 (Novice Trader), Capital requirement  20,000  , Transaction Cost  0% Simply double your account to reach level 2. 
 Level 3 (Advanced Trader) , Capital requirement 60,000 , Transaction Cost 0% Double your account again and again, this is to make sure you are not double it by luck. 
 Level 4 (Experienced Trader)  , Capital requirement 200,000 , Transaction Cost  0.05% 0.5% charges will apply to each trade. That mean if you put $10,000 on a trade, $5 of transection cost. Some strategy only barely win will not work again in this level. 
 Level 5 (Master Trader) , Capital requirement 400,000 , Transaction Cost  0.1% 0.1% transection cost, which is close to some of the market in real world. If you strategy will survive in this mode, you are making good progress. And most likely, you are able to win the market. 
 Level 6 (Monster Trader) , Capital requirement 1,000,000, Transaction Cost  0.2% Start from 10,000, and now your account is 1M, this is 100 times of profit. That is not easy, you need event more stress training to achieve higher level. That is 0.2% transectoin cost. 
 Level 7 (Super Trader) , Capital requirement 2,000,000 , Transaction Cost  0.5% If you can double your account when 0.2% transection cost, how about 0.5%? 
 Level 8 (Insane Trader) , Capital requirement 5,000,000 , Transaction Cost 1% 1% transection cost is the maximum of this game. In real world, if you find your transection cost is more than 1%, your chance of winning is greatly reduced. First thing you can do to increase your profit is switching to a cheaper broker. 
 Level 9 (Holy Grail) , Capital requirement 10,000,000 , Transaction Cost 1% In real world, holy grail is not existing. But if you can grow your account 1,000 times, your strategy and your skill is proven to be extraordinary. We believe you are ready to hit the market!

The foreign exchange market (Forex, FX, or currency market) is the biggest global market – at its basic, it is a market for trading currencies. Forex is known as one of the most amazing investing and trading opportunities and also a very high-risk trading. If you want to have the ability to tap into this market, we will teach you all about foreign exchange trading. We will start from the very basic concepts, and step by step we will get to advanced forex trading strategies and sophisticated FX tools. This course consists of 15 fascinating and easy-to-read lessons Starting with the building blocks of the forex market and forex trading: Spot Trading - This trade represents a “direct exchange” between two currencies, and has the shortest time frame Forward Trading - One way to deal with foreign exchange risk is to engage in a forward transaction. In this transaction, money does not actually change hands until some agreed-upon future date Swap Forex Trading - The most common type of forward transaction is the foreign exchange swap. In a swap, two parties exchange currencies for a certain length of time and agree to reverse the transaction at a later date. Futures trade - Futures are standardized forward contracts and are usually traded on an exchange created for this purpose. The average contract length is roughly 3 months. Futures contracts are usually inclusive of any interest amounts. Option Trade - A foreign exchange option (commonly shortened to just FX option) is a derivative where the owner has the right but not the obligation to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date. Libor - The London Interbank Offered Rate is the average interest rate estimated by leading banks in London that the average leading bank would be charged if borrowing from other banks. It is used as a reference in the forex market. Forex Risk aversion - Risk aversion is a kind of trading behavior exhibited by the foreign exchange market when a potentially adverse event happens which may affect market conditions. This behavior is caused when risk averse traders liquidate their positions in risky assets and shift the funds to less risky assets due to uncertainty. Learn about tools and platforms in the forex market that will help you succeed, ibkr (interactive brokers) reports, oanda, myfxbook,octafx, forex factory, best brokers and forex reviews Forex Signals - Forex trade alerts, often referred to as “forex signals”, are trade strategies provided by either experienced traders or market analysts. The foreign exchange market – The entire currency exchange activity is estimated to be many trillions of dollars, 24/7 trading, and high liquidity markrt Investment Factors - theories that explain the fluctuations in exchange rates in a floating exchange rate regime (In a fixed exchange rate regime, rates are decided by its government) Economic Factors - economic policy, disseminated by government agencies and central banks, and economic conditions, generally revealed through economic reports, and other economic indicators. Political Conditions - Internal, regional, and international political conditions and events can have a profound effect on currency markets Market Psychology - Market psychology and trader perceptions influence the foreign exchange market in a variety of ways as we will learn more in this forex course. Trading Manipulation - A country may gain an advantage in international trade if it controls the market for its currency to keep its value low, typically by the national central bank engaging in open market operations. The People’s Republic of China has been acting this way over a long period of time. Technical Analysis – An advanced strategy to trade in the forex market as well as stock market. This is your opportunity to master the forex market, Download now!