What is RapidSP daytrading simulation
RapidSP trading simulator software is a powerful
yet intuitive and easy to learn tick-by-tick day trading Simulator
for currencies, futures, stocks and ETFs. It will allow you
to trade these instruments at a speed of your choice without
risking a penny in the markets.
You can download and use the RapidSP day trading simulator
for free and explore your chances of succeeding as a daytrader.
You can also download years of tick data for many instruments
for free. RapidSp incorporates 100+ technical studies, oscillators,
line studies, price styles along with simultaneous view of
multiple time frames, rewind/ff and host of other features.
allowed me to live and work at place of my choice and enjoy a life
style I always wanted. Simulated trading with RapidSP gave me confidence
to take a shot at daytrading"
-Randy Dumas, daytrader, Hawaii
with RapidSP daytrading simulator was an eye opener. With Tick-by-tick
daytrading simulations I could daytrade all I wanted, as long as
I wanted, as fast as I wanted ... without putting any money on line.
I realized critical mistakes in my daytrading that I would have
never realized in practicing at market speed"
-Jay Freeman, daytrader, U.K.
trading simulator list of features
Trading and RapidSP Trading simulator FAQ
Use RapidSP ?
is dedicated to daytrading simulation tools. Years ago we could
not find a daytrading simulator robust enough to meet the requirements
of professional daytraders. It seemed as though literally all trading
simulators out there were developed either by charting companies
or by brokerages. The reality is that charting companies know very
little if anything about real world daytrading and the daytrading
tools produced by brokerages designed as a tool mainly to lure new
customers in. The majority of daytrading simulators offered today
have very little usability. Back in 1999 we decided to create our
own daytrading simulation tools to meet the needs of professional
daytraders. Now several years later, RapidSP is a very well refined
daytrading simulator that thousands of daytraders and students use
every day. Many Universities, individual traders, hedge fund managers,
CTAs and large multinationals such as BP as well as U.S. government
organizations such as Federal prison educational dept. use our product
on a daily basis.
the simulator can help you?
simulator is part of our recommended 6 steps to daytrading. Please
this short article to find out where the simulator fits into
the recommended strategy to learn daytrading.
trading returns can be positive whether market is rising, falling
or going nowhere. Day trading can be setup as a part time or a full
time business. It holds the potential to offer financial freedom.
Daytrading simulations with RapidSP simulation software give you
the required daytrading experience risk free at your own convenience
are the cons?
with any other career this is not for everybody. Mistakes while
learning can be very costly and learning curve may be very long.
RapidSP daytrading simulation software can make this process easy
and risk free.
the experience gained trading one instrument, help me in trading
markets such as stocks, e-mini, currencies, commodities or other
Though daytrading is somewhat market independent, you should practice
with instrument that you would like to trade with ultimately. The
mechanisms that move markets are different for different markets
and the price action that results is also different.
effective RapidSP is in learning to daytrade?
daytrading simulation software allows daytrading simulations that
are close to reality. The software helps you develop your own trading
strategies. This process can’t be computerized or can't be
boiled down into few entry/exit rules. Please read the article 'Why
daytrading systems fail' on this site for more information.
Does the software provide market entry/exit
points as the trading day progresses?
are quite a few articles on this site that discuss entry/exit strategies.
The RapidSP trading simulator comes with over 100 technical indicators,
line studies and price styles. You can use many of these or combinations
of these to come up with entry exit points.
I develop instincts for day trading?
day-trading simulator is designed for this purpose. The trading
simulator will help you gain years of day trading experience in
much shorter time duration with no risk. With enough practice your
mind will learn to apply many rules without you being specifically
aware of them to provide you with good decision making skills and
How this trading simulator software is different
than most other trading systems/simulators on the market?
day trading simulator is not trading system. Most trading systems
use a rule-based approach to generate entry/exit decisions. The
rules themselves are derived from historical data. The real nature
of market is much more complex. Using trading systems to make trading
decisions is similar to trying to teach a computer to drive by giving
it a set of few rules. In reality, good driving or trading is achieved
more by instincts that are developed with practice. Most of the
trading systems fail to address the complex and chaotic nature of
trading markets and try to generate buy sell decisions based on
few rules. RapidSP works with you to give you very close to reality
trading experience at a pace you choose.
long should I practice day trading with the trading simulator software?
This trading simulator software offers you the best tools as of
today to learn futures day trading. Day trading futures market is
a difficult to learn process. Not everybody can be good at day trading
but if you have the inclination and potential, this trading simulator
software will develop the temperament and skill set needed to succeed
without risking any money in real market. You should practice trading
with RapidSP trading simulator till you develop enough confidence
in your trading abilities. As a rule of thumb, you may not want
start day-trading real markets until you see some positive results
over few years of simulated trading which should take few weeks.