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  1. #1
    AnthonyPek Guest

    Default Trading Simulation Application

    Hello,

    I am a student currently working on my final project for an MSc in Computing.

    For this project I am developing a Trading Simulation Application. This application will be aimed at novice traders, and will be a teaching tool for improving their understanding and confidence in trading whilst using fantasy money from a virtual account.

    I expect the application will be something similar to BullBearings, and will consist of basic charting, and the ability to trade on the London Stock Exchange.

    I would greatly appreciate some feedback from both novice and experienced traders alike in the following areas:

    • If you were able to create an application from scratch which would improve your understanding of trading, or the understanding of others, what features or requirements would you expect to see?
    • What elements of charting tools do you find most useful?
    • Are there features in other trading software which have been of use to you in this area?

    Any assistance with this will be much appreciated.

  2. #2
    AntonioTrito Guest

    Default

    Personally I find the following useful

    OHLC
    candlestick
    RSI
    Moving Ave
    Volume

    I think you could include stochastics but its not something I have really used previously but something that I am looking into using. I personally prefer setups and trading those.

    One thing of interest might be comparing your simulation to a random number generator. Someone I used to work with had one and the trends and graphs that came out of it looked exactly like stock patterns but the numbers were all random. I guess he must have tweaked it to be within certain standard deviations of the previous number but getting people to trade a random number generator could also be useful.

  3. #3
    Antonantal Guest

    Default

    It would be really entertaining if you could create it as a game so could play against someone else doing the same thing.

  4. #4
    Antibioticshix Guest

    Default

    Thanks for your replies, especially on the charting patterns. Despite this being an academic project, I will developing the application as a kind of fantasy trading game. I will eventually be looking for some traders to use the application. I'll post a message back here when it's ready. Maybe you could give it some constructive criticism?

  5. Default

    The trick is ofcourse to make it profitable.
    Regardless of trading tools selected this cannot occur
    (Profitability) without a positive expectancy.
    Most think its the method of trading that makes the profit.
    Those making a profit realise that this is only part of it!

 

 

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