Hi all, is there anyone using Chartgame.com to train for price action?
If yes, did you see any improvement in your discretionary trading?
Regards
R
No but I just will be having a go, I just took a quick look!
I love anything new, thanks for letting us know! 🙂
Ha, just made £558 in two bars!!! Best Game in Town!!! 🙂 🙂
4 bars later, felt it was stalling so closed out with over £550 profit … love the money till sound when you win!!!!
Got to get a loss now to see what the sound is for losing!!!! 🙂 🙂
I can’t lose!!! 🙂
You reckon its like binary trading trying to lure you in on a Demo platform or am I a born manual trader, but too shit scared to follow my instincts 100% in real life and that’s why I’m broke!!! 🙂 🙂 🙂
(I’m not really broke)
Ah ah ah you are very good at it… I’m losing money.
Even if this is not as good as paper trading or real money, I think it is a good exercise to speed up some instinct behaviour… what do you think?
Yeah I found it addictive, I won another full game after above, another 4 trades all winners! I had to switch off as I had stuff to do! I’m going to get my grandson on it!!! hahahahha
What is annoying is that I can’t see what instrument it is … it looks like I should be trading it Live!!! hahaha
Players get to see the instrument symbol at the end of the game … logical else we could look back at historic trades and be a virtual billionaire! 🙂
It’s getting boring now … I tried swing trading for a change from Intraday! 🙂
Oh my God 🙂 what technics are you doing?
Cheers
R
I just played my first few trades in a test game swing trading. It seems a bit easy. If only real life trading was so easy!
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Played my first full game. Still seems a bit easy! Not a single losing trade but 10.65% profit over two years is not much to jump up and down about.
Maybe a beer and two glasses of wine didn’t help – or maybe it did!
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Second full game went a little better. I’ll stop posting them now unless I get a loser!
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Can’t see the point in providing easy games for beginners as there is no charge involved … yet!! Maybe if it gets past beta they will charge?
I had same experience and it does seem to get harder after about 5 or 6 games, but I put it down to me concentrating and trying harder and trying to to use the few Indicators there are? Whereas on my first few games I just used pure price action / bars only.
I’ve gone back to Price only with just a slight influence by MACD and performance is going back up.
Anybody know of any other similar Trade Simulators where (like chartgame.com ) one click provides the next bar (as opposed to waiting 5 min for a 5 min bar etc)?
10.65% profit over two years is not much to jump up and down about.
It can’t be over 2 years as you will only have clicked < 100 times (I’ve never counted) on a daily TF??
I think the Date Range – 2 years (you refer to) is the range they randomly choose the Instrument from? Forum discussions back this up.
I was assuming that the date range shown in your results was the date range you just traded over.
Anyway I spoke too soon and got a margin call on game 8 on the sort of stock that I would never trade. Luckily the games bank manager seems very generous with 0% loans!
Bored with it now…..
I think it’s good … how else could we try out a new strategy in about 10 mins over 100 days or so of Chart / bars.
I just tried holding for no more than a day or few, exit as soon as decent profit!
Does this work in real trading? Maybe on that particular instrument over that date range!? 🙂
Attached two images are both trades on the same game and it has not ended yet! 🙂
Looks like I need to enable my PRT Live account (than start losing again!) 🙂
All the wins have to be to do with there being no fear (in the game) to stifle instinct??
All the wins have to be to do with there being no fear (in the game) to stifle instinct??
Exactly – we are all heroes with pretend money. When you are doing it with real money then a little corner of your brain makes you not place the trade or close it to early or hold on too long because it might come good because you can’t stand to be wrong.
I think if I could play the game on the same market it would be better than throwing random markets at me – or maybe I just need to click through the markets I don’t like the look of (you get a more historical graph at the bottom) and place no trades. It is the gaming/gambling instinct to think that you always need to place a trade whereas non gamblers only place trades when they know the odds and probability is with them.
