Trading Simulation Application

[gr000va]

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. 😀

 

[Verno]

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.

 

[Tuffty]

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

 

[TWI]

http://www.marketskillbuilder.com/index.htm

Is this the kind of thing? Just found this via Google.

 

[gr000va]

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?

 

[tech/a]

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!

 

[lindapret88]

This is an interesting post.. thank you for sharing



taux pret auto

 

[davway]

Any update on this project?