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paper trade

  #7 (permalink)

Roma Italy
 
Trading Experience: Intermediate
Platform: ninjatrader
Broker/Data: Webank
Favorite Futures: Emini, currency, Crude CL
 
Posts: 10 since Jan 2018
Thanks: 4 given, 7 received


MiniP View Post
https://ninjatrader.com/FreeLiveData enter your info and download NT7 or NT8 and go from there great place to start sim/paper trading , and theirs TONS of info on the this forum about how to use both platforms.

To me a major difference is that while in demo trading you are actually trading live market data (so to demo trade one daily session you will have to sit at your PC for the whole day) in paper trading you can speed up time by a factor. NT8 let's you replay market data, that are live market data of the past that Ninjatrader replays at various speed (1x till over 1000x). In my opinion this is a major plus as you can make better use of your practice time.

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