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Old 08-20-2007, 08:10 PM
Bird of Fire Bird of Fire is offline
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Re: Which contract should a beginner trade?

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Unfortunately, the OpenECry OEC Trader simulator is one of those that is so "loose" that it triggers limit orders as if they were "market if touched" orders.

Pretty poor and shoddy implementation, IMHO. It suckers newbies into thinking that real world trading would match this performance - which, of course , it won't.

I did like the Transact AT simulator (same as Infffinnity) since they actually recognized this limitation and made certain that it either trades thru the level on the sim or sits in the queue for a period of time.

Your real-world expectations and experience may vary either way.
I find NinjaTrader's sim mode very conservative and probably the most realistic to live trading. In fact, I have entered orders simultaneously--real and sim--and the real get filled before the sim, so if you're having success in sim, you will have more in real mode.

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