Day Trading Simulator – Get Your Paper Trading Account Today
When you start entering the trading space everyone will promise you one thing: making lots of money. And while it is true that you can make thousands of dollars per day trading the markets, it is unlikely that you will achieve this right from the beginning. So how do you go about becoming a successful day trader? Well, our students use a day trading simulator and a paper trading account to get there…
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Why Trade in a Day Trading Simulator?
Lots of new traders join the markets every single day. But the sad truth is that most of those lose all their money before they’ve properly learned how to trade – and would be ready to make $1000 or more per day.
Yet, some day trading beginners do learn to trade the market and go on to earn a more than comfortable living from it.
So what differentiates the successful traders from those that fail before they’ve even started?
A proper trading education.
For think about it: imagine you want to be a lawyer, or a surgeon – or take up any other profession that requires you to master a set of highly technical skills. Would you expect to be able to jump right into the OR and start cutting open someone’s chest?
Of course, you wouldn’t, but with trading the markets (i.e. just another highly technical skill), people do expect to be able to jump in and make lots of money.
That’s not how it works and that’s why so many beginning traders fail.
Fortunately, though, learning to trade the stock market doesn’t require you take a 3-, 4-, or even 5-year degree. Instead, you can learn to trade the markets in just a few short months. But you have to train at the right gym so to speak.
And the right gym, in this case, is a paper trading account.
What Is Paper Trading?
A so-called paper trading account allows you to trade the market without risking real money.
Essentially you’re seeing and doing the exact same thing as all other traders in the market, but once you hit that buy or sell button, there’s no money being deducted from your trading account.
Your order inside your day trading simulator will be executed and you will incur a win or loss depending on how your trade goes – but all of that is a simulated procedure.
So you will essentially have the real trading experience – thinking about your risk, determining the best entry point, punching your hotkeys – but without the risk of losing money. This way, you can practice trading until you’re comfortable and profitable (many of our students trade the simulator for 3 months) – and go live once you’re in a position to protect your precious capital or, ideally, multiply it.
As such, one day of trading in a simulator can be worth weeks of looking at static charts or reading books about trading.
Will Any Day Trading Simulator Do The Job?
Frankly, no! Or rather: it depends on the data.
For if you want to realistically practice practicipating in the markets, your day trading simulator should provide you with market data that is as close to the real thing as possible.
And some providers just don’t do that. They give you access to delayed market data, don’t provide pre-market movements or speed up the time frame in which stocks move.
Therefore, we at Bear Bull Traders recommend a day trading simulator that exactly mirrors the day trading platform that you’ll later use as a live trader. The platform is provided by DAS TRADER, one of the few NASDAQ Platinum Certified Order Entry Platforms.
With the DAS day trading simulator, the only difference is that DAS will be linked to a paper trading account instead of your real account at your brokerage.
This way, switching from practicing to trading with real money is as easy as pushing a button and changing your account inside DAS trader. And it changes nothing in terms of what you do or see inside your day trading platform.
We Don’t Leave You Hanging
Of course, a day trading simulator and a paper trading account don’t come free of charge – but we want to offer you something better than most trading communities out there.
Just like we’ve made the lawyer and surgeon analogy above, there is a cost to learning how to trade the markets. But just like there, too, it’s not nearly as expensive as a $50,0000 MBA or $200,000+ for medical school.
Instead, a 3-month simulator package for paper trading inside the DAS platform would cost you $150 per month, so $450 in total. That’s a package offered by DAS themselves and, of course, you do not have to buy the package from us.
But we realized that once our students had the day trading simulator, they still didn’t know how to trade. So we wanted to change that.
That’s why – alongside the 3 months inside the DAS simulator – we offer you access to the BearBull Traders chat room, Andrew’s classes, his hotkey files, his platform layout and his personal support. This way, you will not only get all the tools you need to trade – but learn the strategies to be successful in the markets at the same time.
Other trading communities charge much higher prices for their chat room, course or simulator alone. This is because we don’t earn anything on the simulator at all. Instead, we pass the price of DAS’s simulator right through to you and offer the chat room, the classes and the technical accessories at a very small price – because we make our money in the markets, not from you.
Get a Sneek Peak at Our Classes – Download the PDFs
Class 1: How to Use the DAS Platform
Our Students About the Day Trading Simulator Package:
Simulator Package Terms and Conditions:
Simulator order includes the DAS simulator package with NASDAQ TotalView Level 2, live classes and access to their recordings. You will be charged the full amount for 3 months ($450). You can cancel at any time, but no full or partial refund is available for this purchase because we must pay the full amount to DAS and the NASDAQ market data provider.
Please note that chatroom membership is not included in this package. If you wish to trade with us in the chatroom, you need to register for access to our chatroom. Please see our Membership Levels Pricing for additional pricing information. When you sign up, it may take up to 48 hours for us to contact you and set up your account. But do not worry, your 3 months do not start until you have access to your simulator.
Please note hypothetical simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under- or over-compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.