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Why Trade in a Simulator Account?
You should never start your day trading career with real money. You need to sign up with one of the brokers or platforms that provides you with simulated accounts with real time market data. Some brokers give you access to delayed market data, but don’t use those. You need to make decisions real time. Most of the simulated data software is a paid service, so you need to save some money for that software.
There are many things that you can do to speed up your day trading learning curve. But you unfortunately cannot make the learning curve disappear. Trading in a simulator account is expediting your learning curve exponentially. One day of trading in a simulator can be worth weeks of training in real accounts or offline.
We offer new traders a 3-month simulator package for $150 per month. We are using DAS TRADER, the NASDAQ Platinum Certified Order Entry Platform, for simulated trading. DAS is the best available platform for trading. We do not believe in simulated training software that is not reliable nor designed for real trading. Of course, you do not have to buy the package from me. You are welcome to purchase the package from DAS directly at the same price or look for other simulator services online. However, packages sold through my website include classes, my Hotkeys, and my platform layout and, of course my support.
If you use a simulated trading account for 3 months and trade only with simulated money, it will cost you just $450. This is the cost of a proper education. If you are seriously considering day trading as a career, it’s a small expenditure compared to the cost of an education for a new profession. For example, imagine that you want to go to school to get an MBA – it will easily cost you over $50,000. Likewise, many other diploma or post-graduate programs cost significantly more than the education required for day trading.
As part of your Pro or Platinium Plan memberhsip simulator traders have access to both live classes and their recordings.
3 Months Real Time Simulator Training
$25,000 DAS Practice Trading Account Includes:
Real Time NASDAQ TotalView Level 2 Market Depth (no Forex or Options data)
Andrew’s Hotkey Settings for Quick Orders
Andrew’s Platform Layout
Onboarding Session and DAS Introduction
Live Educational Classes with Andrew
Access to Recorded Educational Videos
Recommended System Requirements
Processor: 2.4 GHz or higher (dual core or better)
Memory: 4 GB of RAM
Operating System: Windows XP or later (Mac users, please see note below)
Resolution: 1024 x 768
Solid State Drive (SSD): 300MB free space.
NOTE: DAS is a Windows based program. If you are planning to use a Mac, you may use Parallels specifically designed to address DAS Trader Pro Mac/Windows issues. Please visit their website for more info.
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.