Chart Master is a trading simulator that enables users to refine their trading skills through the use of historical chart data.
Key Features:
- Fast-forward through historical data, allowing for a quicker assessment of various trading strategies.
Learning Opportunities:
- Develop your own trading strategy through trial and error, encapsulating the fundamentals of trading.
- Analyze the techniques of top contestants to gain insight into effective decision-making.
- Test popular strategies demonstrated by influencers and evaluate their actual effectiveness.
This platform serves as a robust educational resource for beginners who may lack prior investment knowledge.
Compatibility with Various Markets:
Chart Master supports backtesting for Forex, Futures, Cryptocurrencies, and Stocks. The dataset includes stocks from the S&P 500 as well as various national exchanges across Europe, India, South Africa, the UK, and Japan.
Day Trading Training:
The app accommodates day trading by providing Forex data with timeframes as short as one minute. User feedback is welcomed regarding additional timeframes or datasets to incorporate.
Functionality Compared to Demo Accounts:
Unlike typical demo accounts that may lead to disinterest over extended periods, Chart Master offers the unique ability to replay market movements and apply game plans in a fraction of the time. While this may lead to frustration due to losses during practice, it is a safer alternative than risking real money.
Educational Value:
The application does facilitate learning in trading, although mastery requires dedication and time. It does not guarantee success against advanced trading algorithms; however, those who commit to consistent practice may find themselves among the select group of traders who can generate profit. Users will also gain awareness of the risks involved, particularly in high-leverage markets like Forex and Crypto.
Pricing and Subscriptions:
Chart Master is available for free, with an optional paid subscription that removes advertisements and provides access to additional timeframes and historical data.
Terms of Use
Overview
Chart Master-Trading Simulator is a Freeware software in the category Business developed by Michal Drapiewski.
The latest version of Chart Master-Trading Simulator is 2.8.15, released on 12/31/2024. It was initially added to our database on 12/31/2024.
Chart Master-Trading Simulator runs on the following operating systems: iOS.
Users of Chart Master-Trading Simulator gave it a rating of 5 out of 5 stars.
Related products
Latest Reviews
Address Book Recovery
Effortless Contact Restoration with Address Book Recovery |
|
Time Mysteries: Inheritance
Unravel Time in 'Time Mysteries: Inheritance' |
|
Harrap S Shorter Nv
A Comprehensive Guide to Language Mastery |
|
Time Mysteries 3 (Full)
Unravel Time's Secrets in an Engaging Adventure |
|
Les Brûlures de l'histoire
An Immersive Dive into Historical Trauma |
|
Time Master: Coin & Clash Game
Unleash Your Strategy in Time Master: Coin & Clash! |