Chart Master-Trading Simulator 2.8.15

Michal Drapiewski – Freeware – iOS
out of 4 votes

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Description:

Chart Master is a trading simulator that enables users to refine their trading skills through the use of historical chart data.

Key Features:
<ul>
 <li>Fast-forward through historical data, allowing for a quicker assessment of various trading strategies.</li>
</ul>

Learning Opportunities:
<ol>
 <li>Develop your own trading strategy through trial and error, encapsulating the fundamentals of trading.</li>
 <li>Analyze the techniques of top contestants to gain insight into effective decision-making.</li>
 <li>Test popular strategies demonstrated by influencers and evaluate their actual effectiveness.</li>
</ol>
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.

<a href="https://chartmaster.app/terms.php">Terms of Use</a>

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2.8.15

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