Stock Day Trading Practice Session with Forex Tester Online (Key Features and How to Use)

This video looks at using Forex Tester Online software to practice day trading (or swing trading). Forex Tester Online allows historical data in stocks, ETFs, currencies, crypto and futures to be downloaded and then traded as if in real-time, with second-by-second data. Place trades, rewind, fast forward, automatically track statistics, trade multiple assets at the same time, and more.

Access the software here: https://bit.ly/FXTONLINE

In this video, I create a project and download historical data for the stock BAC (Bank of America) going back to 2018, and then day trade a 1-minute chart. I discuss some day trading tactics as well as show key features of the software.

You can day trade or swing trade a single asset or multiple assets at the same time. Choose your time frame, account balance, and trading conditions.

Check it out: https://bit.ly/FXTONLINE

The only downfall I find with the software is that it is easy to get filled. If the price touches your level, you are filled. It doesn't quite work that way in the stock market. You could be sitting at a level and the price is there, but it doesn't fill you (if using a limit order). In other words, conditions are slightly easier than under live conditions. And of course, psychology plays a big role when real money is on the line, which a simulator can't replicate

Cory Mitchell, CMT
https://tradethatswing.com/ - Loads of resources on trading stocks, forex, ETFs, day trading, swing trading, and investing

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Disclaimer: Trading involves a substantial risk of loss. It is possible to lose more than deposited if using leverage. There are no guarantees of success. Trading is a difficult task to make consistent money at; only a small percentage of people who attempt it can make income from it.

I use the software and enjoy it. The link above is an affiliate link, as I believe in the software and want to endorse it.