Any Good Free Papertrading Site or Software

Do you mean simulator?

You could try the DAS one at alliancetrader

You could try QuoteTracker (plugging in numbers using edit --> portfolio)

The above are for stocks.

I haven't found any simulators for futures. (But if you find one, post it here.) I did find a free trial account at IB Direct for futures, and they have a real-time e-min chart, but you would have to write down your papertrades on actual paper.
 
Just a FWIW thanks to IB for giving account holders the "paper trade" account.

I've been testing some new futures systems on it. Super useful, but you have to be VERY rigorous, like always, and treat it like a real account.

I log the details of each and every trade in Excel and take pains to make sure I do exactly what would be done with real money. I take profits at the targets, and losses at the stops. Add in some slip and commish, suppress emotion...and viola - darn near real!

Since I have been trading hundreds and hundreds of stocks, over thousands of systematic trades (with a real account! I'm in the market every single day), I have the experience to make this work.

Hmmmm, but when I go live with the futs sys and I'm down 37 points, will I be able to toe the line? You bet! :cool:

Systematic trading + proper backtesting and paper trading = Works For Me.

Good trading to all. :)
 
Quote from TenaciousDoll:

Thank you so much. I appreciate it! I just signed up for the pfgbest simulator, and will try toe zerolinetrader one after the first one runs out.

While you're at it also try http://www.buttontrader.com/
It is made for futures by real traders.
You can simulate on recorded data or connect to your live-TWS/IB and use actual realtime data for simulated trading. It's free, real-account simulation needs registration.

Ursa..
 
If you have a IB account you can use TSim+ by tradingsimulation.com for futs and stocks and you can use it for live trading also.

tradingsimulation.com
 
Back
Top