Cyber Corp trading simulator

S

Splat

Hi,

I was trying to understand the Level II using Cyber Corp
trading simulator. Using WCOM I am able to go long
1000@4.00 even though the best ask is 8.91. Also I can
now sell those shares at 18.00 even tho the best bid is 8.98.
How is this possible? I realize that I am using the simulator
and that in the real world I can only buy if there is a seller
and sell if there is a buyer..

Appreciate some light on this :-)

Confused,


Splat
 
The cybertrader simulator does not take into account price when executing your trade. Meaning that you can basically enter any price and there is a fixed probability that your order will be filled. The simulator is just for you to get familiar with the software and isn't meant for simulated trading.
 
HTrader,

I see ok thanks for your help. I had read that the cybercorp
simulator was the most realistic. WHat I had read of Level II
was contrary to what I had experienced using the simulator.
What you say makes sense.

Regards,


Splat
 
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