Sim or cash account?
KGTrader4 Paper Trading Journal - My Training Wheels
- Thread starter KGTrader4
- Start date
Sim
I own it in cash account not trading it long term money
That was my point. Sim fills might not be realistic.
Very very true. Latency and particularly the actual liquidity of the underlying will surprise a lot of extremely successful and enthusiastic paper traders when they first jump into live trading. That of course doesn't mean paper trading isn't important or that it is irrelevant. It is a NECESSARY part of a wannabe trader's training for so many reasons. But building a paper account up from $50k to $500k in a month or two (I did that) doesn't mean you will be a consistently successful live trader when you start playing for keeps. (I wasn't.)
If you had to pick one thing that was most different between sim and cash trading what would it be?
Why not? TD has the sim account hooked into the market inreal time.
I don't know, All I know is that in my experience sim trades give you better fills than real time cash account fills.
Might have something to do with bid ask or the fact that you are not actually participating in the market.
Toss up between psychological and order filling speed. Onr or the other, depending on the trader.
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