Fully featured Stock Market Simulator
Paper-Trader Features
Paper-Trader is a fully functioning Stock Market Simulator that behaves just like the real market. You have real Stock Prices for Real Stocks, you select and Place Trades just like in the real world and money flows in and out of your Paper-Trader Bank Account just like in the real world.
It's as if you were trading for real, except that you're not using real money. Learn and practice simple trades, right through to complex trade series including Stocks, Options and CFDs.
Even use Paper-Trader to backtest your trading strategies, or test new strategies you discover, to see how good they really are BEFORE risking your real money.
Select from multiple Stock Exchanges including NYSE, AMEX, NASDAQ and ASX. FTSE being added soon.
Take a look at just some of what you can do with Paper-Trader Stock Market Simulator...
Switch between daily, weekly and monthly charts. Download data from Yahoo Finance (free) or from a paid subscription service. Any CSV data service is normally OK.
View 52 week high & low, volume, put & call options, option theoretical prices, delta, expiry & strike etc. Download data to update your watchlists with the click of a button.
Change brokerage, clearing house fees, option value calculations for each exchange. Set the Research link URLs that allow fundamental research including Company Profile, Financial Summary, Headline News etc.
Change the data download URL for each exchange. Use the standard free Yahoo Finance service or a custom data service.
Comes standard with Covered Call, Bull & Bear Credit Spreads, Naked Puts. Add you own strategies with the Strategy Builder. Each strategy can have up to 4 option positions and 2 stock/cfd positions ie a total of 6 positions.
View the payoff diagram for individual positions and for the complete strategy. The financial analysis of your trade is done automatically including Income, ROI, Breakeven analysis. Executing your trade sends it to the appropriate stock exchange module; just like in the real world.
See stock and option values change, monitor the profit/loss of your trade and make decisions about your trade just like in the real world. Close individual legs of your trade or close the whole trade, roll the trade or let it run.
The Exchange Modules automatically pay dividends, exercise and expire options and provides notifications to help you along the way. It gives a countdown to option expiry, dynamically shows breakeven points, option time and intrinsic values etc.
Note: Time Travel is only available when trading in Historical Mode. Time Travel is not available in Live Mode because in Live Mode you are trading with today's prices. In Live Mode, Paper-Trader automatically advances it's date when new data is downloaded.
Switch brokerage on and off to see the effect of brokerage on your trades. Save your trades for later review. Enter your real trades to store and analyse them, either immediately or later.
Returns all the stocks that meet your criteria for the strategy you've selected. Add strategies to the Scan Module using the Strategy Builder.
Select from the hundreds of stocks already pre-programmed, or add a custom stock.
Arrange your watchlists into what makes sense for you. Arrange by exchange, by sector, by stocks of interest or whatever you want.
Includes NYSE, AMEX, NASDAQ and ASX stocks.
This let's you build butterflys, straddles, strangles, calendar spreads etc. Set the distance of legs from the stock price as well as the expiry timeframe. All strategies built with the Strategy Builder automatically appear in the Broker Windows and Watchlist Scan Windows.
Change Paper-Trader's behaviour on startup, set the data download preferences, stock research preference, how the strategy buttons work, what notifications you want etc.
Paper-Trader
is a revolutionary stock market learning tool. Whether you're a
novice or an experienced trader you can use Paper-Trader to
accelerate your stock market learning.
Order your Paper-Trader now... Buy now
I can do a dozen complete trades in an afternoon! This fantastic program has accelerated my learning exponentially
and has given me more confidence in the market. Thanks Richard!"