Australian (ASX) Stock Market Forum

Chart game

Can any of the experienced traders out there please validate the usefulness of this http://www.chartgame.com in learning charts and responding to them. Eg does a good return here have any resemblance at all to the real world?

It is just a game merlinnn, although turning $10,000 into $102,009 in 28 trades is certainly possible in the real world. Thank you for posting it, and yes we feel it does have resemblance. :)
 
It is just a game merlinnn, although turning $10,000 into $102,009 in 28 trades is certainly possible in the real world. Thank you for posting it, and yes we feel it does have resemblance. :)

I think you can learn quite a bit from recording your results.
IE
Are you running your losses and cutting your wins?
Are you attempting to trade every set-up (I waved past many charts I didn't like).
What isn't apparent is position sizing and trade management.
Which can vastly alter results.
 
Total % gain +19.11%
Total days invested 12
Total number of trades 2
Equivalent daily gain* +1.468% +1.468%

:homer:

1.5% per day...if only!
 
Chartgame.com

If you do a Google / search on 'chartgame'
The first link is for Chartgame.com
Seems to me to be a great learning tool.
I am not sure how to post a direct link to this website.
Maybe some kind member can help.
 
Re: Chartgame.com

If you do a Google / search on 'chartgame'
The first link is for Chartgame.com
Seems to me to be a great learning tool.
I am not sure how to post a direct link to this website.
Maybe some kind member can help.

A few of us had a muck around with this a few months ago...fun way to kill a few minutes.
 
Re: Chartgame.com

I tried doing a search on 'chartgame' and only found this thread.
Can you direct me to the old thread please.
I would be interested to have a look.
 
Can any of the experienced traders out there please validate the usefulness of this http://www.chartgame.com in learning charts and responding to them. Eg does a good return here have any resemblance at all to the real world?

Thanks guys for your help.
I can see why the thread starter merlinnn never came back.
What started out as an educational / fun thread soon turned hostile. !!!!
 
Was this sarcasm tech/a ?

only 88% pa? lift yer game ;)

The game gets a bit easier after a while as its mostly based around the tech wreck and you get some fantastic trends.

Though it teaches u that often its hard to beat buy and hold when a stock runs...
 
Hello everyone.

I was lurking this thread and decided to play the game my own way and put my TA to the test (learning).

I tried to make it as real as possible by only going long (I don't short - broker doesn't allow it).

I passed on several charts and only looked for those with my indicator criteria. I coulnd't beat buy and hold by using a long only style. Though I did reach 750K, buy and hold reached 2.1mil.

Some of the trends on these charts are just great! If only real life was like that...
 
Can any of the experienced traders out there please validate the usefulness of this http://www.chartgame.com in learning charts and responding to them. Eg does a good return here have any resemblance at all to the real world?
Some of the new members might like to play this "chartgame"
Just click on link above....let us know how you go.
This thread is three years old, phew!
Friday arvo...........Enjoy :)
 
This thread might make a good 'Sticky' Joe
Saturday morning play.....Enjoy :)
 
Have some fun monkey....hope this game helps with your trading :) HNY
 
Have some fun monkey....hope this game helps with your trading :) HNY

Loved this game!

But what does it mean if your good at it?
Can it help your trading?

Really!

Serious question, though.
How do you start again from the beginning?
 
Managed to get 20-30% up for a couple of extended sessions.
At least I've learned something about risk management perhaps :cautious:
 
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