What are the benefits of simulated trading in precious metals?

Simulated trading of precious metals refers to the same operation as reality, but everything is virtual, not real. Precious metal simulation is a completely simulated trading environment, which provides virtual funds for investors to be familiar with the trading process of electronic platforms before actual trading. The benefits of simulated trading are as follows:

1, consolidating the basic knowledge, applied for a free account in official website, an investment company that simulates trading accounts. Newcomers can directly log in to the platform software with their own account numbers and passwords, and apply the basic knowledge familiar in the early stage to the disk operation, such as the concepts of hand count, long and short positions, take profit and stop loss, etc. , so as to consolidate the basic knowledge from each order and be familiar with the rules of online trading. ?

2. Test the advantages and disadvantages of the platform to simulate trading, so that new investors can experience the powerful and convenient use of the platform for free. The platform vendors selected by different investment companies or the platforms developed by themselves have different values. In simulated trading, investors can choose the trading platform of investment companies with higher trading efficiency, greater convenience and safe and reliable data, thus laying a good foundation for getting started. ?

3. Realizing the transition from real warehouse to high-quality precious metal simulation trading software can allow new investors to start small experiments from the simulation training in the rookie stage, accumulate certain disk trading experience and challenge real accounts. Prior to this, investors should learn to look at technical trends, such as K-line, commonly used technical indicators, trend lines and other morphological analysis, grasp the key news that affects the price of silver, and determine the intraday trading plan. None of this will happen overnight.