Spoof Trader Light Stockmarket Simulator Icon
Download Spoof Trader Light Stockmarket Simulator

Spoof Trader Light Stockmarket Simulator

SpoofTrader reduces the time before you are a profitable trader. You are learning how to trade and want to quickly develop your skills to make more money on the stock market SpoofTrader is for you.
Category Price Seller Device
Business Free Stephen Wakely iPhone, iPad, iPod

SpoofTrader is a stock market simulator.

Uses real historical prices. Like you are trading for real with a few differences :

1. You are not using any real money. THERE IS NO RISK. Try out new strategies, experiment with different setups. You will not lose any money.

2. You can pause at any time. To develop a strategy you must first learn to stop, think and study all your options. To develop this sense takes TIME and PRACTICE.

3. Spooftrader is much faster than the real markets. A whole day is played in 3 minutes. One of the most important trading skills is waiting. Successful traders spend most of their time just watching the charts only trading when the setup is perfect. This is boring and terrible for practice. There is little waiting with SpoofTrader (unless you pause when you need to!)

Trading looks simple. It is not. 95% of people who trade end up losing their money. Why? They do not practice enough. Do not make the same mistake.

Features of SpoofTrader:

• Uses historical prices from a number of different commodities
• You don't need an internet connection, you can trade anywhere
• The markets do not need to be open, you can trade any time. Even at weekends
• A whole days trading can be played in 3 minutes, so you work quickly through many scenarios

• Candlestick chart with multiple timeframes

• Multiple indicators. All traders have their own preferred set of indicators which they use to "read" the markets. When trading it is vital that you learn what indicators work for you AND which indicators do not work for you. Many people have lost a lot of money by reading the indicators wrong.

• Draw on the chart. Many strategies depend on knowing where previous support or resistance levels are. Others rely on studying the trends. By drawing these on the charts you can clearly identify these levels.

• Buy and sell at market price or set stop or limit orders

• Learn where to set stop loss and take profit levels

Many practice with a brokers demo account. You can only trade in real time. The markets have to be open - no practice at weekends. You cannot pause to think, you have to wait around for hours before the ideal setup comes along.

When you learn a new strategy and you need to work out if this strategy will work, do you sit at your demo account only to find that there are no ideal setups to practice with? With SpoofTrader, there is no waiting. Each day is played in 3 minutes so you can work through each scenario quickly. Pick up three different strategies, and experiment with each one. Within an hour you will know which one works the best. This would take days when trading in real time.

To become a profitable trader, first use SpoofTrader. Learn how to trade. Learn how the indicators work (and if they do work at all!). Trade whenever you can. Once you are making money in SpoofTrader, then open a demo account with a broker. You will have some solid strategies and you will be able to wait for the ideal setup. When you are making money in your demo account, then you can open a real account with your broker and start trading for real. You are now well grounded to be up and running ... and profitable almost straight away.


This is the Light version, which is fully functional apart from the following restrictions.

• Order size is limited to 1. You will be limited when building up your account and applying various money management techniques.

• You can only view one indicator at a time. Many strategies can be worked just by applying price action with a single indicator.

• You can't draw trend and support lines on the chart.

Download SpoofTrader now and Profit!

Reviews

Great app
nobre

Very nice app, good to understand the candles and indicators. Does the data comes from real stocks or is it random? You should release a version powered from live stock data for real trading analysis, we lack good graphs on iOS.


fun, limited
djarum11

simple, practical, works well. you are without stop losses, moving to breakeven, or other real trading techniques but still helpful for basic chart reading. possible to encourage bad habits (e.g. trigger finger)


Spoof trader
Jonesy782

Great practice!


Trash
Cashflowhoe

This game is trash


Not bad
Flavah Flav

I liked it a lot! Nice app.


Has bugs
Chuck Bolewood

The bars disappear after a couple seconds. I have to zoom in or out to make them reappear. Biggest flaw is that before a big move, the screen jumps so you know it's either time to sell or buy big. Hard to trade honestly when you know what the next tick is going to be.


Good idea
MarcusWang12"

You have same idea with you. However, I think you can not sell this app well. I would like to suggest you add some critical features. Contact me.


Excellent and Fun App!
ChrisChrischsnsjsn

Very easy to use and gives you the thrill of live Forex trading. I know how my downtime will be spent... practicing!


A bit unrealistic
[***#]

It's good practice to help you notice patterns and develop a better sense of timing, but this app has got to be based on the single most volatile stock ever. It'll shoot way up and then way back down over the course of just a half hour in-game.


Underdeveloped, but good practice.
Try_Stan

There's not enough to the game, however, it is good practice for realizing patterns.


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