Trader Tricks |

Trader tricks

1. The trend is your friend

The real stock market may be reeling in a long term bear market but Virtual Traderscan trade both short and long and are therefore able to profit from a falling market. Remember the trend is your friend also applies in a downtrend.

2. Who dares wins

Virtual Traders are familiar with the phrase “Fortune favours the brave.” Real traders have to worry about balancing their portfolio, but Virtual Traders can catch falling knives and stand in front of a locomotive and so maximise their gains. The greater the risk, the greater the reward.

3. Follow the leaders

One of the attractions of Virtual Trader is that you can check out what the competition is doing. Unlike the fund managers in the City who tend to keep everything under wraps, any Virtual Trader can pick up hints, tips and ideas by looking at the winning portfolio. Imitation can be the sincerest form of flattery.

4. Small is beautifull

Any Virtual Trader who wants some high octane trading action may think of trading penny stocks with big percentage moves. Get it right and it could be a short cut to a prize.

5. If at first you don’t succeed

Not every Virtual Trader portfolio can be guaranteed to win on every trade and some will no doubt bite the dust. But all you need to do is start again with a Virtual £100,000 – it’s all about survival of the fittest.

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