Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : CYBERTRADER -- Ignore unavailable to you. Want to Upgrade?

To: Brentsky who wrote (827)	6/17/1998 10:05:00 AM
From: Darren	Respond to of 3216

BTW, what is the difference between demo trading and paper trading? Key pushing vs. pen pushing. The good thing about demo trading is you are forced to learn the keyboard, and buying and selling becomes natural, not a questionable decision to be thought about some more. As soon as you pause, you've usually blown your trade. To make Demo trading more accurate though, you should always give up the spread; buy on the ask, sell on the bid. Right now Demo mode defaults to buying on the bid, selling on the ask. That makes for some false profits...and then you go real-time and get crushed, ironically by commissions.

To: Brentsky who wrote (827)	6/17/1998 11:03:00 AM
From: Ala_Bill	Read Replies (1) \| Respond to of 3216

Brent, With papertrading you are making trading decisions and then recording those decisions as you "paper trade" through the day. With CyberTrader's demo mode you actually make those trades real time, using the keyboard or mouse inputs, just as you would if you were trading with real money. The only difference is your trades are not transmitted to the exchange floor. All the other modes work. You get to see your number of tickets, average ticket and open and closed profits just as if you were actually trading. Another neat feature is that you can log on real time and make actual trades and if you want more training, you can log off then log back on in demo mode, all in the same day. I have found this feature to be of great benefit as I am learning. ...bill