Commodity Trading Made Easy - Thanks to Simulated(Mock) Trading
By fannekhan
@fannekhan (783)
India
December 3, 2012 3:32am CST
I don't know if mock trading is an option in most countries when it comes to commodity trading. In India, FTKMC(financial technologies knowledge management co.)has launched a simulated trading platform for inividuals, traders, corporates, financila and educational insitutes.. etc.
The advantage of mock trading on National Simulation Lab(NSL),a simulated trading platform using ODIN DIET and SSL software, is that you don't have to make an investment in commodity futures. You can learn by mock trades to implement your fundamental and technical analysis knowledge before you actually trade. You can use this paid service(INR500-minimum)for a week or two to orient yourself to Commodity futures.
Now how good is that? Do you think schools, colleges, brokers and MCX Franchisees will make it available to traders to practice their skills before investing money in the Commodity market?
I think they should, to improve financial literacy in India?
What say ?
No responses
