GoCharting Sim Trader

GoCharting offers two simulated trading options under the app store:

1. Sim Trader (Browser): This connects to a local simulation, storing your trading data on your computer. It replicates the trading methods of real brokers, as explained earlier.
2. Sim Trader (Server): A more advanced version of the simulator that saves your positions on the server. When connected, you will be assigned a demo account (e.g., demo123). Click “I agree” to connect.

Once connected, you can create multiple trading accounts with advanced settings. Below is an overview of the available features:

Features:

1. Reset All Trades: Resets all trade data for your account.
2. Choose Account: Select an existing account.
3. Delete Account: Delete a selected account.
4. Create New Account: Configure a new trading account with the following settings:
   • Account Name
   • Currency Type
   • Broker Commission (fixed, percentage, or a combination)
   • Initial Balance
   • Risk Management: Set rules like allowed trading days, trading sides, max daily profit/loss targets.

Account Section

After your trades are executed, you can monitor them in the account section located in the bottom bar.

Account Section Options:

1. My Orders: Shows all open and executed orders. You can adjust columns and enable the “Reason” column to understand rejections.
2. My Trades: Displays details about all executed trades.
3. My Positions: Lists open and closed positions.
4. My Balance: Shows your account balance.
5. Holdings: Displays the stocks you are holding.
6. Trade Settings: Allows you to modify trade-related settings like show executions, beep on executions, etc.
7. Field List: Customize which columns to display in the account view.
8. Connected Broker Information: If multiple brokers are connected, you can switch between them, but note that only one broker can handle orders at a time.

This completes the overview of connecting with brokers and using trading features on GoCharting.