The Necessity of Simulated Trading of Encrypted Assets: Traders' "Training Ground"

OKX:http://ok.b615.com/6/

Because of all-weather trading, price fluctuation and other factors, most novice investors are cautious and worried about the existence of greater risks. But in fact, if investors can reasonably manage their positions and mentality and pay attention to risk control, the fluctuation of encrypted assets is not so terrible, and at the same time, they can diversify their investments and realize diversified allocation.

What is simulated trading?

Simulated trading is a trading model provided by users in the trading platform, which is the same as the real market environment and uses virtual funds to trade. Generally, there will be a certain amount of initial funds in the simulated account, and users can trade freely as if they were using a real account, without any financial risk, and the result of the transaction will not have any impact on the real assets. Generally speaking, the simulated transaction contains all the trading modes of the firm offer, and the functions are consistent with the firm offer. In terms of tradable currency pairs, it mainly includes some commonly used trading currency pairs and some hot currency pairs to meet the basic needs of users for trading currencies.

Why do you want to conduct a simulated transaction?

1) Familiar with operation and market through simulated trading.

For novice users, even after learning the system novice tutorial provided by the platform, there may be some unnecessary misoperation losses when they are not familiar with the operation and so on, thus losing investment confidence. In order to avoid this situation, and to let investors pass the novice period smoothly, mature trading platforms will provide users with simulated transactions. Novice users can get familiar with the operation steps of trading and some basic rules of the market by simulating trading without affecting real assets. After mastering a certain trading foundation and operating experience through simulated trading, users can greatly avoid mistakes caused by unfamiliarity or improper operation and achieve the goal of learning to trade at zero cost. For contracts, options and other trading models with certain thresholds, the role of simulated trading is even more important.

2) Summarize and accumulate trading experience through simulated trading.

In addition to novice users, investors with a certain investment foundation will also use simulated trading, because traders realize the importance of technology and experience, and these can not be obtained without regular trading summary. Simulated trading, which can not only experience actual combat, but also cause no loss to the principal, has become a good place for them to inspect, analyze different indicators and conduct many experiments. For example, when a single indicator is used to guide trading, it is prone to deviation. Traders need to make a comprehensive judgment by combining other indicators /k-line patterns, and which indicators to combine and how to combine them can be obtained by continuously simulating trading tests. In addition to accumulating experience through trading, investors will also read trading notes, big V trading experiences, etc., and learn trading skills shared by others. The acquisition of these skills also needs to be consolidated by simulating trading. However, it is not enough to simulate trading. Users need to constantly evaluate and test the trading experience they have summed up or learned, so that trading thinking and skills can develop with the market.

3) Test and optimize the trading system through simulated trading.

For traders, simulated trading can test and improve the trading system and optimize the trading strategy. The essence of trading is to find a suitable trading method and build your own trading system, and whether this trading system conforms to the law of market changes and how much profit rate is roughly needs to be tested through continuous trading; At the same time, this trading system should also grow with the market and be constantly optimized.

4) Improve risk control ability through simulated trading.

After accumulating certain trading experience and mastering certain trading techniques, users need to pay attention to risk control in real trading. Risk control of investment is a very important knowledge. Any investment has risks. If we don't pay attention to position management and risk control, it will easily lead to losses. For professional traders who trade all the year round, their trading decisions can't be correct every time. Therefore, risk control has become an extremely important part of the trading system. Through simulated trading, users can not only have a clear understanding of their own risk tolerance, but also learn certain trading strategies and experiences.

Summary: Simulation trading can not only help users get familiar with the operation, accumulate experience, test the system and improve the risk control, but also be a good way and means for users to get familiar with the new functions of the platform. For traders at different stages, simulated trading is a good tool. However, it should be noted that although simulated trading is simulated, it can not fully reflect the real market in terms of trading depth and volume, and there is often a big gap between simulated trading and real trading. In addition, the real trading will face the risk of capital loss, so the trading mentality will change. Based on this, traders can't rely too much on simulated trading, but need to combine the real offer and simulated offer constantly, summarize and re-offer, and optimize trading strategies and trading systems, so as to get better profits from the real offer.

How to conduct simulated trading?

Ouyi provides users with simulated disk services. The types of transactions that users can simulate include currency, contracts, options and other full-line trading products, and they can freely experience various modes of unified accounts. There are initial simulation funds in the simulation disk, including BTC, ETH, USDT and other currencies.

1)APP side

Open Ouyi APP, log in to your account, click the button in the upper left corner on the homepage, and then select simulated transaction on the jump page.

The trading types included in the simulated trading include currency trading, perpetual contract, delivery contract, leveraged trading and option trading, and all kinds of transactions in BTC, ETH and other currencies can be conducted.

In addition to manual trading, you can also conduct strategic trading and experience the convenience of strategic trading mode. Click the transaction button at the bottom of the page to conveniently select all kinds of trading products and types.

In the simulation disk, there will be a fixed number and amount of virtual trading funds. When there are no pending orders or positions after the transaction is completed, you can click the Reset button in the simulation trading assets page to reset the simulation assets.

If you want to go to a firm trading after you are familiar with the trading logic, you can click-to switch to a firm trading on the current virtual trading page, or choose-to switch to a firm trading in the fund management slide menu, and enter a firm trading.

2)Web side

Wen and APP have the same functions except for different page settings.

01 Open Ouyi official website, log in to your account, click Transaction, and select Simulated Transaction in the drop-down menu.

In the upper left corner, next to "Ouyi", there will be a simulated disk, which is used to distinguish whether it is a firm transaction or a simulated disk transaction.

If you want to go to a firm trading after you are familiar with the trading logic, you can click-to switch to a firm trading on the current virtual trading page, or choose-to switch to a firm trading in the fund management slide menu, and enter a firm trading.