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How can I use thinkorswim simulator to practice trading cryptocurrencies?

avatarKadibiaDec 27, 2021 · 3 years ago1 answers

Can you provide a step-by-step guide on how to use the thinkorswim simulator for practicing cryptocurrency trading? I'm new to trading and would like to use a simulator to gain experience before investing real money.

How can I use thinkorswim simulator to practice trading cryptocurrencies?

1 answers

  • avatarDec 27, 2021 · 3 years ago
    Of course! Here's a step-by-step guide on how to use the thinkorswim simulator for practicing cryptocurrency trading: 1. Log in to your thinkorswim account. 2. Click on the 'Trade' tab at the top of the screen. 3. In the search bar, type in the name of the cryptocurrency you want to practice trading. 4. Select the cryptocurrency from the search results. 5. On the right side of the screen, you'll see a button that says 'Simulate'. Click on it. 6. A new window will open with the thinkorswim simulator. 7. You can now practice trading cryptocurrencies using the simulator. It provides you with virtual money to trade with, allowing you to learn and experiment without risking real funds. Remember to treat the simulator as a learning tool and practice different strategies to gain experience before trading with real money.