How Simulated Forex Trading Can Improve Your Trading

Have you wondered how you can get better at trading faster? I think that simulated forex trading is one of the best methods and I will use a sports analogy to explain why. Even if you did not play sports, there is probably something you did or didn’t do in your life that relates to the brief story I will tell.

One of the most important things in improving in anything is gaining confidence, in particular gaining confidence under fire. Many of the people who read this website know that I grew up playing sports. When I was born, my dad was a coach and he loved basketball. I grew to love the sport as well and began playing at a very young age.

What does this have to do with Forex trading? Well, on the first day of summer and older friend and graduating senior stopped by my house where I was practicing and in 30 minutes showed me the fundamentals of a good jump shot. At that point I had been wondering how to shoot and what to practice all summer and how. The 30 minutes he spent with me, changed my life in terms of basketball. I began to shoot jump shots everyday and recorded them in a spiral notebook. I shot 1000 jump shots 6 days a week during the summer and more on Sunday when my mom let me.

I figured my friends may have shot a total of 200 practice shots in the summer. Most kids don’t really spend their time practicing a sport. But maybe, there was one player that might have spent enough time on the court to shoot 1000 shots for the summer. I was shooting 1000 plus 500 free throws 6 days a week, 6 times more than he was.

With about 3 months of summer that was about 10 weeks or 60 days or 60,000 shots. I was taking more practice shots in one summer than some high school players took during a whole career of games and practice. This practice put me much further ahead in terms of “practice years” of the other players and I ended up leading the league part of the next season in per game scoring average.

You can do the same thing with Forex. There are simulated Forex trading programs that you can purchase for a small amount of money, load in real data, and practice your technique.

If you are looking for a way to improve your trading, try a Forex trading simulator. I think you will see yourself gaining confidence and improving your bottom line if you do.

Factors in Choosing a Golf Simulator – Software

Maybe the most important factor in choosing the right golf simulator for you is the software.

Software:

o Game Play:
There are several different options to consider here. How many courses are available? How many courses come with the base unit? How many of the courses are renditions of real courses? Are the courses computer based images (3D) or is it a picture based images (2D)? What I would suggest looking for here is: The number of courses which suits your needs, there is no reason to pay for 50 courses if you are only going to play 10. It takes a long time to get board playing a course on a good golf simulator. The major problem with a picture based system, is you can only play your shot from where there has been a picture taken. So if you hit the ball into the rough or out of bounds and there has not been a photo taken of that area, you will be atomically taken back to your previous shot with a one stroke penalty. Now for a PGA player this might not be a big deal but for the rest of us, who do hit the ball into the rough, it makes for a very slow and very frustrating round of golf.

o The Latest and Greatest Software:
There are a few companies who have released new software this year (2009). The new software adds cool new features to the game play. New features include variable weather options, time of day options. Now you can play your round of golf in the afternoon with a stiff breeze which is constantly changing as you play your round, watch the sky darken as your round nears nightfall. As you play your favorite round on the cost, see the waves move in and out on the surf, hear the waves crash along the coastline. With the new software you will also notice the true to life fairway and greens. When you hit a drive the ball should roll with the slope of the course. Beware, there are some simulators on the market, when you hit a ball it will only go straight and will not follow the slope of the course. If you are looking for the most realistic round of simulated golf this is a must feature and one to not over look.

o Number of Golfers:
One feature which is important for all applications is the number of golfer who can play at one time. All simulators will allow one golfer to shoot their shot one at a time. But there are some simulators out there which limits to the total players to just two or four golfers per round. I have found in commercial applications it is best to have up to eight players per round. This makes tournaments and leagues much easier to manage and drive revenues for your business.

o Swing Analysis
Swing analysis software is the most important tool for people who want to use their simulator as a training instrument. A good swing analyzer will enable you to do club fitting as well as dissect a customer’s swing to determine problem areas. But again some simulators have this software built in and others offer it as an add-on which is not compatible the simulator software and can cost upwards of $15,000. What really makes a swing analyzer a useful tool is the information and feedback it provides. Features to look for are club speed, launch angle, ball speed, club and ball path and spin. Many of the variables which will determine what type of swing analyzer will come with your simulator will depend on the simulator’s sensor technology. This and more will be discussed in the article dedicated to the topic of “Sensor Technology”.

The software you choose will have a major outcome on the overall performance and playability of your simulator. There are also two more articles on the topic of “Three Main Factors in Choosing a Golf Simulator” Please feel free to contact me through the website, if you have any questions on golf simulator software.

Benefits of Gaming – PC and Video Games

New PC and video games are not only capable of providing fun and excitement for everyone, but they can also give certain benefits and advantages.

With the help of advanced technology and popularity, the gaming industry has advanced and expanded rapidly over the years.

If we are looking for categorization of videos games, they are broadly divided into eight major categories:

Action

These are fast paced and may contain a large amount of violence due to this. Action games are usually inappropriate for children. Such games fall under the category “M” (mature-rated). Examples are Halo, Star Wars, Jedi Knight and Enter the Matrix.

Adventure and Role Playing

These are normally not as graphic as action games and can take the player into surrealism and fantasy. Though adventure and role-playing games often contain violence, it is not found to be as intense as the violence in action games. Examples of this category are Borderlands 2, Final Fantasy, Legend of Mana and Billy Hatcher.

First Person Shooters

As the name implies, it is a game in which the player sees the action through the eyes of the character he is representing and involves the use of pistols or rifles to kill the enemy. Due to the violence involved in this genre of games, they are not suitable for young children. Examples of these games are “Half-Life, “Half-Life 2”, “Call of Duty: Modern Warfare” and so on.

Construction and Management Simulation (CMS)

As the name suggests, in the games belonging to this genre, the players are expected to build, expand and manage imaginary projects and communities with very little resources. Examples of this genre include, “SimCity” and “Harvest Moon”.

Strategy

Here the accent is on strategy rather than on violence and these games are slower which gives the player time for strategic thinking, resource management and planning to achieve victory. Most are warfare based and so violence is not completely absent. These games are not suitable for children. Some examples are Advanced Wars I & II, Civilization V and Crusader Kings II.

Simulation

These are video or computer games that simulate real world situations under game settings. In this category, the three well-known games are Racing Simulators, Flight Simulators and Sims. There are lots of games in this class to entertain children. Some examples of simulation games are: Football Manager, Farming Simulator 2013, The Sims and Evil Genius.

Platformer

The Platform Game or Platformer is consists of jumping between suspended platforms of varying heights or obstacles and sometimes both to move forward in the game. Some examples of Platformer are 40 Winks, Abuse, Action 52 and Adventure Island.

PUZZLES

Puzzle video games are a class of games that require puzzle solving. The kinds of puzzles that need to be solved can involve many problem solving skills such as using logic, word completion sequence solving, strategy and pattern recognition. Some examples of Puzzle Video Games are Mario, Bejeweled 3, Cradle of Rome 2 and Hidden Objects.

While on the subject, let’s not forget Sports games such as NHL 13, and FIFA Soccer 13 and Arcade games such Chicken Shoot 1, Toy Story Mania and Angry Birds to name a few.

Nowadays, video games are enjoyed by a wide cross-section of our society, from toddlers to grandparents and these have been accepted by everyone as a good manner of entertainment and seen to be better than watching TV as it requires the viewer’s participation and interaction.

The general feeling is that video games do not provide any benefits to the player and especially so in the case of children.

Contrary to this belief, there are many benefits in allowing children to play certain types of games. Most important of these benefits is the development of:

· Cognitive thinking skills

· Fine motor skills

· Real-time decision-making abilities

· Hand-eye coordination

· Cooperative playing skills

Keeping video games out of the reach of children can only deprive them of these benefits.

A child’s imagination can be stimulated through role-playing and adventure games. Even if some of these games can seem tasteless due to its graphic nature and violence, they can play a positive and important role in a child’s development by promoting teamwork, building confidence and improving motor skills. Playing such video games will only provide a child with a healthy means of expression.

Certain video games are believed to teach children high level thinking skills which they would benefit from in the future.

Now that we have looked at the benefits for children, let’s look at what benefits video games hold for the rest of us.

Research into the pros and cons of video games are being conducted by various bodies including universities in some parts of the world and the result is that the pros outweigh the cons in respect of benefits.

When playing video games, you would need to react quickly and take split second decisions in order to succeed in the given task. It is believed that this kind of practice would provide benefits in real life where you would be able react with speed and take quick decisions.

Brain scientists have discovered that a certain driving video game, created by a research and development team at the University of California in San Francisco could improve the short-term memory and long-term focus of older adults.

It was found that immersion in a game distracts the mind from pain and discomfort. Due to this reason, some hospitals have started to suggest that children and others undergoing painful treatments play games to reduce their distress and anxiety.

Some video games have provided improvement in “Cognitive Flexibility”, which is the ability to switch quickly from one task to another.

Researchers from North Carolina State University found a link between playing video games and mental well-being among the elderly. They found that those citizens who played video games, even occasionally, experienced a state of well- being and happiness.

Gaming can also improve family relationships, as some of these games can and should be played together.

According to some studies conducted at the University of Rochester, people playing certain titles of video games have shown improvements in tests in the following areas:

• Multitasking

• Attention

• Accuracy

• Vision

The only thing a video game player or his or her family needs to ensure is that it does not become addictive in any way. A video game player shouldn’t end up spending hours on end playing games and losing track of time and place and while neglecting duties, personal chores and responsibilities.

Another thing that the parents of minors need to ensure is that their kids get access only to educational or similar games which are suitable for their age group and the good news is that there’s a huge selection of games available that are appropriate for all ages.

A video game content rating is a system is available in many countries and they are used to classify video games into suitability-related age groups with respect to its contents which, if followed, will help to limit the negative aspects of some of the games.

Finally, if video game players are able to play in moderation, and stick only to the categories of games suitable for their respective ages, they can derive a number of benefits as cited above.