u/KaleidoscopeNo7376

Hi guys,

I released an app on the app store a while ago but would like to get it onto google play, and need to get through the closed testing phase.

If anyone has any advice, or would like to join the testers list to download the app and hold for 14 days, that would be hugely appreciated!

Hi guys,

I have published an app on the app store a while back but I am looking to get it onto google play now.

I have everything ready but just need 12 testers to download and hold the app for 14 days. I will just need your email to add to the testers list then I can send the link for you to download.

If anyone would be interested in doing this, it would be greatly appreciated!

I think the best feature about them is that they are the perfect balance for traders in that grey area between learning a strategy with paper trading and taking things to the real markets.

It's perfect for experiencing the pressure of real trading without risking any money, which is a great stepping stone between learning a strategy and learning how to actually apply it while emotions are on the line. Being able to apply a strategy while replicating the experience of rushing into trades, revenge trading, taking winners/losers early, etc is one of the most valuable things imo, and you don't even have to risk anything if it is a free comp, just your reputation (some good free ones are the leap from trading view, or the trade arena app).

I think that besides micro trading, it is the best way to learn the full experience of trading.

Am I spitting facts or is micro trading still king?

Don't get me wrong, I think paper trading has a heap of value for early stage trading like learning a strategy, seeing where to apply it in the real markets, etc.

However I feel like the grey zone between going from paper trading to live trading is where the majority of traders end up losing the plot. This is largely due to the new found increase in emotions involved, but assuming that you can go from paper trading to live trading is, imo, a huge mistake.

I think there is an easy solution though that should be adopted more. The use of micro trading has been something that has really helped me in my trading journey. Using a $20-$100 account and using that initially is super beneficial. Another, and less well known solution, is the use of trading competitions. They can be really good in replicating the emotions that result in revenge trading, rushing entries, taking profits/losses early, etc. Ones like the trade arena app can even be good at just getting trading breakdowns and conveniently keeping yourself in the markets throughout the day (even though the trading options can be a bit limiting). Both have definitely supplemented my trading.

So yeah, not shitting on paper trading, I just think that it can cause some false hope that is easily stripped away as soon as people hit the real markets and realise how much psychology is at play.

Does anyone not agree?

Does anyone want to get any feedback on their app and a review in exchange for the same back??

Don't get me wrong, I think paper trading has a heap of value for early stage trading like learning a strategy, seeing where to apply it in the real markets, etc.

However I feel like the grey zone between going from paper trading to live trading is where the majority of traders end up losing the plot. This is largely due to the new found increase in emotions involved, but assuming that you can go from paper trading to live trading is, imo, a huge mistake.

I think there is an easy solution though that I think should be adopted more. The use of micro trading has been something that has really helped me in my trading journey. Using a $20-$100 account and using that initially is super beneficial. Another, and less well known solution, is the use of trading competitions. They can be really good in replicating the emotions that result in revenge trading, rushing entries, taking profits/losses early, etc. Ones like the trade arena app can even be good at just getting trading breakdowns and conveniently keeping yourself in the markets throughout the day (even though the trading options can be a bit limiting). Both have definitely supplemented my trading.

So yeah, not shitting on paper trading, I just think that it can cause some false hope that is easily stripped away as soon as people hit the real markets and realise how much psychology is at play.

Does anyone not agree?

Been looking at some recently like EdgeWonk. Kinda interesting with the psychological part.

Anyone know any good ones or even recommend it in general?

You’re not gonna mess up unless there’s an audience, and it’s the same for trading.

I understand that paper trading does have some uses in figuring out your trading strategy and getting a brief understanding of the market. But thinking you can go from paper trading straight to the real market is, I believe, where the 98% of unprofitable traders go wrong.

However, here is what I think are some solutions: Micro trading and competitive trading.

By micro trading I mean using a tiny portfolio size to start out, like putting $20-$100 into the market and making tiny trade until you get a solid understand of self regulation and risk management with real money. 2 things that paper trading has no chance of teaching you.

Competitive trading is another one that seems underrated. Using something like trade arena or the leap helps to replicate the feelings of real market pressure (rushing traders, taking losers/winners early, using bad risk management etc) without any cost.

Does anyone else have any success utilising any of these two strategies before taking things to the real market?

You’re not gonna mess up unless there’s an audience, and it’s the same for trading.

I understand that paper trading does have some uses in figuring out your trading strategy and getting a brief understanding of the market. But thinking you can go from paper trading straight to the real market is, I believe, where the 98% of unprofitable traders go wrong.

However, here is what I think are some solutions: Micro trading and competitive trading.

By micro trading I mean using a tiny portfolio size to start out, like putting $20-$100 into the market and making tiny trade until you get a solid understand of self regulation and risk management with real money. 2 things that paper trading has no chance of teaching you.

Competitive trading is another one that seems underrated. Using something like trade arena or the leap helps to replicate the feelings of real market pressure (rushing traders, taking losers/winners early, using bad risk management etc) without any cost.

Does anyone else have any success utilising any of these two strategies before taking things to the real market?

I’ve gotten mixed results. I can’t seem to make reliable posts that get good downloads, and being the reply guy seems more consistent and personal but requires more grind and patience.

Does anyone have any tips or experience with this?

I just want to know if anyone has any experience with paywalls where if the user declines the first paid thing that they are given on the onboarding, it then shows them a big discount to try and reel them back in.

Does this boost conversion?