V14:14 (599-601): Product Review: Market Skill-Builder

V14:14 (599-601): Product Review: Market Skill-Builder
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Product Description

Product Review: Market Skill-Builder

Trading is becoming a recognized skill that can improve with practice. Along this line of thought, Market Skill-Builder provides a realistic environment for practicing trading decisions by using real historical data (altered so as to be unrecognizable), through which you advance one bar at a time while choosing your next trade.

Market Skill-Builder is designed to teach you to beat the markets using judgmental technical analysis (that is, by reading the charts), a task that could be a tall order. Though developer Richard King specifies that it's impossible to forecast the markets using just charts or by analyzing just fundamentals, he does argue that a trader using technicals will find out immediately if he's wrong, while someone using only fundamentals may not discover they're wrong for a very long time.

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