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PriceMotion Stock and Forex Forum
Users of Pricemotion games are welcome to participate on our Forumplease send us your questions and your printscreens with the best results you had -info@pricemotion.com
- Hello, my name is Dan. I really enjoy your game. keep doing the great job.
- Hi, I live in South Korea and found accidently Pricemotion Stock on ebay by searching "stock trading game". Then I found your website. As I'm interested in Stock Trading these days and finding learning tools, the info on the site seems pretty interesting. I have few questions about the product. Most of SMS game on the Internet are online games and playing against the real people. How real and accurate this game is comapred to the real market? Thanks! Regards, Won
- Dear Won, Pricemotion is a stand-alone application. You don't need internet or any special data to play this game. PriceMotion is an educational game and generates artificial data for artificial stock market. Thank you, Sincerely, Jane Matorin.
- Hello Jane, I ordered Pricemotion Stock and installed it a couple of days ago. It runs without any trouble, but I couldnt figure out how to use it since I'm a absolute novice on this subject. I only hadd been seeing this stuff within book on stocks. Is there any online "step by step" or "how to" guide which help me to play? Thanks, Regards, Won
Dear Won, Here is some tips how to start to play the game-
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HOW TO PLAY PRICEMOTION
1.1. Start the application
PriceMotion is an educational tool. If you get familiar with this game you can easily work with any other software in the market. There are two types of people - first type of people installs the program and carefully read the manual. Then they slowly click on the first button. The second type is open the application and starts to click on all buttons. Don't be scared just click on the buttons on the toolbars or open menus. Nothing can get wrong. It just can help you to understand how the program works faster. Every time you would find new options of PriceMotion game.
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WHAT TO DO |
HOW
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1. |
Install PriceMotion on your computer |
Insert the PriceMotion CD in your CD-ROM drive. A setup menu program should automatically start. Choose Install PriceMotion and follow the instructions in the Setup Wizard |
2. |
Double click on the PriceMotion icon on your desktop or open from the Start menu - Start/ Program Files/ PriceMotion |
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3. |
Three are three ways to run PriceMotion
a. Click on the Start button on the toolbar or
b. Press F2 or
c. From menu - Simulation/Start Market Simulation |
PriceMotion will generate a new scenario for every simulation |
4. |
Stop the application
a. Click on the Stop button or
b. Press F3 or
c. From the menu bar select Simulation/Stop Market Simulation |
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1.2 Options
At the beginning of the game you can set up some data. PriceMotion Stock and PriceMotion Forex have different options dialogs. The game allows you to borrow money from the bank, set up broker's commissions, how long are you going to trade.
1.2.1 PriceMotion stock's options
PriceMotion Stock Options dialog allows Player to set up initial data of the game - Contract Options and Graphical features. There are three ways to open Options dialog - select from the left Toolbar (first button on the left side) or select from the Menu bar - Menu->Edit->Options. This dialog could also be opened from any context menu (right click anywhere on the Intraday, Daily or Weekly window). The first left section is a View Mode. It allows seeing the change in price in absolute value form ($) or percentage form (%).
In the middle is Current Contract Quantity section. It shows the value of the one contact in shares.
The Initial Balance is the amount of money Player has at the beginning of the game.
Under the View Mode is a WorkBook mode. This future allows you to see how many stock simulations are running on your application and easily switch from one to another. Broker's commission check box allows the Player to increase or decrease Broker's commission. Next is the Margin Account check box, which allows the Player to borrow money to make a trade.
The next sections are Autoscrolling, Initial Scenario and Security Price.
For Intraday and Daily windows the Autoscrolling mode allows to follow the last price changing.
The Initial Scenario allows Player to set the Initial scenario period. PriceMotion Stock will generate the security price for the time set at the start of the game. This change will have influence on Contract data. The data will be recalculated for the new security price.
The next section is Graph Options. The first check box is used to show or hide digital string of information that is located on the top of the window.
The Confirmation dialog keeps the Player informed of his trading activity.
Player can change the thickness of the lines using Thick pen for trading position and Thick pen for Indicators and Market parameters check boxes.
On the right side of this section are two buttons used to change the color of the Short or Long Positions.
The last section is Gridlines Color and Style. These buttons are used to change the color and style of the grid lines (light, dark or highlighted).
PriceMotion Stock Options
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1. |
Run PriceMotion Stock. After a while stop it. Click on Options button (first button on the left side) or Menu->Edit->Options |
The PriceMotion Stock's Option dialog appears. |
2. |
a. On the View Mode tab select Absolute value view ($)
b. on the Current Contract Quantity put 100 shares per contract
c. on the Initial balance tab insert 30 thousands
d. type 30 on the Broker's Commission box
click OK button |
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3. |
Open Options dialog.
On the Security Price tab change security price to expensive and click OK button. |
Option dialog closes and Confirmation dialog will appear:
"You've chose new Stock Price. The previous scenario will be deleted. Loading new scenario may take a few moments .
If you just want to recalculate the Stock price without loading new scenario press "Recalculate" button, please. If you want to load a new scenario press "Load" button, please.
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4. |
Press Load button. |
The new scenario will loaded with a new price |
1.2.2. Pricemotion Forex Options
Price Motion Forex Options dialog allows changing Contact Options and Graphical features. There are three ways to open Forex Options dialog - select from the left Toolbar (first button on the left side) or select from the Menu bar - Menu->Edit->Options. This dialog could also be opened from any context menu (right click anywhere on the Intraday, Daily or Weekly window). This dialog could also be opened from any context menu (right click anywhere on the Intraday, Daily or Weekly window).
The first checkbox on the left side is used to show or hide digital string of information on the top of the Intraday window. The second check box - Confirmation dialog - keeps the Player informed of his trading activity.
The next two check boxes allow the Player to change the thickness of the lines. On the right side are two buttons used to change the color of Short and Long positions. Lower there are three buttons used to change the color and style of the Grid lines. View mode allows seeing the change in price in percentage form or absolute value form. For Intraday and daily windows the auto scrolling mode follows the last price changing. There are last options - Contract Options. Player can set the Initial Scenario period. PriceMotion Forex will generate the currency price for the time set at the beginning of the game. The middle control allows the Player to increase or decrease Broker's commission. The Initial Balance is the amount of money Player has at the beginning of the game.
PriceMotion Forex Options
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1. |
Run PriceMotion Forex. After a while stop it. Click on Options button (first button on the left side) or Menu->Edit->Options |
The PriceMotion Forex Option dialog appears. |
2. |
Move Options dialog lower. Try to check and uncheck first and fourth boxes. Try to change colors and style of gridlines. Check and uncheck WorkBook mode. |
Options would change without closing a dialog. |
3. |
- On the View Mode tab select Absolute value view ($)
- Check auto scrolling mode for Intraday and Daily windows
- on the Initial scenario tab put 20 days
- on the Broker's Commission box select 35 $
- on the Initial balance tab insert 50 thousands
and click OK button |
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- Dear Jane, Thank you for your continued support and development of PriceMotion. PriceMotion has the potential to evolve into a very useful learning and analysis tool. I am using it to study price motion in the Forex markets. Some of the enhancements that I suggested are at this time are limitations that do not allow me to test simple trading ideas, such as drawing the daily pivot levels accurately and then being able to watch the price motion in the vicinity of the pivots. Hence the suggestion that crosshairs be implemented to be able to draw horizontal lines accurately at the corresponding pivot levels, and, the suggestion that the user have more control over the speed of the simulation. The multiple timeframes idea in PriceMotion is very valuable and is essential for making good trading decisions, however, giving the user additional flexibility to specify custom timeframes would be a very useful feature. Finally, the ability for the software to automatically draw the pivots levels, say, using the last 24 hourly bars as input would make my life much easier! In the world of professional trading, these pivot levels are watched very carefully by smart money, and more often than not, price action reverses or pauses at these levels on non-trending days. Perhaps you could look into this aspect and incorporate it into your simualtion. This would be very powerful feature . As you well know, price action is not random, but ultimately driven be the beliefs of the trading participants. When enough traders believe in a certain market behaviour, e.g. pivot levels, that behaviour becomes reinforced, and ultimately self-fulfilling. Again, thanks for continuing to develop this product and best wishes for the future. John - Hi Jane, My partner and I have developed a stock trading course which employs techincal and fundamental tools to make trading decisions. We teach our students about technical indicators and how they can be used to make entry and exit decisions. We love your 'Pricemotion' game, and would like to include a copy with our course. At present, we have 20 customers that we would like to send the game to. ....Thanks!
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