Short description
Transact gold contracts in the futures market.
Capacity
You act in the role of a speculator.
You act in the capacity of aggressor.
Task
Your task is to make money, preferably as much as possible.
You start with a certain working capital; make it grow by deal-making.
Objective
The aim of this simulation is to end up with a working capital which is higher than you were provided at the start.
Conclusion
At the end of the simulation, analyse your performance. See what you have done and when you have done this and whether it could have been optimised. This way, you learn and optimise your competences.
Compare your activity to specific elements in the price chart (such as maximum or maximum price levels, as well as price trends).
Financials
Initial working capital is 900.00.
Exchange fee = 0.05 per contract; clearing = 0.05 per contract.
Initial margin is 100.00 per contract.