Little Traders 2, a free iOS stock market trading game, launches in the App Store today. Little Traders 2 builds on the award-winning Little Traders mobile game, which gives players the opportunity to paper trade on the stock market in a gaming environment, akin to a ‘SimsCity’ for traders.
Like the previous version of the game, Little Traders 2 is set in a fictional replication of the 1920s US stock market. Players are given trading and investment missions and if they prove their trading skills they can earn virtual money, expand their offices, hire more traders and build their own Wall Street empire. They can also challenge their friends and other players in a ‘Battle Mode’.
Instead of using real prices, the data is simulated. According to Sebastian Kuhnert, Founder and CEO of the game’s developers, Tradimo Interactive, the data is designed in such a way that makes it useful for experimenting with technical strategies and for practicing pattern identification:
“Little Traders 2 simulates a realistic market environment by combining random walk with common patterns known from technical analysis, thereby creating trending and ranging markets, double tops, overshoots after news as well as pullbacks… Later on, players unlock the ability to use moving averages and Japanese Candlesticks, and to go short.”