I am new in black berry development, just like console output in J2me development and log cat in Android to see the event log of the simulator, is there anything for Blackberry so that I can keep a track on application logging on Blackberry.
You can use System.out.println() and it will appear in the output window in Eclipse. I would suggest putting some wrapper class around it to emulate some of the features of LogCat, such as making static methods that tag each with [DEBUG], [ERROR], stuff like that. Also, there will be a good bit of other debug output from the simulator/device, so find a way to distinguish your logs (I prepend ========== to each of them so I can see it quickly).