Paper Trading: Learn To Invest Without Risk Story

Learn to invest without risking any of your money. It's the safest way to practice and be confident in your decisions in the real world.

Maybe you can’t afford to  any significant losses or don’t know anything about the stock market yet. If you've always wanted to start investing but were too scared to lose money, this is the story for you.

What is Paper Trading?

It’s called a “paper trade” because it started back in the day before computers. A paper trade is simply a simulated trade to buy and sell stocks (without risking money). 

Pros and Cons of Paper Trading

Paper trading provides a great way to gain exposure to the stock market, but as with everything, there are advantages and disadvantages.

Pros Risk Zero Money

The biggest pro of paper trading is that you risk zero money! If you wanted to buy a thousand shares of Apple in real life, you’d need to spend over $100,000 (as of now)!!! However, now you can take a chance with your paper money to see what happens and risk no money.

Pros Test Out New Trading Strategies

Going along a similar vein as the first pro, you can try new trading strategies risk-free because you don’t risk any money. Maybe you think you found a way to do futures trading effectively.

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