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Created January 31, 2022 13:11
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<h1 class="text-white"><br><strong>WHAT IS PAPER TRADING IN STOCK MARKET?</strong><br><br></h1>
<h2 class="text-white"><br>DOES IT HELPS TO TRADER AT PRIOR STAGE OF LEARNING?<br><br></h2>
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<h2 class="text-center text-dark mt-3" style="font-family: 'Inter', sans-serif;">WHAT IS PAPER TRADING?</h2>
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<p class="text-center"><span class="by">by</span> <a href="#" style="text-decoration: none; margin-right: 6px;">STOCK MARKET HEROKU APP</a><span class="date">FEBRUARY 07, 2022</span></p>
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<p>Paper trading is a simulated way of trading/investing money that allows a new Trader/Investor to buy/sell a Stock without risking their own money.
To some extent, it's good! But, when it comes to psychology, that person won't develop that just because they are not risking their own money.</p>
<p>See Paper Trading is a preventive measure at the early stage of Trading but, when the person will start risking their own money, their actual game of mindset will improve significantly.<br><br>
While learning, a paper trader records all trades by hand to keep track of hypothetical trading positions, portfolios, and profits or losses. Today, most practice trading involves the use of an electronic stock market simulator, which looks and feels like an actual trading platform.</p>
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<p>ADVANTAGES</p>
<ul style="font-size: 14px;font-family: Inter, sans-serif;">
<li style="font-size: 14px;font-family: Inter, sans-serif;">Trading without risks</li>
<li style="font-size: 14px;font-family: Inter, sans-serif;">Unlimited Source of income</li>
<li style="font-size: 14px;font-family: Inter, sans-serif;">No worries if you lose money</li>
<li style="font-size: 14px;font-family: Inter, sans-serif;">With the help of this Learn and Apply strategy will become a boon.</li>
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<p>DISADVANTAGES</p>
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<li style="font-size: 14px;font-family: Inter, sans-serif;">Mindset and Psychology won't be developed.</li>
<li style="font-size: 14px;font-family: Inter, sans-serif;">Discipline will not be sustained. Though SL hits an individual will not sell it just because they are not gonna lose a dime in real life.</li>
<li style="font-size: 14px;font-family: Inter, sans-serif;">Will not become a Confident Trader/Investor until and unless an individual will not risk their own money.</li>
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<h3 class="mt-3" style="font-family: 'Inter', sans-serif;">SO, NOW WHERE INDIVIDUAL CAN VIRTUALLY TRADE INTO SPECIFIC STOCK?</h3>
<p>There are many websites and applications where you can Virtually trade but, here we will suggest you websites in which we have priorly started our Journey.</p>
<hr>
<p> <strong>1. MONEYBHAI:</strong> MoneyBhai is a website where individuals can experiment with their trading strategy. And luckily, I had started investing or trading into a Stock from this Website. Daily I was experimenting with different strategies in Stock Market. And, I bought the Stock in the bulk of quantities just because they aren't my own money. </p>
<hr>
<p> <strong>2. TRADINGVIEW:</strong> TradingView is a Platform where along with Stocks, a person can even invest in Cryptocurrencies. Another good thing is that person can do their self-analysis on Charts using different indicators and measurement tools.</p>
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<figure class="figure text-center"><img class="figure-img" src="data:image/png;base64,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" style="width: 200px; height: 200px;">
<figcaption class="figure-caption">TradingView</figcaption>
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<p>When you risk your own money, you will be pleased and on daily basis will become a more confident and disciplined Trader/investor. One fact is that an individual will think twice and will do more research before taking any specific trades just because they don't want to lose their money which, they will.</p>
<q style="font-family: 'Raleway', sans-serif; font-weight:600">YOU DON'T LEARN UNTIL YOU FORFEIT. AND MISTAKES LEAD US TO EXPERIENCE THE MOST WORTHY THING IN LIFE.</q>
<p> <br> Do Research, Practice more, Apply your Strategies on the chart, and then invest in a Stock priorly in Virtual Trading further when you have better confidence in your trades then look further for investing it in your real life.</p>
<p>Goodbye Folks👋</p>
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