Saturday, October 31, 2015

paper trading

The beauty of paper trading is that you get to test your ideas without risking real dollars. Learn from your mistakes at no cost. At the same time, follow these paper trades as if your real hardearned dollars were at risk  which should teach you how to monitor open positions . There’s an emotional and psychological element to trading that causes human beings to react differently when we feel something important  money  is on the line, versus how we trade when we feel no such pressures. Please take the simulation seriously, as it is a core element in the flow of this program.You will very quickly understand that call options can give you the right to buy a stock at a specified price for a specified period of time, and that put options gave you the right to sell rather than to buy a stock.