papertrading
Paper trading, also known as simulated trading or virtual trading, is a practice method in which individuals buy and sell securities using fictitious money rather than real funds. It relies on real-time or delayed market data and mirrors many aspects of actual trading, but without financial risk to the participant. The primary purpose is to learn how markets operate, test strategies, and gain familiarity with order types and platform features before committing real capital.
Traders use paper trading to develop skills such as entry and exit timing, position sizing, and risk
Limitations of paper trading include psychological differences from live trading, where real money is at stake
Best practices for paper trading involve setting clear objectives, tracking all trades with rationale and metrics,