need explanation to what paper trading really is
need explanation to what paper trading really is
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70087910 : simulate trading process![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
It provide fake account and money for you to practice first
Danny Milner : Paper trading is just like using Monopoly money but it still has the same effects as using real money. They provide lists of options on currently traded stock. You should have done your research before choosing to see how a stock performs. Take Tesla for example, if it’s currently trading at 1000 and you believe it will drop to 850, then find an option suitable to that. Tesla is a pretty volatile stock.