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Can paper trading help you get a better outcome in stock trading?
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Learn as much as possible

It is highly recommended to practise on a demo account, whilst simultaneously educating yourself on the market. There are so many free blogs and education portals you can use. Don’t underestimate the importance of a strong understanding of the trading platform and the markets you wish to trade on. Preparation is key. We recommend using the demo account for at least a few days, before switching over. You can also use our trading calculator in order to estimate the possible outcome of a trade before entering it.
Finally, remember that trading does not suit everyone. Those people that rush to trade without considering the intricacies of the platform or the market may end up disappointed, not to mention ending up with lighter pockets.
Use paper trading as a mirror to yourself, in order to answer the following questions – am I ready to trade? Is this market suitable for me? If the answers are yes, it is time to open a real account!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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