Hedge with Options series-Option Papertrade
Hello, mooers! Welcome to the Hedge with Options on moomoo series. In this post, we'll discuss Option Papertrade feature, where you can find it, and how to use it.
Do you feel confident in your paper trading, but are still hesitant about taking the step into options trading? That's why we created moomoo's Option Papertrade. It's there to help you practice your trading skills free of risks, so you can gain more confidence in real-world trading. Click here to try trading options for free>>
Where can I find the Option Papertrade feature?
Currently, only stock options listed on the US exchanges via moomoo's Option Papertrade feature are available.
Here's how you can find the Option Papertrade feature:
1. On the "Detailed Quotes" page
If you have a brokerage account with moomoo Financial, Inc. , go to the "Detailed Quotes" page, click [More]>[Papertrade] on the bottom right, and select a practice account to submit an order.
Any app images provided in the content are not current and any securities shown are for illustrative purposes only and is not a recommendation.
If you still don't have a brokerage account with moomoo Financial, Inc., you can go to the "Detailed Quotes" page, tap [Papertrade] on the bottom left, and select a paper trading account to submit an order.
Any app images provided in the content are not current and any securities shown are for illustrative purposes only and is not a recommendation.
2. On the Papertrade page
Tap [Discover]>[Papertrade], select the options paper trading account, and click "Buy" to submit an order.
Any app images provided in the content are not current and any securities shown are for illustrative purposes only and is not a recommendation.
Interactive rewards:
On moomoo community, share screenshots of your option paper trading record and explain how this tool helped you. Moomoo will draw 5 comments to receive 50 points reward each.(The interactive rewards is valid until June 30th.)
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All contents such as comments and links posted or shared by users of the community are the opinion of the respective authors only and do not reflect the opinions, views, or positions of Moomoo Financial Inc., Moomoo Technologies, any affiliates, or any employees of MFI, MTI or its affiliates. Please consult with a qualified financial professional for your personal financial planning and tax situations. Any testimonials provided herein may not represent other customers' experience, and there is no guarantee of future performance or success. Your experience may be different than the ones represented here.Moomoo Points may be redeemed only through the moomoo app and have no other value.
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Disclaimer:
Options trading entails significant risk and is not appropriate for all customers. It is important that investors read Characteristics and Risks of Standardized Options (https://Bit.ly/MoomooODD) before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options.Paper trading is free for users of the moomoo app and doesn't require the establishment of a brokerage account. This article is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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