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Paper trade is not for learning to trade as it is paper mone...
Paper trade is not for learning to trade as it is paper money and does not involve any real money. 1Hence, there is no emotions or real skills.
Paper trade is strictly for practice to know and understand the MooMoo platform better.... my 2 cents worth
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Have attended Professional Traders & many other courses like Options, warrants trading but still a novice & learning.
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104823856 : yeah
Trading Strategies : Your 2 cents are valuable!I agree that paper trading is a fantastic way to get familiar with the Moomoo platform and practice without financial risk. However, I also believe it offers more than just platform learning. While it doesn't fully replicate the emotional aspects of trading with real money, it allows traders to test strategies and refine decision-making skills in a risk-free environment.Many successful traders use paper trading to backtest their strategies and gain confidence before transitioning to real trading. It's a safe space to make mistakes and learn from them, which is crucial in developing as a trader.Ultimately, combining paper trading with real trading (even in small amounts) can provide a balanced approach to learning both the technical and emotional sides of trading.
Johnny B Goode OP : I cannot argue against that but I learn from trade experts not use paper trade but to swim with real sharks, learn lessons from them.
Turtle 400 : Agree. I can see how paper trading can help to learn how to perform a buy or sell.
2120Dude : vortex is a awesome tool /site, whish I found this earlier, I'm currently a disciplined paper trader, currently simulating a $ 500 account.......
ASSAYER :
Wing Chun. For me it’s about Timing. The 1M Paper account is my training field. Mission turn 1M into 2M in one 
yr. Without resetting. Once successful you will have the skills to battle the market and your Emotions.
Johnny B Goode OP : Attended a follow up on active trading tournament roundup on DLC last weekend.