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Getting Started With Paper Trading
Rating: 4.2 out of 5(129 ratings)
6,334 students

Getting Started With Paper Trading

Learn what is paper trading and how to setup a paper trading account.
Created byMark Ely, Andy Peterson, Kumar Koppireddy, Ellis Estevez
Last updated 1/2017
English

What you'll learn

  • Choose an online broker and open an paper trading account that will allow you to practice trading with fake money.

Course content

3 sections • 6 lectures • 31m total length

  • Introduction to your instructor0:57

    Introduction to your instructor Mark Ely.  Overview of what you can expect from this course.  

  • Defining Paper Trading3:09

    In this section you will learn about the purpose of paper trading.  If is obvious that having a paper trading account allows you to learn and practice without risk.  However, you can also create "What-if" porfolio's to see how they would have turned out if you would have placed them in real life.  Paper trading is a not only a learning process, it is also a technique you keep with you even as an expert. 


  • Defining Paper Trades

Requirements

  • All you need is to have an interest in learning how to invest, as well as, an idea of some investment concepts you are wanting to experiment with.

Description

When learning how to manage your own investments.  It is important to experiment, as well as, learn in an environment that allows you to practice without anything at risk.   This can be done by paper trading, also knows as virtual trading. 

Today Paper Trading is done on a platform that validates that the trade you entered would indeed be accepted if it was backed by money.  

You will learn how to setup a FREE paper trade account and practice placing some trades.  You will also learn about the different types of orders and how they are used.  

This course is for anyone who wants to learn how to setup an virtual trading account or wants an overview of some of the common trading platforms available.

Who this course is for:

  • This course is for any individual that wants to practice trading investments without using any money through a virtual platform that simulates the real market.

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