Stock Paper Trading

Just Started Day (Paper) Trading Stocks?

New postby Star » 29 Oct 2012, 17:10

This is what I do at work instead of what I'm supposed to be doing.

Is this good?
Am I getting lucky?
How can I improve my profits?
Or cut my losses?
Should I diversify more?
How can I improve?

http://spreadsheets.google.com/pub?key= ... CGFTfg1SUQ
Star
 
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Joined: 08 Apr 2009, 18:45

New postby Guadalupe » 29 Oct 2012, 17:11

Paper trading is a good way to get an idea how things work.

The challenge is that these trades may not have been executed because only a live market can determine the price.

Next, you have to add up how big is this portfolio? Do you have these assets, and then there is the question of margin.

I did this for a number of years before trading a single dollar. It helped, but there is a big difference to paper and real money, and real time.
Guadalupe
 
Posts: 1404
Joined: 08 Apr 2009, 18:45

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