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Can paper trading help you get a better outcome in stock trading?
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It’s a safe space to learn the mechanics of placing trades a...

It’s a safe space to learn the mechanics of placing trades and building a portfolio. There’s a reason student drivers take the wheel for the first time in abandoned parking lots. The best place to make all the rookie investing mistakes, such as mistyping ticker symbols or misunderstanding order types, is wherever you can suffer the least financial damage. Holcomb says removing that worry that you're going to make a mistake and lose it all allows you to focus on your strategy.

You can test drive new investment strategies and types. Looking to expand your investing repertoire? Trying before you buy is especially important when venturing into new strategies, such as shorting stocks and trading options, and more sophisticated investing fare such as futures and commodities and foreign currencies (forex).
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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