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How to practice trading without risking real money?

moomoo News ·  Feb 7, 2021 21:59  · Exclusive

From free introductory classes to advanced trading strategies, we aim to help you increase your knowledge and trade smarter. Let's make investing easier and not alone.

-Moomoo News Team

Do you want to practice investing skills without using real money?

Paper trading can help you to do that.

Paper trading is an online trading function and can offer you a demo account and you can use it to test your investment strategies. Paper trading is like a real trading market, but you are using virtual money rather than using your real money. 

How to use paper trading

  1. Go to the "Open Account" page and then click "paper Trading".

2. Now you are free to trade in the Hong Kong stock market, the U.S. stock market, and the A-share market on this page. 

Take US stocks as an example. Click "trade" and enter the purchase page. Then, search your favorite stocks or choose hot stocks.

3. For example, if you want to buy $Advanced Micro Devices Inc(AMD.US)$, you can change the number of shares purchased, as the arrow pointed. Then click "Buy".

4. Next, click "Confirm", $Advanced Micro Devices Inc(AMD.US)$ has been bought successfully.

5.Then the stock's profits or losses will be in your account.

by Mia

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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