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How to practice trading without risking real money?

Moomoo News ·  {{timeTz}}  · 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".

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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.

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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".

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

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

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by Mia

The content in this article is intended for general circulation and informational purposes only. It does not take into account the investment objectives, financial situation or needs of any particular person and should not be relied on as advice or recommendation. Information provided in this article are not specifically intended for or specially targeted at the public in any specific jurisdiction. Neither Moomoo Inc. nor its affiliates are licensed Financial Advisers and do not provide financial advice. You are advised to consult your financial adviser before making any commitment to invest in any capital markets product. The information published is not and does not constitute or form part of any offer, invitation or solicitation to subscribe or to enter into any transaction in capital markets products.