Ep 213: Check It Before You Wreck It: The Account-Saving Art of Paper Trading
1Description
Some traders don’t realize how important paper trading is until it’s too late.
Hosts Kim Ann Curtin, Stephen Johnson, and Tim Bohen want to make sure you’re not one of them.
They know your hard-earned money is precious. You trade to make more tendies, not to lose the ones you already have. And you hustle to squeeze trading time into your busy schedule and study up on top strategies.
But even after you put in the screen time, study time, and cold hard cash … success isn’t guaranteed. This week’s episode focuses on a crucial step that a lot of traders skip: paper trading.
Find out how this underappreciated art form can fast-track your learning and save your account at the same time.
Follow our hosts on social media…
Tim Bohen
Twitter: @tbohen
Instagram: @tbohen
Stephen Johnson
Twitter: @Jonk87
Instagram: @stephenjonk87
Kim Ann Curtin
Twitter: @kimanncurtin
Instagram: @kimanncurtin
United States
I opened my acct w/ $400 & started trading. Once I realized I knew nothing on what I was doing. (went 4 for 20 on trades/ lost -$600+/ Commission was $9.95 per in & out on trades). Stopped trading and started building my accounts w/ $$$$ & Knowledge. At that point I knew I must trade w/ a paper trading acct. So I wouldn't be lose as much of my capital when I was learning.