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What Is Paper Trading?

What Is Paper Trading?   What's holding you back from investing in stocks? Is it because — like many of us — you're scared of “getting it wrong” and losing your hard-earned cash. Stock investing can be a little nerve-wracking at first, but luckily, some brokerages offer a way for you to get the hang of it before putting any real money on the line. This is called   Paper Trading. Paper trading is also sometimes called virtual trading. It involves  practicing placing buy and sell trades without risking a cent.  New traders use this service to fine-tune their stock investing strategy before committing their money to a brokerage account. Paper trading is a type of simulated investing where individuals can test the waters of the market without putting any of their money at risk. Using this service, investors can practice buying and selling stocks. Because it’s all fictitious, paper traders don’t have to worry about losing money, but they also can’t make any money. What Is...