Paper Trade with Real Money to gain exposure

S

SCF

Guest
#1
Dear Friends,
I have seen in forum that many are paper trading the strategies mentioned here.
Paper Trading without real money does not make sense in many ways, if I am not wrong.
So, Divide your capital into two parts. Deposit of one part of capital into a bank account. Keep another part in your hand.
Then paper trade. If you make a profit, deposit that profit amount from hand balance into bank account. If you make a loss, draw that loss amount from bank a/c into your hand.
If strategy is working well, your bank a/c should increase and your hand balance gets dried up. If your hand balance is increasing your are loosing the game.
Try...this. You will get the real feel of the market. I assure you.
 

SwingKing

Well-Known Member
#2
With all due respect, I dont think this would work. See eventually you are not loosing any money. You are simply transferring it from one account to another. There is only "ONE" way to really feel the thrill of trading ... and that is by actually placing the trades and witnessing them dip or rise.

If this works for you, then continue with it. But I'd say doing it the tough way is more beneficial for the longer run.
 
S

SCF

Guest
#3
With all due respect, I dont think this would work. See eventually you are not loosing any money. You are simply transferring it from one account to another. There is only "ONE" way to really feel the thrill of trading ... and that is by actually placing the trades and witnessing them dip or rise.

If this works for you, then continue with it. But I'd say doing it the tough way is more beneficial for the longer run.
I am afraid that you have not understood the essence it. Kindly understand the difference between Paper Trade without money and Paper Trade with money.
I suppose what you are suggesting is actual trade. What I am talking about is dummy trade with real money. It is similar to dummy trading accounts on many sites. The beauty of Paper Trade with Real money is you need to shuffle your real money whether you make profit or loss. But in paper trade without money, there is no money involved hence no feel of profit or loss.
 

atulaw

Active Member
#4
The worst thing about paper trading is, that you wont/cant consider execution difficulties when trading.

Ultimately real trading is real trading and paper trading is just that.
 

veluri1967

Well-Known Member
#5
The worst thing about paper trading is, that you wont/cant consider execution difficulties when trading.

Ultimately real trading is real trading and paper trading is just that.
You are 100% correct. The real execution is to be considered when you actually trade. I feel its entirely a different ball game which requires a lot of skills like keying in of trades at lightening speed. What do you say? :)
 

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