day trading is no exception to this rule. By far the best way to learn about how prices move, how to choose the trades, and how the inputs and outputs of time, you realize all these things.Fortunately, the day traders in the grass at the expense of those who learn the others - can get practical experience in a safe. It is not only safe, but free as in economic terms.
I'm talking about commercial paper. This is the simulated negotiation, or trade without real money. As an airline pilot trainee can use a calculator to practice taking off and landing an aircraft without the risk of damaging an aircraft true, the trader can buy and sell stocks (or futures, swaps or options) in a simulated environment. Doing so means they are at risk of capital loss. This gives students the freedom to experiment, try new things, and rookie mistakes without harming their bank account.
A large number of experienced operators are rather dismissive of card transactions. They argue that since no real money is at stake, there is no known psychological pressure when dealing with trade. This is absolutely true, but which devalue the whole exercise? I do not think so.online trading may be more difficult for commercial paper, then run a marathon is more difficult than a run of 10 miles of training. This means that a marathoner should never go shopping for training, and have no value? Of course not! They are essential for the preparation of the real thing.
Similarly, commercial paper is an indispensable preparation for direct trade. This is a step in the process of education. And 'the commercial equivalent of learning to ride a bicycle with training wheels to help. If a trader can not make a profit in the simplest of the simulation, it is unlikely to do so in a real-time market.
