@bjpsf You're only cheating yourself at that point.

for my experience yes it is. the only think it is usefull is for gettin familiar with the platfrom . I did paper trading 2 times for months and the results are diferent with real world my advice is to just practice a bit with paper trading and traqde for real with minimun size so you can learn for real IMHO

While I have only done 3 live trades, I paper traded for over 3 months. And in my opinion paper trading is ONLY useful if you are willing to learn from it. Agreed, the emotions aren't in it, but if you treat it like real money and learn from losses then you can improve your fundamentals. The only thing I'm struggling with live trading is the phycology involved. My fundamentals are still the same though, I just get too nervous to actually do a trade (although thats slowly changing)

As long as you cut your losses when you're actually trading and don't open yourself to disaster you should be good.

@timothysykes tim preach! its all about finding my groove. i followed your alerts and other chatroom hype with no solid plan of my own. my only 3 profitable trades were done when i did my own research (GRPN (2015), LGCY, ORIG).

I try not to mirror trade as Tim says... I lost on taking some of his alerts BUT I also won BIG with tickers found in the chat... when oil was starting its first rally

Stock movement is usually based on illogical factors. One of them is "hype". The alerts, chat and stocktwits can often get you in a good spot because you need volatility to make money and hype produces that. On the flip side if you are chasing it is usually bad.

Did the same thing following Tim's alerts and a few days I made money but most of the time I lost til finally he made a video literally saying dont follow his alerts, sometimes by the time he alerts its too late. Lesson learned and now I'm a bit more profitable,

Did the same with SUNE, just use it as experience for the next time.

It happens to all of us. Chalk it up to experience, now you know what NOT to do

Yea i guess should've got out when i was up $40 but i got greedy smfh...emotions are a helluva drug