Why am I so comfortable Paper Trading and making Huge Profits, but when it comes to the real deal I'm such a Pussy, today I decided to Paper Trade after I missed my play on XGTI because of internet issues, (my entry point would've been the $2 mark). I decided to HOTSPOT my phone and paper traded ETRM, honing in on some skills and set-ups that I like, buying off of the TRENDLINE, buying the PULL-BACK as well as the WEDGES and BULL-FLAGS.
@petwyt1218 I'm trying to say is Paper-Trading is good for honing in on some skills and good set-ups especially with Momentum Stocks, which what most Day Traders like to gravitate to.
@GreTa what paper trading software can i use that gives real time quotes ?
Think or swim but you need to have at least $10 funded into a live account and then you can call them and get live feed on paperaccount, thas what i did so i wouldnt have the delay
@zuwa Think or Swim and Aricks right be sure to call them tell them you want Real Time Quotes on your Paper Trading, because if you don't will get a 20 minute delay, I think that's what turned me off Paper Trading initially because of the 20 minute delay, what I didn't know is you had to call them and ask for real time quotes, and also ask for real time quotes for your Live-Trading, because sometimes their platform is set as a 3sec delay, so be sure to call them and ask them for REAL-TIME QUOTES
Join now or log in to leave a comment