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Beginners Forum Think you might want to try trading? Want to ask a question but worried about saying something silly on the main boards? This is the place where you can take the first few steps in safety.

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Old 08-09-05, 12:53 PM
JRich's Avatar JRich JRich is offline
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Paper trading

Can u guys recommend a good site where I can do serious paper trading... most of them have very limited functionality & I want to explore every option, strategy & idea possible... thanks.
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Old 08-09-05, 02:56 PM
TheWolf's Avatar TheWolf TheWolf is offline
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Re: Paper trading

I thought most if not all brokers offer fully functional demo platforms
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Old 08-10-05, 12:05 AM
DrForex's Avatar DrForex DrForex is offline
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Re: Paper trading

Quote:
Originally Posted by JRich
Can u guys recommend a good site where I can do serious paper trading... most of them have very limited functionality & I want to explore every option, strategy & idea possible... thanks.
Beware of analysis paralysis.

It sounds like what you want to try is to re-invert the wheel.

Be sure to do the bulk of the exploration with the amount of money that you will put to live trading. This limits the possibilities somewhat because most demo programmes are limited to fixed amounts of money like 10K or 50K.

Most beginners don't lose because of the parameters of their technical analysis systems but because of much deeper lying factors that can't be detected by testing testing testing.

Unless you already know what you are doing most of your time on such project will be wasted.

All of the best with your efforts.
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