Stock Trading: How To Paper Trade With A Purpose



Get the Speadsheet: http://claytrader.com/lp/Paper-Trading/ Free Guide - The 5 Tools I Use To Find Stocks To Trade: http://claytrader.com/lp/Free-Guide-Trading-Tools/?utm_source=social&utm_medium=youtube&utm_campaign=resource%20guide Paper trading is one of the most powerful tools you can use as a trader. Whether you are new or have been trading for years and want to work on a new strategy, paper trading has many uses. With this being said, if it is not done correctly, it can lead you to false confidence and fools gold. This video will show you how to paper trade with a purpose. The Stock Trading Reality Podcast - http://claytrader.com/podcast/ Join My Private Trading Team - http://claytrader.com/innercircle/ Learn to Use Charts - http://claytrader.com/training/ ClayTrader.com and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. Investing/trading in securities is highly speculative and carries an extremely high degree of risk.

Comments

  1. hey clay have you tried the RH app yet ?
  2. Investopedia has a very nice "Virtual Trading" tool. http://www.investopedia.com/simulator/
  3. Thank you first of all for doing this and helping us new traders learn to paper trade the market! I was looking to try the spreadsheet for trading the Emini futures, however the calculations for the tick amount per ES movement does not match to the calculations on the spreadsheet (since the value per tick is $12.50). any chance you can help me in this area if I trade the ES or the dow mini?
  4. thinkorswim paper trading sucks. I can never get out of my position when i place limit orders even if they are way cheaper than the asking price. It is so frustrating and ridiculous.
  5. Thanks a ton for this!!!
  6. Hello Clay, do you not get charged $9.99 per sell trade as they are being traded individually on different days rather than all 500 at once? $9.99x4 or $6.95x4? Thanks
  7. Hey Clay, I'm currently saving up some cash to take the plunge into CTU. Seeing how much you stress the importance of paper trading in the podcasts I came over to this video to check it out to see if I could give it a go. I have absolutely no experience in the market but I want to be as productive as possible while I'm only able to save up. Is it worth trying to paper trade with no knowledge or experience? Would I just be picking up bad habits due to a lack of any strategy?
  8. I want to learn trading but I don't know from where to begin.
    I familiarised myself with basic terms situated with trading and want to learn more.
  9. I got the spreadsheet but it doesn't work on my iPad. It is in read only mode
  10. Thanks...so much info
  11. Hey Clay, I've been trading for free on robinhood for about 6 months now and Ive been stuck at 1k the whole time. Now I have watched a lot of your videos on here and they helped me a lot. I took all your charts and wrote em down as well cause i thought they pretty cool as well. And now, you finally talked me into paper trading! Thanks bro!
  12. Thanks for the video, /going to look into more of what you have to offer for sure.!
  13. Hey Clay, you are just counting 9,99 comission only for buying, and for selling you don't pay comission?
  14. yeah tal about imagination making imaginary million dollars ...
  15. Hey man shave u look like a bum...that sucks asss
  16. This was very helpful..i am going to start watching all your videos..you make it so easy to understand ..
  17. Nice video man. The only that I didn't understand was per Trade or Share Commission
  18. Maybe it's just me, but I paper traded for about 2 days, got bored, and jumped in... my first Iron Condor was "in the wild" and was a BUZZ ! Hahahaha, it WAS a 2 standard deviation trade, mind you... mid 90% probability of success... about a week before expiration... made me about $30 after commissions... But it was REAL trading, with REAL money and REAL fear, lol !
  19. thanks clay this video really gives me somewhere to start as far as gaining experience.
  20. 200th like!!!!








    dont judge me


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Duration: 21m 0s

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