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Getting Started With Paper Trading

Explore paper trading: a risk-free way to practice investing! Learn how to set up a paper trading account and test your strategies.

4.1(125)
6,231students
31m
Mark Ely
Mark ElyExpert options trader, software programmer, and CXO

Course Content

Getting Started With Paper Trading is an all-levels Udemy course taught by Mark Ely. It runs 31m and is taught in English. Learners rate it 4.1 out of 5 from 125 reviews, with 6,231 students enrolled. It is free to enroll, first published January 2017.

Embark on your investment journey with confidence! Learning to manage your own investments requires practice, and what better way to hone your skills than in a risk-free environment? This course dives into the world of paper trading, also known as virtual trading, a crucial step for beginners.

You'll discover how to set up a FREE paper trading account and gain hands-on experience placing trades without risking any real capital. We'll guide you through the process of using modern paper trading platforms that accurately simulate real-world trading conditions, validating whether your trades would be executed if funded.

Key topics covered include:

  • Understanding Paper Trading: Learn the benefits and how it prepares you for real investing.
  • Setting up a Free Account: Step-by-step instructions to get started with virtual trading.
  • Order Types: Master the different kinds of orders available (market orders, limit orders, stop-loss orders, etc.) and how to effectively use them.
  • Exploring Trading Platforms: Get an overview of common trading platforms and their features.

Whether you're a complete beginner looking to learn the ropes or seeking an overview of available virtual trading options, this course provides the foundational knowledge you need to confidently navigate the markets. Start practicing today and build your investment skills!

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