![]() With this virtual money, you can make investments in the market in a virtual environment in real time. With these virtual platforms, you’re trading with virtual money, or paper money, that has absolutely no value. In your active trading account, your trades are made using your money. These virtual platforms provide market data like you would generally see in your active trading account. What Is a Trading Simulator?Ī trading similar is essentially a copy of the stock market on a virtual trading platform. These platforms allow you to test your investment ideas in real-time with virtual currency, meaning that you’re not risking a dime. Trading simulators are all over the Internet. Wouldn’t it be great if you had somewhere you could practice your investing strategy before risking your own money? But there’s no assurance that things will go as you plan - especially if it’s your first time putting money in the market. You’ve done the research, chosen a strategy, and picked some investments you believe will perform well. When you decide that it’s time to pull the trigger and make your entrance into the stock market, you may feel a bit overwhelmed. Many investors research for weeks or even months before risking their first dollar. As you start to research investing, you’re bombarded with a slew of information about how to invest, different investing strategies, and the types of stocks you should be looking for. ![]()
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