The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone, welcome back. On today’s daily call, I want to encourage you to please stop paper trading unless you’re doing this one thing. This is a podcast for anyone out there who’s started to paper trade or you’re thinking about paper trading which is basically just simulated or fake options trading until you get comfortable with the markets and maybe your broker platform. Paper trading is actually very popular and I don’t obviously suggest that you start with paper trading unless you want to. It’s just a way for you to get more comfortable and familiar with a platform, but it’s not a requirement by any means to paper trade first before you start real money trading. But here’s the problem I see with people when they start paper trading. I like the concept of paper trading in the sense that people try to replicate their account. They try to do a paper trading account that’s $5,000 and try to make positions as if they were in the real market. Well, the problem is that you’re not in the real market. In most