paper trading (1)

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Paper Trading Is Obsolete

1291340?profile=originalI don't actually embrace this headline.  In my experience, yes, emotions exist while paper trading.  It's merely that you can sleep at night knowing your bank account didn't go up in flames but that's just me.  It's also essential in my book that you determine what "type" of trader you want to be.  It's one thing to say you want to invest like Warren Buffett but just what does that entail?  Do you rally know?  It's also super easy to be sucked in by get-rich-quick ads and bloggers who entice you to sign up for their premium edition (none of which I recommend).  Don't underestimate the market.  It's NOT easy, even if you believe you've got a plan and everyone loses.  Everyone.  The trick is not to be fooled.  Ignore the headline newsfeed hype and learn to invest without emotion.  You'll be going up against high-frequency programs and number crunchers with degrees.  Are you truly ready to put up your hard earned cash against them?   Remember, if it were simple, everyone would be doing it

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