Is paper trading a good way to learn how to trade?

Asked 5 years ago

I've learnt that there are different ways to paper trade. There's a pen and paper method, the spreadsheet method, and virtual trading. I'm leaning towards a trading platform simulator because I feel it would be more realistic. But, I figured to check in here first. How did you learn and which do you recommend?

Paper trading Learn how to trade

Osasere Okunloye

Sunday, September 12, 2021

Virtual trading is good, you can trade with all the real-time market conditions except that you won't be using real money, but paper money. It is a good way to learn trading strategies without all the psychological and emotional stress that comes along with staking real money in a trade. You can virtual trade on Investopedia, Fidelity, Sensibull etc.