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MeToo
post Mar 20 2017, 02:20 PM

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Paper trading. Usually u win more then lose. Cause you can look at things objectively, its not real money.

Real trading... emotion comes into play... always holding back for more profit, always holding back to cut loss, cause its REAL money.

So... if u can make 20% from paper trading... dont expect anything more then 10% in real trading...

Experience from Commodities trading.. not stock.. so it moves much faster..
MeToo
post Mar 20 2017, 02:51 PM

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QUOTE(Boon3 @ Mar 20 2017, 02:29 PM)
How exactly did you paper trade?

Care to share?
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For commodities?

Not sure how relevant it would be for your slower moving equities market.
MeToo
post Mar 20 2017, 03:33 PM

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QUOTE(lynetnonyma @ Mar 20 2017, 03:23 PM)
Your point about the emotions part is a very good one. You do not get the true impact of how emotions come into play when doing paper trading alone.
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and it doesnt get easier....

get burnt just waiting for that extra 20 points.... and after some 2 digit years of doing it... i still fall into the same trap..

 

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