Paper Trading in the Stock Market

Peter Leeds Paper frading FINO 100 Penny Stocks When you trade stocks, there are numerous advantages by starting with imaginary money, rather than investing real dollars. This approach, called "paper trading," will help you assess the merits of the stocks you are interested in, while developing the best plan to capitalize on the shares. Paper trading penny stocks works like this: Start with an imaginary portfolio of $100,000 Decide which stocks (and what amount) you would have bought Record the price of the stock at the time of your decision A.243,00 229,81 % 6.546,00 3.242,00 52,61 % 6.422,00 2.431,00 7,10 % 654,00 44.00 Keep track of the purchases in your imaginary portfolio. If you would have bought $20,000 of ABC shares when they are at $2, make a note of that in your paper portfolio. For example, your $100,000 portfolio now has only $80,000 in cash, while you also have 10,000 shares of ABC at $2. A FEW PAPER TRADING POINTERS: • don't invest all your imaginary money into one stock (spread it around among lots of differentinvestments) • don't forget to sell (just like you would with real money, take some off the table when it feels right) • you don't have to sell all at once (don't be afraid to keep some of your investment, and sell only a portion of your total holdings in any particular stock You don't need any fancy or expensive computer software! It's quite the contrary actually. Just keep track of your trades on paper, whether you use a scrap piece and a pencil you kept from you last mini-golf game, or a jewel-encrusted pen worth thousands. It really doesn't matter (unless of course the ink runs out...) Remember, once you start trading with real money, your emotions and decisions will be very different. On a personal note, it was through paper trading that I was able to develop my strategy and skills, and eventually around which I was able to build my entire company. After losing all my money in 14 days when I started out (at 14 years old), I had no choice but to use imaginary money from then on. At least until I figured out my mistakes and learned how to make that money back. The good news? I did figure out how to make the money back - hundreds of times over! And with a little patience, by starting off with imaginary paper-trading money while you learn, you too will be able to generate some incredible profits. About Peter Leeds Peter Leeds uncovers penny stocks of exceptional quality for subscribers of the Peter Leeds newsletter, which is one of the most popular financial publications of any kind. Over 35,000 subscriptions sold! Top Media Top Media Outlets Rely on Peter Leeds When it Comes to Penny Stocks! AP Associated Press NBC CNN YAHOO! OCBS The Boston Globe FOXIHD BUSIÑESS Los Angeles Times Commitment to Ethics Peter's ethics and integrity are unmatched. To this end, he invented and launched the 100% unbiased guarantee. This ensures that neither he nor any of his team members accept any compensation or bribes from the penny stocks they analyze or profile. With the 100% Unbiased Guarantee, you can rest assured that the Peter Leeds team is acting in your best interest! compensatio No I00% UNBIASED Interes No Vested Top Author PETER LEEDS Making tvehi Casle Penny Stocks DUMMIES INVEST IN PENNY STOCKS 8840 Leam tor A OUIDE TO PROFITABLE TRADINO Full Team The depth of analysis the Peter Leeds newsletter conducts is unmatched. Under the guidance of Peter Leeds, his full team goes into deep analysis on thousands of penny stocks, and they only bring you the best! Contact Peter People love Peter's accessibility. You can get in touch with him or his team right now through any of these methods: W: PeterLeeds.com p: 1.866.My. Leeds e: [email protected] Or check Peter out on: f in You Tube 8+ 07% OFAMERICT IARS