Paper trades are simulated trades that let aspiring investors and traders practice buying and selling without putting their own money at risk. The expression stems back to a time when ambitious traders would train on paper before putting their money at risk in real markets (before the ubiquity of online trading platforms). While learning, it is recommended to a journal. Therefore a paper trader manually logs every transaction to Toto keep track of simulated trading positions, portfolios, gains and/or losses. The majority of practice trading nowadays includes the use of a simulator that looks and feels just like a real trading platform.
The market has been range bound for the last few weeks with volatility on the decline, and earnings all over the place. So where to go to look for a trade? Nike has already had Earnings and is near a low of the year, so seems like a good option. As a contrarian that can mean only one thing to me: I have to make a trade with the assumption it will go up from here over the next 45ish days. We will do that by making a Long Call Vertical trade to bet that it starts to head up over the next couple months. For more on my trading and how to join me in real time, see below. Watch the video to get the details. Kal Trading Risk Disclaimer All the information shared in this video is provided for educational purposes only. Any trades placed upon reliance of SharperTrades.com are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, commodities, options and forex, there is also substantial risk of loss. All tr