Fantasy trading: do they really make money?

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Published Apr 23, 2024

Let's talk about fantasy trading (a.k.a. paper trading). This way of trading simulates the stock trading process, where you engage in buying and selling without real money.

It's often considered to be an established way to learn trading and test strategies without the real trading risk, but does the real trading experience not involve the element of risk? It does!

It's important to note that paper trading does not fully replicate the real-world market environment. In addition to this, paper trading apps often include nudges that gamify the experience and push you to inadvertently foster habits that might not serve you well in actual trading scenarios.

That’s where this video comes in. It talks about the realities of paper trading and tells you what should be under your control if you do paper trading.

It’s only 5 days until the Zero1 fest! Check what is cooking there: https://zero1byzerodha.com/fest.

0:00 - Let's begin
1:12 - Why consider paper trading?
5:12 - Cadence of real-life vs cadence of trading
10:29 - Problems with paper trading
11:20 - Points to check if you do paper trading
13:19 - Bloopers coming!