Does paper trading really give u a true understanding of how u...

  1. 1,048 Posts.
    Does paper trading really give u a true understanding of how u would trade as if it's ur own real money??? I think not. It's to easy to make trades with "paper" money.

    I mean, I had a $20k CFD demo account and ran it up to $100k, but I would never have traded the way I would had it been my own money. Yes we try tell ourselves trade like u would if it was ur own money, but the reality is, it's too easy to get carried away. Our mind thinks and acts totally differently when it's our own money.

    Maybe I don't have the discipline , but to me paper trading can't compare to real life. Best experience is real trading, and learn from ur mistakes
 
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