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0 pointssf_rob8y ago0 comments

While it may be helpful to make the stakes real for your nephew, there are fake/paper trading accounts available at many brokerages.

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2 comments · 2 top-level

selectodude8y ago

Paper trading is like playing poker without money. You’re still going to take risks you wouldn’t otherwise because there’s no pain.

johnpowell8y ago

I used them for a bit. Perhaps I am weak but I took my paper losses as a mistake and my gains as my prowess. And I don't like to think I made the wrong decision. So we can go from there into how people make horrible decisions.

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