The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be answering a question that was submitted on our Facebook page and that question is – “How long should you paper trade before making real trades?” This is a question we get fairly often and my default answer to this is that you should paper trade as long as you need in order to understand the mechanics and the terminology and the flow of whatever broker platform you're using. I think there's value in paper trading for sure in the sense that it helps you understand how an order is structured, how pricing goes into the market, potentially how P&L start to adjust and shifts over time, but ultimately, all of that stuff can be learned in a paper trading platform very quickly. What you should do then after you understand the mechanics and the system of the brokerage platform that you're using is quickly start changing over to real money trading and because I see a lot of people who end up paper tra