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📊Stock Market BasicsLesson 8 of 8100% through course

Your First Stock Trade

6 min read

Your First Stock Trade

Start with Paper Trading

Before you risk a single dollar of real money, you should practice with a paper trading account. Paper trading (also called simulated trading or virtual trading) lets you place trades using fake money in real market conditions. Your orders execute against real prices, and you can track your hypothetical profit and loss.

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