paper trade
The term "paper trade" is widely used in finance to describe a risk-free method of practicing trading strategies without using actual money.
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Definition
B2Finance
(technical, educational)Simulating trading activities without using real money to test strategies and gain experience.
Example
- Many beginners use paper trade accounts to practice before investing real money.
- He spent several months paper trading to refine his stock-picking strategy.
Similar
Terms that have similar or relatively close meanings to "paper trade":
day tradetime tradestraight tradepaint the tapesocial tradingtrade paint