Paper trading vs live trading
Paper Trading First
Invested Pro was founded on the premise that everyone should have access to high quality education about the financial markets. We are a believer in fully preparing yourself through hands-on training, professional guidance, and the right learning environment. Although it may be tempting to start investing or trading right away, it's important to first build up your skillset and your confidence level.
One of the best ways to apply what you learn from Invested Pro instructors is to use Paper trading to simulate the ideas and strategies that you are learning. From there, you will start to build your comfort level using the various tools available at Invested Pro; such as the learning paths, live classes, assignments and quizzes, and the traders forums. At this point, it's recommended to start off relatively small and focus on making steady returns and the proper investments over time.
Always be sure to apply the risk management and hedging strategies you have learned along the way.
Note that not all online brokers offer simulated trading, so it's important to do your research first.