goals | Papertrademe.com

21 Aug

What is Papertrademe.com?

The Idea

Create a platform to allow people interested in trading commodities to practice risk free.

With our platform, users will be able to mock trade commodities using real, live conditions, such that if it were a real trade the user would have made (or lost) the money if it had been invested in the commodities market. Having experience in trading commodities ourselves, one of the most essential aspects of trading commodities is what is referred to as “paper trading”. Paper trading is simply pretending you’re in the market and tracking your progress based on real market conditions. What we wanted to create was a better way to track these paper trades – an automated way that allow us to focus on the actual trading rather than trying to keep up with the daily calculations needed to paper trade.

Thus was born papertrademe.com! Papertrademe.com will allow aspiring and professional commodity traders alike a place to practice and test out trading ideas and theories all at no risk to losing real money! We’re really excited about this and know that it will be a well-received platform.

Interested?

Good. Here’s what you can do to keep up with the development of this project.

Join our Email List.
Like our Facebook page.
Follow us on Instagram, Twitter and Tumblr where we post inspirational quotes and fun pictures and content. @papertrademe
Read our Blog. Start with this one: Jimmy Fallon, Dana Carvey and the Art of Practice

So, with many thanks and much appreciation, thank you for your support! Please stay in touch and share, share share!

The Bushel Boys

14 Aug

Jimmy Fallon, Dana Carvey and the Art of Practice

The other day I was catching up on my Jimmy Fallon clips and watched the very funny Dana Carvey and Jimmy Fallon doing “Wheel of Impressions”. They took turns doing spot-on impressions of Al Pacino and Arnold Schwarzenegger. But it was a comment at the beginning that really took me by surprise. In fact, it was a comment that was hardly even a comment at all. It was just said in passing. Fallon, referring to Dana Carvey’s impressions, said, “I love your impressions, obviously, and I’ve studied yours.”

“I’ve studied your [impressions]…” -Jimmy Fallon @fallontonight

Wait, Jimmy Fallon doesn’t just DO impressions? He has to “study” them? Does that mean everyone has to study to do impressions? They can’t just do them? I can just picture Jimmy Fallon standing in front of his mirror practicing his Al Pacino impression. No one is laughing at him or criticizing him. But his confidence goes up with each practice, so that eventually he can go out before his audience of thousands and entertain us.

Maybe this isn’t as shocking as it was to me, but it really got me to thinking, Hey, if Jimmy Fallon can LEARN to do impressions, why can’t I? Why do I have to just stand in awe of his work when I can do the same thing myself? Honestly, I can! I’ll never be Jimmy Fallon, but I can be just as good at something that he does…or even better.

Knowing this kinda takes away the intimidation factor, doesn’t it?

falloncarvey

And that’s exactly what we’re trying to do with trading futures by creating papertrademe.com! Trading commodities is intimidating, but you don’t have to sit back and just stand in awe of people who do it well, you can LEARN to do it, too! Papertrademe.com is a platform where you can practice trading in real, live conditions with absolutely zero risk. It’s like practicing in front of a mirror in your bathroom. With each practice trade you make, your confidence level goes up so that you can one day trade with real money.

And that’s why we like to say, “Practice Makes Profit”.

Come over to papertrademe.com and sign up today!

11 Aug

Should You Paper Trade Commodities?

Paper trading, also known as virtual trading or mock trading, enables you to mock-trade commodities, commodities or other investment instruments as if you were trading them for real money. Now, what is the point of such trading?, you might ask. Why waste time “pretending” to trade for real, when you can actually trade for real? That is the question many aspiring traders ask. If you too have doubts about paper trading, read on to know why it’s vital to the success of trading in the real market.

Education

If you are new to the world of commodity trading, then paper trading is the first wise step you should take. When you are still in the process of learning, it is not a good idea to trade in real money. If you do, the chances of you losing a lot of money are very high. Paper trading is a form of simulation training that allows you to get a feel of real money trading in the commodity market, without the risk of losing any money.

Right Track

Paper trading not only introduces you to the world of commodity trading, but also helps you develop your own strategies that can be tested and tried without any risk. These strategies, if successful, can be used in real money trading once you are ready. Even experienced traders who are having a hard time in the market may resort back to paper trading to identify their errors and get back on track to making profit.

It’s Fun

As there is no risk of losing money, you will absolutely enjoy the process of trading on simulated markets. This means that you will actually have fun learning about trading! The joys of paper trading can even be addictive!

If you’re interested in learning more about papertrading, be sure to joinpapertrademe.com and learn the tools and tips of the trade! #punintended