XAUUSD 4,151Live gold map →

What is Paper trading?

Simulated trading with live data and no real orders. Cheap, but fills are optimistic because simulated orders are not really in the queue.

In context

Paper trading — Simulated trading with live data and no real orders. Cheap, but fills are optimistic because simulated orders are not really in the queue. [Ch 12]

From Reference: Glossary, Pre-Session Checklist, GC→XAUUSD Conversion and Contract Cheat Sheet

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Education only. Not financial advice. Trading involves substantial risk of loss.