Your Questions About Paper Trading

Sandra asks…

is money made trading paper more valuable to an economy than money made by sweat and labor?

should the tax code tax income less that is the product of sweat and tax income more that is earned sitting by the pool and playing with your lap top?

John answers:

It is of equal value, so it should be taxed equally.

I say this because I believe that if someone has the ability to make money with a mere laptop than that person is doing the same thing as the person who has to sweat for money, using his/her resources as best as possible.

Michael asks…

What is a good, free easy-to-use Website for Paper-Trading

I am 16 and would like to get a realistic taste of the stock market, thanks in advance

John answers:

Investopedia.com

Paul asks…

there is stock trading for currancies, oil and many thing, Is there stock trading for paper?

As I’m trading in stock market, I’m looking for trading in paper market…
I would like to know the change in price for paper day by day???
Can I know the website for it.???

John answers:

There is no market for paper as such. The underlying commodity for paper is wood pulp which is traded on the Chicago Board of Trade.

Linda asks…

What type of printer do i need to print trading cards? What type of paper/Size/Thickness, and coating process?

Does anyone know what type of printer would print commercial trading cards? How do they get the finish coating on the cards? What type of coating is it? What process do they go through? What type of paper/card stock is used to do most trading cards? Any help is appreciated.

John answers:

SORRY CAN’T HELP YOU WHEN READING THIS DO IT WITH AN ACCENT

Helen asks…

What is the best website for Paper Trading?

John answers:

Options Xpress

You have to fill out the online form as if you were actually opening an account, but you don’t have to actually “fund” the account. Once you complete this process, you’ll have access to their virtual trading platform. From there, you can create a fake monetary balance and place trades for stocks, mutual funds and options.

The virtual platform behaves exactly as their regular trading platform would behave, and isn’t much different than what you could expect from Scottrade, E*Trade, TD Ameritrade, etc. I used the virtual platform (and still do) when I started learning how to trade options and short stocks. I find it helpful to work through different trading strategies to figure out which ones would be more adventageous.

If you mess up and loss a ton of virtual money, you can always add more.

Have fun and happy trading!

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