What Is Paper Trading?
Definition and plain-English explanation of "Paper Trading"

Paper trading is practising buying and selling stocks or crypto using virtual money instead of real cash. It allows investors and traders to test strategies, learn market mechanics, and build experience without any financial risk. The term comes from the old practice of recording simulated trades on paper. Market Navigator's simulator is a free paper trading platform using live market prices.
Related Terms
Day trading involves buying and selling securities within the same trading day — sometimes within mi...
Swing trading involves holding positions for several days to weeks to capture medium-term price move...
Short selling is a trading strategy where an investor borrows shares and immediately sells them, hop...
A stop loss is a pre-set price at which you automatically sell a stock to limit your loss on a trade...
Market Navigator Glossary — plain-English definitions of 93+ investing and crypto terms. All content is for educational purposes only and does not constitute financial advice.