You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

smarter trades learn how the stock market really works and generate consistent monthly

income. Now your host and head trader at

option alpha.com Kirk depluses.

Hey everyone this is Kirk here again at option alpha

com working every single

week to make this the most popular investing podcast offered online because it's

based on one thing and one thing only and that's helping you make smarter trades.

So thanks so much again for tuning in today on today's show we're going to be talking about paper trading, specifically what I believe to be some of the drawbacks of paper trading and why you've got to have skin in the game as an options trader.

Now if you're new to trading,

this is gonna be kind of like a basics episode.

So some of you who are just tuning in or just getting started

in options trading, you might have questions like,

should I start paper trading or if I am

paper trading how much further should I go with it you know should I reach certain

goals should I make a certain amount of money when do I stop paper trading and

when do I start real money trading.

And we're going to get into all of that here in today's show.

Now it might not likely be one of our longer episodes and that's okay because I want to get right to the

details and then obviously not drag on too much, but I want to get right to the details and then obviously not drag on too much but I want to first by start talking about some of the benefits of paper trading because I think there are a lot of benefits of paper trading and truth be told in whatever capacity you think of paper trading I do believe that there is a lot of

benefit in testing and back testing strategies so whether that means paper trading

them in real time or back testing them in some platform or retroactively, historically looking at a trading

...