Anxious to Trade? Try Paper Money

Hone your skills while your assets stay in cash. You are receiving this email because you signed up to receive emails from True Market Insiders, rebranding to Sector Edge. [Unsubscribe here]( Keep the emails you value from falling into your spam folder. [Whitelist True Market Insiders](. Forgot your login information? Click [here](. [Image] Weekly Market Update Today is June 11, 2022 Hey TMI Subscriber, Let’s say you’ve sold all the losers in your portfolio and you’re mostly sitting in cash. You know we’re in a bear market and that last week’s revival attempt by stocks is just a temporary blip within the longer-term downtrend. Still, you’re growing anxious and finding it harder to resist the temptation to make a bullish trade on just one or two stocks. Well, placing a trade doesn’t have to be a win-or-lose affair. I mean, there is a way for you to “trade” without having to “play for keeps.” You can actually use an online stock market simulator to “paper trade” until you get your sea legs, so to speak. Everything about your trades is real, except there’s no “real” money on the line. All you’re spending is time. Also, most online simulators link to actual brokerages. So, you have access to stock charts and other data you’d normally use to make investment decisions. It’s a great way to learn from your successes and failures. Of course, when you buy a stock that doubles in price over a week, you’ll need to refrain from beating yourself up or yelling at the dog. And you might discover that half the fun of trading this way is having the freedom to take risks you normally wouldn’t — and then reaping the rewards of your results. If investment simulators pique your interest, here are three good ones to check out. They’re all free, but you’ll need to register before diving in. All provide the tools you need to place any kind of trade on the NYSE (long/short/options/futures). 1. [Thinkorswim by TD Ameritrade]( You don’t need a brokerage account with TD Ameritrade to sign up for thinkorswim. Just register with your email address to access some of the most sophisticated tools available. 2. [Moomoo]( At Moomoo, you can open a demo account that functions just like a normal account, minus the real money part. Just go to the “Open Account” page and click “Paper Trading.” 3. [Investopedia Stock Simulator]( When you sign up for the Investopedia Stock Simulator, you’ll be given $100,000 in virtual cash. You can invest that money however you wish and compete with more than 700,000 other users. ***** Like I said, risk management is more important than ever today. Chris Rowe and Bill Spencer have been through many economic cycles together but always find ways to secure portfolios, and profit in bear markets. Tune in to find out why Chris calls this "the strongest risk management strategy" he's ever seen. [Click here to watch now.]( Happy learning, and happy reading! Enjoy this past week’s TMI articles.   This Week in True Market Insider June 6 - June 10, 2022 [Micro-Cap Monday - Here's How to Profit from Special Booze — Bill Spencer]( Bill Spencer tells you about a company that produces special alcohols aimed at four markets. And while he says profits may not pour in quickly, when they do, you could be looking at [gains as high as 117%](.   [Here’s How to Eat the Bear and Keep It From Eating You — Chris Rowe]( Chris Rowe wants to reiterate that we’re in the Declining stage of the market, and that it’ll be awhile before we move back to the Rising stage. Right now is the [time for bearish trades]( with the exception of one particular group of stocks.   [First Key to Widespread Crypto Adoption: Education — Marco Wutzer]( People are quick to label crypto as “funny money.” In reality, that’s an admission of ignorance. The truth, says Marco Wutzer, is that the more people know, the quicker they’ll get on board and [propel widespread adoption](.   [The Difference Between Energy and Consumer Discretionary? Big Profits — Costas Bocelli]( Find out which Energy stocks subscribers to Costas Bocelli’s three trading services have profited from, and the [one with plenty of upside]( left.   [Stick to Short-Term Trades, Options, and Commodities … or You Might be Sorry — Karen Riccio]( Think recent attempts by stocks to claw their way back to black will impact the long-term downtrend of the market? Karen Riccio is about to burst your bubble, and help you [navigate short-term opportunities](.   Copyright © 2022 True Market Insiders, All rights reserved. Our mailing address is: 7901 4th St. N STE 6113 St. Petersburg, FL 33702 Want to change how you receive these emails? You can [change your preferences here]( DISCLAIMER The information contained herein has been prepared without regard to any particular investor’s investment objectives, financial situation, and needs. Accordingly, investors should not act on any recommendation (express or implied) or information in this material without obtaining specific advice from their financial advisors and should not rely on information herein as the primary basis for their investment decisions. True Market Insiders LLC is not an investment advisor and is not licensed to give specific financial advice. The chairman of True Market Insiders, Chris Rowe, is also the CEO, CIO and owner of Rowe Wealth Management LLC, which is not owned by and is not the owner of True Market Insiders. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources believed to be reliable (“information providers”). However, such information has not been verified by True Market Insiders or the information provider and TMM and the information providers make no representations or warranties or take any responsibility as to the accuracy or completeness of any recommendation or information contained herein. TMM and the information provider accept no liability to the recipient whatsoever whether in contract, in tort, for negligence, or otherwise for any direct, indirect, consequential, or special loss of any kind arising out of the use of this document or its contents or of the recipient relying on any such recommendation or information (except insofar as any statutory liability cannot be excluded). Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice. Neither the information nor any opinion expressed shall constitute an offer to sell or a solicitation or an offer to buy any securities, commodities or exchange traded products. This document does not purport to be complete description of the securities or commodities, markets or developments to which reference is made. Unless otherwise stated, performance numbers are based on pure price returns, not inclusive of dividends, fees, or other expenses. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. You should consider this strategy’s investment objectives, risks, charges and expenses before investing. The examples and information presented do not take into consideration commissions, tax implications, or other transaction costs. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Some performance information presented is the result of back-tested performance. Back-tested performance is hypothetical (it does not reflect trading in actual accounts) and is provided for informational purposes to illustrate the effects of the True Market Insiders LLC strategy during a specific period. The relative strength strategy is NOT a guarantee. There may be times where all investments and strategies are unfavorable and depreciate in value. Relative Strength is a measure of price momentum based on historical price activity. Relative Strength is not predictive and there is no assurance that forecasts based on relative strength can be relied upon. Back-tested performance results have certain limitations. Such results do not represent the impact of material economic and market factors might have on an investor’s decision making process if the investors were actually managing money. Back-testing performance also differs from actual performance because it is achieved through retroactive application of a model investment methodology designed with the benefit of hindsight. True Market Insiders believes the data used in the testing to be from credible, reliable sources, however; True Market Insiders makes no representation or warranties of any kind as to the accuracy of such data. All available data representing the full platform of investment options is used for testing purposes.