What are some things I should know that I might not have learned in school or paper trading?


The last few years I have learned the basics of the stock market and trading in various business classes. I did some independent research and that took me farther than where my teachers had time to go.

I want to know if there are any important things I probably didn't learn in class or during my paper trading competitions.

A few specific questions I have though

I'm not sure how to decide where I want to trade. I was thinking about using webull because of the promotions I was offered to open an account and the 5 percent return on uninvested cash. Is there one platform that is better than the rest or will webull be just fine?

Are there any unexpected costs or fees? The paper trading competitions did have gees on each trade but due to the volume that we had to work with the fees were basically irrelevant. However I see so many places offering no fees or zero commissions. Is there a catch to that or is it really free trading?

And then any other tips. If I decide to commit it will just be a small account 100 dollars or so. I'd like to see how I do compared to the rpth Ira account I have because at this point it hasn't made a positive yearly return. Which is understandable considering the year I began but I'd like to see how I do for myself.

If this isn't the place for this I'm sorry.

Thanks for reading


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