This is where "paper trading" comes in handy. Instead of buying stocks with real money, paper trading simply means that you game out your investing strategy with fake money and track your results.

Although the risks remain the same, you can refine your knowledge of options trading using an online paper trading options simulator that lets you practice without committing any funds ...

Iron condors allow you to invest in the stock market with a neutral bias and own positions with more limited risk and a higher probability of success.

Paper-trading competitions—where participants trade virtual stocks in simulated markets—are surging in popularity, particularly among students, finance enthusiasts, and budding investors.