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 ...

In the old days, this was called "paper trading," but Investr has advanced the concept for the 21st century. Another way it's aimed at newbies: Investr lets new users begin trading U.S. stocks ...