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- In todays video Im gonna talk about the benefits of paper trading and why you should be using it as a new or advancing trader. (upbeat music) Hey everyone, lead trainer with StocksToTrade Tim Bohen here. Im gonna talk to you about what I love about paper trading and really why I think everyone should be using it if you havent found kind of your style or your methodology. Or if youre looking to explore new strategies. If you listen to the SteadyTrade podcast, youll hear Stephen and I talk a lot about finding your pattern, finding your niche. And we quite frequently get the question, a good question, How do I find my niche? How do I find what works for me when Im putting real money on the line? And maybe Im trying the strategy and Im refining it and Im slowly bleeding my account with small losses. And small losses are part of trading. Youre gonna have rough periods, youre gonna go into slumps. But the nice thing about paper trading is you dont take that small account on t