@Options Strategery Do they get blown out buy writing options or nickled and dimed by buying way OTM puts/calls. I would think it would be tempting to swing for the fences by buying options and lose your bankroll over time.

@John I agree with Buffet too. I would not advocate paper trading as a proxy for paper trading. I do think there is value in putting some money on the table. Just not most of it.

Of course who am I to argue with Buffet. His bankroll is probably 2 or 3 times mine

Buffett cautioned, though, that the difference between investing on paper and investing with real money is like the difference between reading a romance novel and, as he delicately put it, “doing something else.” “There’s nothing like having a little experience in investing,” he said. Once you’ve done that, you can decide whether, as Buffett said, “it turns you on.”