Seadoe - Paper Trading App Review
Seadoe - Paper Trading App is a virtual trading platform that allows traders of all levels to practice their skills without risking their own money. Developed by rkity, this free Android app is designed for those interested in the Indian stock market.
The app has two main features: Paper Trading and Trade Journal. With Paper Trading, users are given virtual 1Lac to buy/sell stocks and can practice averaging techniques. They can also monitor their watchlist and view transactions. The Trade Journal feature is aimed at disciplined traders who want to maintain a record of their trades. Users can log their INTRADAY/SWING trades and view a monthly summary. The app also shows success rate/profit/loss/trade completion on a monthly basis.
One downside is that the app only supports market orders for NSE stocks. Unfortunately, there is no paper trading for Future & Options yet, but it is a feature that the developer is currently working on. Additionally, the app has a telegram channel where users can get updates on the latest features and educational resources. Overall, Seadoe - Paper Trading App is a great tool for traders looking to gain experience with virtual cash.
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