paper trade noun 3verb 1forms 3 noun3 •The business of buying and selling paper. •A single transaction within paper trading, i.e. an order in a hypothetical portfolio for learning the stock market. •(slang, no longer used) The sale of printed song lyrics by street peddlers. verb1 •To engage in or order in the context of paper trading.I suggest you paper trade for 2 to 3 months before you start live trading with real money. — 2017 formspaper traded · paper trading · paper trades