Paper trading: practise with virtual money
Paper trading means practising buy and sell decisions with pretend money so mistakes cost nothing.
How it works
You replay old price data one candle at a time. You cannot see the future candles. You open a practice position, set a stop and a target if you want, and step forward. The account grows or shrinks with virtual money.
What it teaches
It teaches the mechanics: placing a stop, sizing a position, handling a losing run. It does not teach how it feels to risk real money, and old data cannot reproduce real slippage.
Review your practice
Look at the practice trades the way you would real ones: win rate, drawdown and habits.
In Super B.A.: Paper Trading in the Trader door uses virtual money only. No real orders are placed and no money moves. Open the app
Related guides
- Why a trading journal helps and what to record
- Position size and risk per trade: the arithmetic
- How to read a candlestick chart
General information for learning. It is not financial, tax, legal or investment advice.