PAPER TRADING TRAINING ENVIRONMENT

// Market Status — SPY (Simulated)

SPY Price (Sim)

$600.00

Simulated Time

Day 1 · 9:30 AM

Selected Expiry

7 days

Cash (Paper)

$100,000

Account Equity (Paper)

$100,000

Total P/L (Paper)

Regime

CHOP

System ready, Trainee. Advance the market with NEXT CANDLE, or enable AUTO-PLAY. One candle = one simulated hour.

// Price Chart — Candlesticks (Simulated)

TIME RULE: 1 candle = 1 simulated hour · 7 candles = 1 simulated day · Days-to-expiry counts down 1 per simulated day (fractionally each hour).

// Session Rules — Non-Negotiable

Paper only. Every dollar here is simulated. Real money is never part of training.
Max 2 trades per session. Quality over quantity. Two entries, then you observe.
Stop after 2 losses. Two losing trades in a session ends the session. No revenge trades.
Plan before you enter. Write your entry, stop, and target BEFORE you buy — every time.
1 contract = 100 shares. Your real cost is always premium × 100 × contracts.

Trades This Session

0 / 2

Losses This Session

0 / 2

// Option Chain — SPY (Simulated Premiums)

Expiration Premium model: intrinsic value + time value. Time value decays as expiry approaches — watch it shrink.

Call Premium	Strike	Put Premium

▸ Click any premium to load it into the order ticket. Calls profit if price rises above the strike. Puts profit if price falls below it.

// Order Ticket — Paper Buy

No contract selected.
Click a call or put premium in the option chain to load it here.

Contracts

Before you buy, say it out loud, Trainee:
“My entry is the premium. My stop is where my idea is wrong. My target is my exit price.” Then — and only then — execute.

// Open Positions (Paper)

Contract	Qty	Paid	Now	Value	Unreal. P/L	Expires
No open positions. Buy a paper contract from the chain.

// Trade Journal — Auto-Logged (Paper)

Sim Time	Action	Contract	Premium	Qty	Realized P/L
No trades yet. Every buy and sell will be recorded here automatically.

// Video Training \u2014 Module 01: What Is an Option, Really?

Watch this first, Trainee. Narrated lesson, 4 minutes 18 seconds. Then work the simulator below and take the Knowledge Check.

// Module 01 — Knowledge Check

Score: 0 / 5