Short, practical articles on paper trading that transfers: fills, sizing, rules and the record.
Cobra Trading, for most people. It opens at $10,000, not $30,000, and its platform fee is lower and dropped sooner. Guardian Trading wins only if you have $30,000 and short hard-to-borrow stocks every day.
WNWill Nash · 9 min read ·
Traders who went live after a good demo run and lost say the same thing: the practice taught them the wrong things. That is a demo problem, not a practice problem.
WNWill Nash · 4 min read ·
Set the limit before 9:30, make it a number you can lose three days running, and let the platform close you out. Your judgement at 10:40 after two losses is not the judgement you want in charge.
WNWill Nash · 2 min read ·
A limit order in a broker demo fills when price touches your level. At the exchange it waits in a queue. That one difference turns a profitable demo into a losing real account.
WNWill Nash · 2 min read ·