Paper Trading
Practice trading with virtual money — all the learning, none of the risk.
Perfect for beginners! Paper trading lets you experience real market conditions without risking any actual money.
What is Paper Trading?
Paper trading (also called paper trading) is a simulation mode where you trade with virtual funds. Your trades execute at real market prices, but no actual money is involved.
Benefits
- 🎓 Learn Risk-Free — Make mistakes without financial consequences
- 📊 Real Market Data — Prices and execution mirror real markets
- 📈 Track Performance — See how your strategies perform over time
- 🔄 Test Strategies — Experiment before using real money
Getting Started
Starting Balance
When you begin paper trading, you start with:
- $10,000 USDT in virtual funds
Enable Paper Trading
Say any of these to Mayson:
Start paper tradingEnable paper trading modeI want to practice tradingOr go to Settings → Trading Mode → Paper Mode
Making Paper Trades
Trade exactly like you would with real money:
Buy Assets
Buy 0.5 BTC with virtual moneyPaper buy 1 ETH at $2,000Sell Assets
Paper sell all my BitcoinSell 50% of my paper ETHCheck Your Portfolio
Show my paper portfolioWhat's my paper trading P&L?Example Session
You: Start paper trading
Mayson: Paper trading enabled! 👻
You now have $10,000 USDT in virtual funds to practice with. Your trades will execute at real market prices, but no actual money is involved.
Try saying “Paper buy 0.1 BTC” to make your first trade!
You: Paper buy 0.1 BTC
Mayson: 👻 Ghost Trade Executed
✅ Bought 0.1 BTC at $43,250.00 💰 Total Cost: $4,325.00 (virtual)
📊 Your Ghost Portfolio:
- 0.1 BTC ($4,325.00)
- $5,675.00 USDT remaining
You: Show my paper portfolio
Mayson: 👻 Ghost Portfolio
| Asset | Amount | Value | P&L |
|---|---|---|---|
| BTC | 0.1 | $4,380.50 | +$55.50 (+1.28%) |
| USDT | 5,675.00 | $5,675.00 | — |
Total Value: $10,055.50 Total P&L: +$55.50 (+0.56%)
Tracking Performance
View Statistics
Show my paper trading statsThis displays:
- Total trades made
- Win/loss ratio
- Best and worst trades
- Overall return
Export History
Export my paper trading historyDownload your complete trading history as CSV or PDF.
Transitioning to Real Trading
When you’re ready to trade with real money:
- Connect your exchange
- Switch to Co-Pilot Mode
- Start with small amounts
- Mayson will ask for confirmation before real trades
Remember: Past performance in paper trading doesn’t guarantee real trading results. Market conditions and emotions differ when real money is involved.
Resetting Your Ghost Portfolio
Want to start fresh?
Reset my paper portfolioThis resets your virtual balance back to $10,000 USDT.