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Trading ModesPaper Mode

Paper Mode

The safest way to learn trading โ€” with zero risk.

Recommended for beginners! Paper Mode is the default for new users and the best way to start your trading journey.

What is Paper Mode?

Paper Mode combines learning resources with hands-on practice through paper trading. You get all the benefits of real trading experience without risking any actual money.

Features

๐Ÿ‘ป Paper Trading

Trade with a virtual portfolio of $10,000:

Paper buy 0.5 BTC

Your trades execute at real market prices, but no actual funds are used.

๐Ÿ“š Educational Explanations

Mayson provides detailed explanations for every concept:

You: Whatโ€™s a limit order?

Mayson: A limit order is an order to buy or sell at a specific price or better.

Example: If Bitcoin is at $43,000 and you place a limit buy at $40,000, the order will only execute if BTC drops to $40,000 or lower.

Key Benefits:

  • Control over entry/exit prices
  • No surprises with execution price
  • May not execute if price never reaches your level

Comparison to Market Orders:

Order TypeExecutionPrice Control
MarketImmediateNone
LimitWhen price reachedFull

Would you like to try placing a paper limit order to practice?

๐ŸŽฏ Learning Challenges

Work through trading challenges:

Show me trading challenges
Start the beginner challenge

๐Ÿ“Š Performance Tracking

Track your learning progress:

Show my paper trading stats

See your win rate, average returns, and improvement over time.

What You Can Do

ActionAvailable
Paper trade cryptoโœ… Yes
Check real pricesโœ… Yes
Set price alertsโœ… Yes
Research assetsโœ… Yes
Learn conceptsโœ… Yes
Real tradesโŒ No
DCA plansโŒ No (paper only)

Getting Started

Enable Paper Mode

If not already enabled:

Switch to Paper mode

Start Paper Trading

Start paper trading

Youโ€™ll receive $10,000 in virtual funds.

Make Your First Trade

Buy 0.1 BTC with virtual money

Track Performance

How am I doing?

Learning Resources

Ask Questions

Explain DCA strategy
What is market cap?
How do stop-losses work?

Get Recommendations

What should a beginner know about crypto?
What are common trading mistakes?

Transitioning to Real Trading

When you feel ready:

  1. Connect an Exchange โ€” Setup guide here
  2. Switch to Co-Pilot Mode โ€” Say โ€œSwitch to Co-Pilot modeโ€
  3. Start Small โ€” Begin with small amounts
  4. Use Maysonโ€™s Guidance โ€” Ask for help anytime

Maysonโ€™s Tip: Donโ€™t rush to real trading! Many successful traders spend weeks or months in Paper Mode first. The skills you develop here will help you avoid costly mistakes later.

Resetting Your Progress

Want to start fresh?

Reset my paper portfolio

This resets your virtual balance to $10,000.


Ready for more control? Learn about Co-Pilot Mode โ†’