Day Trading Practice Lab

Make decisions without seeing the future

Start with $5,000 in fictional cash. Buy at the ask, sell at the bid, and advance one quote at a time. A $1 fee applies to each buy and sell.

This simplified long-only model assumes full fills and sufficient liquidity. Stops and targets execute at the next available bid after their trigger is met, which may differ from the trigger price. Any remaining position closes at the last quote. The $50 realized-loss boundary blocks further entries; it cannot cap an existing loss. Equity includes the entry fee but excludes a future exit fee. Cash settlement, borrowing, halts, order queues, taxes, and real market routing are not modeled. These example amounts are not recommendations.

Check whether another trade fits the plan

Subtract realized losses and planned open-position risk before allocating a new loss budget. Include estimated round-trip costs.

This is a planning worksheet, not a maximum-loss guarantee. Gaps, slippage, correlated positions, and changing liquidity can make actual losses exceed planned amounts. Profits do not increase the boundary in this worksheet.

Practice six everyday decisions

Your score covers these concepts only. It does not measure trading readiness or predict returns.