Turning Losses into Learning with Paper Trading Losing streaks can shake any trader’s confidence, but today’s SPY trading session reminded me of the power of paper trading . Despite multiple losses, I followed my rules, exited promptly, and—most importantly—protected my capital by practicing on a simulated account. My goal with this post is to show how paper trading can help you refocus, test new strategies, and improve profitability. Let’s dive into my session, lessons learned, and actionable steps to leverage paper trading for success. Today’s SPY Trading Session: A Losing Streak with Insights SPY opened with a decent gap down, generating a decent amount of space from the 200 EMA. I was eager to buy calls on a strong green candle or continuation, but held off, waiting for the 15-minute range to form. The price action was slow and directionless, testing my patience. First Trade Attempt: I anticipated a 15-minute high rejection and waited for a color change to confirm. Still wai...
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