Ape Paper Trading Account

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🎯 What is Ape Paper Trading?

• Practice buying and selling stocks
• Learn options trading risk-free
• Test trading strategies
• Build confidence before using real money
• Make mistakes without losing actual cash

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💰 What Do You Get?

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Free Virtual Money

• Get virtual cash to trade with (typically $25k-$100k)
• Trades execute at real market prices
• Portfolio updates in real-time
• Track P/L just like a real account

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Real Market Conditions

• ✅ Live stock prices
• ✅ Real-time options chains
• ✅ Actual market hours
• ✅ Realistic fills and slippage

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Full Feature Access

• Buy/sell stocks
• Trade options (calls and puts)
• Track positions in Portfolio
• Get AI analysis on your paper holdings
• Use Ask Maverick for portfolio questions

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📱 How to Claim Your Account

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Step 1: Navigate to Portfolio

1. Open Ape AI app
2. Tap Portfolio tab (bottom right)
3. Scroll to Brokerages section

1. Go to app.askape.com
2. Click Portfolio in left sidebar
3. Scroll to Brokerages section

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Step 2: Find Ape Paper Trading (It’s First!)

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Step 3: Claim Your Account

1. Tap the “Ape Paper Trading” card
2. Tap “Claim Account” or “Connect”

1. Click the “Ape Paper Trading” card
2. Click “Claim Account” or “Connect”

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Step 4: Complete Setup

1. Review and accept terms
2. Your account is created instantly!
3. You receive your virtual money
4. Ready to trade!

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💼 How to Use Your Paper Account

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View Your Account

1. Go to Portfolio
2. See your paper account balance
3. View positions (stocks & options)
4. Track daily P/L

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Place a Paper Trade

Note: Ape AI helps you research and find setups. Trade execution happens in your brokerage’s paper trading platform.

1. Research a stock in Ape AI
2. Decide what to buy
3. Open your brokerage’s paper platform
4. Execute the trade there
5. Position syncs back to Ape AI Portfolio

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Get AI Analysis on Paper Trades

1. Go to Portfolio
2. Tap/click “Ask (Companion)”
3. Ask questions about your paper trades:
   • “How is my paper portfolio doing?”
   • “Should I sell my AAPL position?”
   • “What did I learn from this trade?”
   • “Am I too concentrated in tech?”

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🎓 What to Practice

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1. Basic Stock Trading

• How to buy a stock
• How to sell a stock
• Market orders vs limit orders
• Stop losses
• Taking profits

• Buy 5 shares of a stock you know (AAPL, DIS, etc.)
• Hold for a week
• Sell when you understand how it works

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2. Options Trading

• Buy a call (bullish bet)
• Buy a put (bearish bet)
• Watch how they move
• Learn about theta decay (time value)

• Buy 1 call option
• Watch how its value changes
• Sell before expiration
• Understand profit/loss

• Learning Options Trading
• Learning with Paper Trading Workflow

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3. Test Strategies

• Day trading (in and out same day)
• Swing trading (hold 3-7 days)
• Long-term investing (hold months)
• Options strategies (spreads, straddles)

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4. Make Mistakes!

• Buy at the top → Learn not to chase
• Hold losers too long → Learn to cut losses
• Sell winners too early → Learn to let profits run
• Overtrade → Learn discipline
• FOMO trades → Learn patience

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📊 Track Your Progress

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Keep a Trading Journal

• Date: When you entered
• Ticker: What you bought
• Why: Reasoning for the trade
• Result: What happened
• Lesson: What you learned

Trade #5: TSLA $470 Call (11/15 exp)
Date: 11/8/24
Why: Thought it would gap up after delivery numbers
Result: -$85 loss (IV crushed after news)
Lesson: Don't buy options right before known events.
        IV is inflated and crashes after news.
        Next time: Sell options before events!

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Use Portfolio Analytics

1. Portfolio Overview: See total P/L
2. Positions: Track individual stocks/options
3. Ask Maverick: “What’s my win rate in paper trading?”
4. AI Analysis Tools: Get insights on paper portfolio

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💡 Pro Tips for Paper Trading

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1. Treat It Like Real Money

• Trade with realistic position sizes
• Use stop losses
• Follow your trading plan
• Practice discipline

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2. Practice for Weeks/Months

• Paper trade for at least 1-3 months
• Be consistently profitable
• Understand why your wins won and losses lost
• Build emotional discipline

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3. Focus on Process, Not Just Results

• Did you follow your plan? ✅
• Did you manage risk properly? ✅
• Did you learn something? ✅

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4. Start Small

• 1-5 shares of stock
• 1 options contract
• Simple strategies first
• Add complexity gradually

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5. Ask AI Everything

• “Explain why my call option lost value”
• “What’s a good entry point for beginners?”
• “How do I know when to sell?”
• “What’s theta decay?”

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⚠️ Limitations

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Paper Trading is NOT Exactly Like Real Trading

1. No emotions - You won’t feel real fear/greed
2. Perfect fills - Real trading has slippage
3. No commissions - (though most brokers are $0 now)
4. Risk-free - Changes your psychology

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When You’re Ready for Real Money

• ✅ You understand how stocks and options work
• ✅ You have a trading strategy (not guessing)
• ✅ You’ve been profitable for 2-3 months
• ✅ You can explain your trades to someone
• ✅ You follow a plan (not FOMO)
• ✅ You use stop losses consistently

• Small amounts you can afford to lose
• 1/10th the size you used in paper
• Expect emotions to be different
• Keep learning!

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🚀 What’s Next?

• Learning with Paper Trading Workflow - Step-by-step guide
• My First Stock Research - Find what to trade

• Premarket Day Trading Routine
• Swing Trade Entry Timing

• Supported Brokerages
• Connecting Your Brokerage

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❓ FAQ

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📞 Need Help?

• Paper Trading FAQ
• Contact Support