Every trade. Every why. Every lesson.
No spreadsheets. The journal logs entries from Advisor and Scanner automatically — you just write the why and we do the rest.
This isn't a toy. It's a simulator.
Every price, every bid/ask spread, every IV reading, every Greek — pulled from real market feeds in real time. Paper fills mark at actual bid/ask. The only difference between paper trading on OptionScout and trading with real money is the risk.
From idea to proof — all in one kit.
Paper trading isn't a standalone feature — it's the final step in a complete learning loop. Find trades, test them, track results, and get better.
Get AI guidance
Send the signal to Advisor. Get a structure tuned to your budget and risk.
Advisor →Paper trade it
Place the trade in your paper portfolio. Watch it play out against live tape.
Review & improve
Win rate, R-multiples, pattern tagging — patterns surface so you know your edge.
Know exactly where you stand.
Your paper trading dashboard gives you the same analytics that professional prop traders use to evaluate themselves. See your edge clearly — or see that you need to adjust.
- Total P/L and cumulative return curve
- Win rate by strategy type
- Average winner vs. average loser
- Performance by ticker, sector, expiration
- Risk/reward accuracy vs. actual outcomes
- Time-in-trade analysis
Reps + reflection. That's the whole game.
The traders who get good didn't read more — they ran more reps with honest journaling. Paper Trading is that loop, automated.
Live tape, paper fills
Fills are simulated against real bid/ask spreads at trade time. No optimistic mid-fills, no fantasy slippage.
Auto-journal, no spreadsheet
Every Advisor plan you accept is logged with thesis, structure, sizing, and invalidation. The journal writes itself.
Pattern tagging
We auto-tag setups (sweep follow, γ flip fade, ER runner, pin play) so you can see which patterns make money for you.
Weekly digest tuned to you
Once a week, a short read on what worked, what didn't, and one specific habit to fix next week.
From beginner to confident trader.
Learn the basics
Start with simple directional trades — buy calls when bullish, puts when bearish. Learn to read P/L charts, understand breakevens, and manage position size.
Goal: 5 paper trades, understand P/L at expiration
Explore structures
Move into spreads and covered calls. Use Advisor to learn why certain structures work in different IV environments. Compare side-by-side.
Goal: trade 3 different strategy types, compare win rates
Refine your edge
Look at your performance data. Which strategies do you win with most? Which tickers suit your style? Start specializing and building a repeatable process.
Goal: identify your top 2 strategies, hit 60%+ win rate
Transition to live
With a proven track record in paper, you know your edge, your risk tolerance, and your process. Start small with real capital using setups you've already validated.
Goal: consistent profitability in paper → confident live trading