Join over 10,000 people who receive Michael Covel's newsletter & podcast episodes.

as seen on:

Paper Trading

Paper trades are trades tracked on paper only. No capital is actually invested when you make paper trades, so they become a great learning tool. Simulations like paper trading force you to make decisions and then show you the consequences of those decisions again, without risking your capital. Paper trades are powerful because they teach through suspense and surprise. They demonstrate rather than tell. Instead of simply reading about trading, you experience it, making decisions about potential trades, and then watching those decisions play out.

An individual trader can paper trade:

  • establish a track record
  • develop trading discipline
  • test trading strategies
  • evaluate new markets
  • build trader confidence
  • make trading career decisions

Once you learn trend following, paper trading allows for risk-free practice.

Trend Following Products

Review trend following systems and training:

Michael Covel Trend Following Products

Michael Covel Trend Following Products

More info here.

Trend Following Books
Trading Systems

Pricing for trend following systems, risk management, trading psychology and black swan strategies. Absolute return systems and education for brand new traders and established pros. Thousands of clients across 70+ countries. Client feedback.


The Trend Following™ podcast. Listen now on iTunes and Android. Top authors and traders plus alternative commentary. 5M+ listens across 188 countries & territories.

Small Town Guy Makes Millions

His trend following experience on video sent to your home. Get your free video delivered immediately.

TurtleTrader® Site Map

Small town guy makes trend following fortune. His free lesson delivered on video: GET VIDEO NOW.