Target practice

A friend of mine once told me, the difference between paper trading and the actual thing, paper trading is like practicing your aim by shooting at champagne glasses in the distance, the actual thing is where the champagne glasses start to fire back.

Anger justifiably ensued when a popular retail brokerage relegated its user base to paper trading for an extended period of time these past days…


… missing out, as a result, on the real target action.

Source chart

It’s pretty obvious to see the points at which one would have bought or sold, it’s plain as day.