05 · A wing of the CANDLEWORK network

Your job isn't to be right. It's to follow your process.

The Simulator runs a simulated candle feed — no real money, no real market. You call each candle, but the score that matters isn't profit. It's your discipline: did you follow the rule, especially when it hurt?

The trainer

Call the next candle — then live with the result

Pick a direction for the upcoming candle, or stand aside. Outcomes are random and hypothetical (1R1R — one unit of risk: the distance from entry to stop. Results are counted in R so a win or loss means the same thing on any instrument. = your risk unit). The rule you're training: after two losses in a row, take the cool-off — go FLAT. The discipline score rewards the rule, not the winning.

SIMSIMULATED FEED · NOT REAL DATA · NOT ADVICEROUND 0

⚠ TWO LOSSES IN A ROW — your rule says cool off. Take FLAT to protect your discipline score.

0.0RHypothetical R

0Discipline combo

100Discipline

Make your first call. Remember: the market doesn't know you exist.

Session report

—Discipline

—Best combo

—Hypothetical R

The point

Reps for the part that actually decays under pressure

Process > outcome

Good trade, bad result

A trade can be perfectly disciplined and still lose. Judge the decision, not the dice — over enough reps, good process is what compounds.

The cool-off

Rules made in calm

Stopping after two losses feels wrong in the moment — which is exactly why you decide it in advance, when you're thinking clearly.

Honest reps

Simulated, on purpose

No real money means you can train the habit without the fear. When the habit is automatic here, it holds up where it counts.

◂ Read the patternsCANDLEWORK History's blowupsMuseum The urge to chaseTilt Lab Size it rightRisk Room

The order types pros actually use Pro layer

A strategy is only as good as its execution. The order type you choose changes the price, speed, and cost of every trade.

// 01 · The basics

Market vs limit vs stop

Speed or price — you rarely get both.

A market order fills immediately at whatever's available (fast, exposed to slippage). A limit order fills only at your price or better (protected, may never fill). A stop becomes a market order once a trigger trades — handy for exits, but prone to slippage and gaps. A stop-limit adds a price cap, at the risk of not filling at all in a fast move.

// 02 · Going bigger

Iceberg & scheduled execution

Large size needs stealth.

To move size without spooking the market, institutions split orders: iceberg orders show only a sliver at a time, while VWAP/TWAP algorithms feed the order in gradually to blend with the average price. A pro tell: seasoned traders often avoid resting visible stops on the exchange — obvious stop clusters are exactly what gets hunted in thin markets.

▸ Educational — order-type availability varies by broker; not trading advice.

Common questions

Can a simulator make me a profitable trader?

No — and nothing can guarantee that. A simulator builds process and discipline in a zero-risk environment. It cannot replicate the emotion of real money, which is why most traders perform worse live than in practice.

What is the difference between a market and a limit order?

A market order fills immediately at whatever price is available — fast, but exposed to slippage. A limit order fills only at your price or better — protected, but it may never fill at all.

Is paper trading worth it?

It's useful for learning mechanics, testing a plan, and building routine without risk. Its limit is psychological: paper trading removes the fear and greed that cause most real-world mistakes.