A $10,000 virtual account, real live prices, and the professional workflow enforced: every position needs a stop, every size comes from risk, every closed trade logs to your journal. Rehearse until it's boring.
OPEN A PRACTICE POSITION
Risk is fixed at 1% of the virtual account — the rule you're here to internalize.
It rehearses: the professional order of operations (risk → stop → size), watching a live position without touching it, and the discipline of logging every result. Each closed trade writes an R-multiple entry into your journal tagged "Practice", so your practice record and real record stay separate but visible.
It can't rehearse: fear. Virtual losses don't hurt, so paper results overstate real results — universally. Treat the arena as a flight simulator: it builds procedure, not courage. When you go live, start on spot, far smaller than feels necessary, and expect your win rate to drop before it recovers.
Oversizing because it's fake. The arena forces 1% precisely so you rehearse reality. Skipping the journal review — the practice record only teaches if you read it back weekly. Staying in the simulator forever — after 20–30 disciplined paper trades, the remaining lessons are emotional ones the simulator cannot sell you.