Placing a trade in Trading Blitz works similarly to placing one in a real brokerage — except there is no real money involved. Here is a step-by-step walkthrough of how to enter and exit a trade in both Solo Mode and Two-Player Mode.
Step 1 — Load a Chart
Click the Solo Play button on your dashboard to load a random anonymous chart. In Two-Player Mode, a chart loads automatically when your opponent accepts the challenge.
Step 2 — Choose Your Direction
After reviewing the chart, decide which direction you think the price will move:
- Buy (Long) — you believe the price is going up. You profit if it rises after your entry.
- Sell (Short) — you believe the price is going down. You profit if it falls after your entry.
Step 3 — Set Your Position Size
Before placing the trade, choose how much of your virtual balance you want to commit. Position sizing is one of the most important habits in trading, risking too much on a single trade can wipe out a balance quickly even if your win rate is solid. When you click in the Shares box, you'll see a dropdown menu with prepopulated options based upon your Buying Power. You can quickly select one of these options or type in an amount
Step 4 — Select Your Order Type
Trading Blitz supports multiple order types. The most common is a market order, which fills immediately at the closing price of the current daily bar. Other order types let you specify entry and exit conditions using Limit and Stop orders. See the full order types guide.
Step 5 — Enter the Trade
Click Place Order to enter your order. If you enter a Limit or Stop order, you'll need to Click Next Day to move the chart forward.
Step 6 — Click [Next Day]
To reveal the next daily bar, click Next Day. As the chart unfolds, you'll manage your position accordingly.
Step 7 — Exit the Trade
You have a couple of options for exiting your trade:
- Market - This closes your position at the closing price of the current daily bar.
- Limit and Stop - If the price crosses your Limit or Stop price level while clicking Next Day, the system will automatically exit your position at that price.
- Next Chart - If you want to exit your position and move onto the next chart, simply click Next Chart and it will exit the position and load the next chart.
- Two-Player - If you enter a two-player match (aka Challenge match), the system will automatically exit your position at the current bar's closing price before pulling you into the two-player match.
Note - A quick way to populate the Shares and Action fields is to click the Shares link in your Positions section. You'll still need to click Place Order after.
Skipping a Chart
If a chart does not present a setup you want to trade, you can skip it without placing a trade. Skipping is not counted against your stats.