CRYPTO KINGS ACADEMY — FOUNDATIONS PRACTICE WORKBOOK
Edition: September 2026. Educational paper exercises, not trade recommendations.
No purchase, wallet connection or personal financial disclosure is needed.

A. BUILD A PAPER-TRADING PLAN
Idea ID:
Date, time and timezone:
Instrument and data source/exchange:
Spot or derivative (use spot for these calculations):
Timeframe:
Observation (what has happened):
Condition/trigger (what must happen):
Hypothetical entry:
Invalidation and assumed stop execution:
Planned price-loss budget:
Units = budget / absolute price difference from entry to assumed stop:
Notional exposure = units x entry price:
Fees/slippage assumptions and why losses could be larger:
Exit rules and rationale:
No-trade condition:
Before screenshot filename:

Exercise: £100 entry, £90 assumed stop, £10 price-loss budget.
Your units and notional exposure:

B. JOURNAL AND REVIEW
For each record include ID, source, timestamp, historical/simulated/live label,
original rules, fills, quantity, gross result, costs, net result and original R.
Net R = net result / ORIGINAL planned price-loss budget.

Record 1: gross +£20; costs £2; original R £10. Net cash: ___ Net R: ___
Record 2: gross -£10; costs £2; original R £10. Net cash: ___ Net R: ___
Record 3: gross +£5; costs £1; original R £10. Net cash: ___ Net R: ___
Record 4: required trigger absent. Status: ___ Include in win rate? ___

Process checks for each executed practice trade:
[ ] Plan written before seeing the result
[ ] Trigger occurred
[ ] Exposure calculated
[ ] Exit rules followed
One specific lesson:
What this sample CANNOT establish:

C. THREE WORKED SCENARIOS
Invented prices, not a historical performance record.
Plan: close above £98–£102 resistance, then retest and hold.
Assumed entry £103, stop £98, target £113, original R £10, 2 units.
A: valid trigger; entry £103; exit £113; total costs £1.
B: valid trigger; entry £103; stop slips to £97; total costs £1.
C: only a wick above resistance; daily close £100; no entry.

A net cash: ___ A net R: ___
B net cash: ___ B net R: ___
C status and reason: ___
Why did B lose more than 1R?
Why do these invented cases not establish a win rate or an edge?

WORKED ANSWERS — ATTEMPT FIRST
A: 1 unit; £100 notional. The £10 planned price loss is not guaranteed.
B: +£18 = +1.8R; -£12 = -1.2R; +£4 = +0.4R.
Total +1R; average about +0.33R across THREE executed paper trades.
Record 4 is untriggered; exclude it from executed-trade win rate/expectancy.
The small, invented sample establishes no likelihood of future profit.
C: scenario A +£19 = +1.9R; B -£13 = -1.3R; C no trade.
B includes adverse slippage and fees. C had no trigger and no position.

Review learning, not suitability. Stop orders do not guarantee execution
prices. Trading can result in substantial losses. Do not share account
credentials, wallet seed phrases or personal financial details in exercises.