Simulation methodology

How to read ZeroStake market data and paper trading estimates.

ZeroStake uses market data for its charts and lets you place virtual orders. This is useful for learning the screens and testing decisions, but it cannot reproduce every condition in live trading.

  • Market data can be delayed, incomplete, revised, or unavailable
  • Orders, funds, fills, charges, margins and P&L are estimates
  • Historical replay and past P&L do not predict a future result

What the numbers mean

Know which figures come from the market and which are estimates.

The difference matters most when you read a fill price, margin, charge, option metric or P&L figure.

Market data

Prices may not match every other source.

Charts, quotes, option chains, breadth and heatmaps depend on the instrument, market hours, source, network and app version.

Virtual orders

Virtual orders stay inside ZeroStake.

Market, limit, after-market, stop-loss, target and trailing-stop controls operate on virtual funds. They do not place a live order.

Virtual fills

A fill on screen is an approximation.

It may not reproduce spread, queue priority, partial fills, rejections, market impact, liquidity constraints, gaps or delays.

Charges and margins

Costs and capital are estimates.

Brokerage, taxes, margins and virtual capital are useful for comparison, but they are not a contract note, tax record or account balance.

Options estimates

Option metrics change with their inputs.

Greeks, IV, PCR, max pain, payoff and probability estimates can change with market data, selected legs and market conditions.

Replay and statistics

Past candles are not a forecast.

Replay is manual. P&L, win rate, expectancy, profit factor and drawdown come from virtual records and do not forecast returns.

Before placing a real order, check your broker.

When real money is involved, confirm current quotes, order status, margin, charges and account information with your authorised broker or the exchange.

Are ZeroStake orders real?

No. ZeroStake records virtual orders and funds. It does not submit an order to an exchange.

Will a simulated fill match a live-market fill?

Not necessarily. A virtual fill cannot reproduce every spread, queue position, partial fill, rejection, delay, price gap or liquidity constraint.

Is Replay Trading an automated backtest?

No. You control the historical candle playback and place virtual positions yourself. Replay is not an automated backtesting engine.