Is The Tradeskill real money?

No. The Tradeskill is 100% paper trading. Your account is funded with virtual cash only. You can never lose or withdraw real money, and it is not a broker.

How much does The Tradeskill cost?

It is completely free. There is no subscription and no hidden fees. You sign up with an email and get $20,000 in virtual cash to start practising.

How realistic is the market data?

The Tradeskill uses real, live market prices for crypto and US stocks. Simulated orders fill against those prices with realistic spreads and slippage, so the experience closely mirrors live trading.

Which assets can I trade on The Tradeskill?

30 major cryptocurrencies, including Bitcoin, Ethereum, Solana, BNB, XRP and Dogecoin, with live 24/7 pricing; 25 top US stocks and ETFs, including Apple, NVIDIA, Microsoft, Tesla, SPY and QQQ, during US market hours; plus major forex pairs and gold.

Is The Tradeskill good for beginners?

Yes. It is built for learning to trade. Guided steps, an automatic trade journal and AI feedback help you understand orders, risk and strategy with no real money at stake.

Opening Range Breakout (ORB) Strategy and Failures

What it means

The opening range is the high and low of the first part of a session, for example the first 15 or 30 minutes after the open. An opening range breakout trades a close beyond that range.

A close back inside the range after a break is a failed breakout, which some traders trade the other way.

Why traders use it

The first minutes of a session absorb overnight news and set an initial balance. A decisive move out of it can show the direction participants chose for the session.

Chart examples

Opening range breakout

The first candles set the range; a strong close above it holds and continues.

Failed opening range breakout

Price closes above the range, then closes back inside and falls through the range low.Schematic diagrams drawn to explain the idea; they are not market data.

How to identify it objectively

1Choose the session open and range length (for example 30 minutes) and keep them fixed.
2Mark the range high and low.
3Breakout: a candle closes beyond the range.
4Failure: a close back inside within a few candles.

Bullish use

1Close above the opening range high.
2Next candles hold above it.
3Stop below the range midpoint or low.

Bearish use

1Close below the opening range low.
2Next candles hold below it.
3Stop above the range midpoint or high.

What confirms it

A strong body on the breakout candle.
Holding beyond the range for several candles.
Higher-timeframe bias agrees.

What invalidates it

A close back inside the range.
A breakout against a strong higher-timeframe trend.

How a hypothetical setup is built

Entry

On the close of the breakout candle, or a retest of the range edge.

Stop

Inside the range, at its midpoint or opposite side.

Target

A multiple of the range height (for example 1× to 2×).

A hypothetical illustration of how the concept is turned into a plan, not a recommendation. Practise it on a paper account first.

Historical testing

Not tested on The Tradeskill. ORB is easy to define exactly, which makes it a good first strategy to backtest yourself in replay.

Limitations: when it fails

Many ranges break both ways on the same day.
Wide ranges make stops large.
News at the open can whip both sides.

Knowledge check

Pick an answer to see the explanation. Nothing is saved.

1. What defines the opening range?

2. Breakout confirmation needs…

3. A close back inside the range after a break is…

Practise it risk-free

Open the free chart, use replay to go back in time and look for this concept candle by candle with $20,000 in virtual money.