What is Paper Trading?
Paper trading (also called simulated trading) allows you to practice trading memecoins without using real money. Genny provides a complete simulation of the memecoin trading experience on pump.fun, giving you virtual SOL to trade with.Getting Started
Virtual Balance
- Starting Balance: 1,000 virtual SOL
- No Real Money: All transactions are simulated
- Reset Option: Contact support if you need your balance reset
Trading Mechanics
Buying Memecoins
Buying Memecoins
- Visit any memecoin page on pump.fun
- Use the Genny extension panel to enter buy amount
- Click “Buy” to execute the simulated purchase
- Your virtual SOL balance decreases, memecoin balance increases
Buy orders execute instantly at current market price.
Selling Memecoins
Selling Memecoins
- Navigate to a memecoin you own in your portfolio
- Enter the amount you want to sell
- Click “Sell” to execute the trade
- Your memecoin balance decreases, virtual SOL increases
Sell orders also execute at current market price.
Portfolio Tracking
Real-time Updates
- Live Prices: Memecoin prices update in real-time
- P&L Calculation: Track profit/loss on each position
- Portfolio Value: See total portfolio value in SOL
Performance Metrics
- Win Rate: Percentage of profitable trades
- Total Volume: Total SOL traded
- Best Trade: Your most profitable single trade
- Trading Streak: Current winning/losing streak
Leaderboards
Global Rankings
- P&L Leaderboard: Ranked by total profit/loss
- Volume Leaderboard: Ranked by total trading volume
- Win Rate Leaderboard: Ranked by trade success percentage
Social Features
- Profile Pictures: Connect X account for avatar display
- Public Stats: Share your trading achievements
- Community: Compete with other Genny users
Trading Strategies
Popular Approaches
- Momentum Trading: Buy rising memecoins, sell at peaks
- Value Investing: Research fundamentals before trading
- Day Trading: Multiple trades within short timeframes
- HODLing: Long-term holding strategies
Risk Management
- Position Sizing: Don’t risk too much on single trades
- Diversification: Spread investments across multiple coins
- Stop Losses: Set mental stop-loss levels
- Take Profits: Lock in gains at target levels
Educational Only: Genny is for learning trading strategies. Real memecoin trading involves significant risk and can result in total loss of funds.
Advanced Features
Trade History
- View all your past trades
- Analyze winning and losing patterns
- Track trading frequency and timing
Market Analysis
- Real-time price charts
- Market cap tracking
- Volume indicators
- Social sentiment (when available)
All data is simulated for educational purposes. Genny does not execute real blockchain transactions.
