FAQ

How much cash do I have?

We load your account with $10k cash, decide how much of that you want to invest using % position sizes. It’s ok to use more than 100% of your cash, when that happens cash will go negative to show that you are taking on debt (a.k.a. margin or leverage). The most debt you can take on is -500%. Keep in mind taking on debt has a 5% annualized interest rate

How does trading work?

You start with $10k of hypothetical cash. Trades are placed over next five minutes when the market is open. If market is closed it will trade at next market open over five minutes. Trading fees are < 0.1%

How do I see my trades on Ethereum ?

Become a pro subscriber

Check out etherscan.io and type in your covey Ethereum address found on the home page

Pick a recent transaction (those are trades)

Scroll down to “Click to see more”

Go to Input Data

Click to “View input as”

Select “UTF-8”

In that box are your trades, no one can ever edit this

Here is an example of one

Why are my trades saved to Ethereum?

An investor is defined by their track record. To make sure you and others are convinced we will never lose or edit your ideas we save them on the most secure potentially long lasting ledger on earth: Ethereum. Ethereum is a network of computers storing information that can never be changed

Why the $10 monthly fee?

For enhanced data and to store trades in an immutable ledger that cannot be censored costs around $0.10-$1 per post

What tickers are available?

Russell 3000 equities, large ETFs, and any cryptocurrency with a USDT pair traded on Binance (i.e. BTCUSDT = Bitcoin, ETHUSDT = Ethereum...)

Is my portfolio public or private?

All free users are public. Pro users can opt into private mode. In private mode, none of a pro user's information shows up in leaderboard, they are also given a custom URL that they can share with whoever they want to share their private portfolio.