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Beta Paper Trading Plan v1

by @1477009639zw-blip

Generates structured paper trading plans with entry, stop loss, take profit, position size, and failure conditions for SPX, indices, and US equity options.

Versionv1.0.0
Downloads730
TERMINAL
clawhub install bptpv1

πŸ“– About This Skill


name: paper-trading-plan description: Generates structured paper trading plans with entry, stop loss, take profit, position size, and failure conditions for SPX, indices, and US equity options. metadata: openclaw: emoji: "πŸ“Š" requires: bins: - python3 always: false

Paper Trading Plan Generator

Generates comprehensive, structured paper trading plans for SPX, index options, and US equities. Perfect for pre-market planning and session prep.

Usage

python3 plan.py --ticker SPX --direction long --entry 5200 --stop 5150 --target 5300

Input Parameters

| Flag | Description | Example | |------|-------------|---------| | --ticker | Underlying symbol | SPX, AAPL, QQQ | | --direction | long or short | long | | --entry | Entry price | 5200 | | --stop | Stop loss price | 5150 | | --target | Take profit price | 5300 | | --price | Current price (optional) | 5225 | | --option-type | call or put (optional) | call | | --expiry | Option expiry (optional) | 2026-04-18 |

Output Structure

``` === PAPER TRADING PLAN === Symbol: SPX Direction: LONG Entry: 5200 Stop Loss: 5150 (-1.0%) Take Profit: 5300 (+1.9%) Risk/Reward: 1:2

Position Size:

  • Max 2% account at risk
  • Example: $10k account = $200 at risk
  • Per-share risk: $50
  • Shares: 40
  • Expiration: 2026-04-18 Type: CALL Strike: 5200 Max Loss: $200 (if expired worthless) Max Profit: $400 (if target hit)

    Failure Conditions:

  • SPX breaks below 5150 β†’ Exit immediately
  • VIX > 30 β†’ Reduce size by 50%
  • News event overrides technical β†’ Re-evaluate
  • Execution Checklist: [ ] Confirm entry above key level [ ] Check VIX < 20 [ ] Verify no major news during market hours [ ] Set stop loss immediately after entry [ ] Log trade in journal

    πŸ’‘ Examples

    python3 plan.py --ticker SPX --direction long --entry 5200 --stop 5150 --target 5300