# Bull or Bust: Trading Sim — Practice trading, risk-free

> Practice trading, risk-free (iPhone/iPad app by JONATHAN BILES.)

- Source: https://appshunter.io/ios/app/bull-or-bust-trading-sim/id6790154053 (this page in markdown: same URL + `.md`)
- Developer: [JONATHAN BILES](https://appshunter.io/developer/6787716009)
- Category: Education, Finance
- Price: Free with in-app purchases
- Age rating: 4+
- Requires: iOS 15.0 · 2 MB
- Languages: American English
- Released: 2026-08-17
- Data updated: 2026-08-26
- User reviews in markdown: https://appshunter.io/ios/app/bull-or-bust-trading-sim/id6790154053/reviews.md

## What is Bull or Bust?

Bull or Bust is a two-mode trading teacher — practice the mechanics risk-free, then step up to real market data. Both modes are built to teach, and neither one touches real money.

LEARN — a risk-free sandbox (free)
Trade a live candlestick chart with virtual cash on a market that's generated fresh on your device — so no two runs are the same. Step the market forward candle by candle, or hit Auto and watch it run. Track your equity curve, realized P&L, win rate, and the stat the pros obsess over: your maximum drawdown. Test yourself across five scenarios — Bull Run, Bear Market, Choppy, High Volatility, and Rally-then-Crash — with a per-trade fee baked in so you feel how costs quietly eat returns. Seven built-in lessons distill hard-won ideas: why spreads and fees matter, why position sizing beats being right, the brutal math of drawdowns, and why chasing green candles is a trap. Works fully offline, no account, nothing collected.

LIVE — paper trading with real market data (one-time Pro unlock)
When you're ready for the real thing without the risk, connect your own free Alpaca paper-trading account and trade a simulated cash balance against real, live market data. Paper trading means fake money and real prices — no real funds are ever involved, and Bull or Bust connects to paper trading only, never live. See real-time IEX quotes, live candlestick charts, and place market and limit orders, then track your real positions, orders, and profit & loss. Your Alpaca API keys are stored only on your device (in the iOS Keychain), are sent only to Alpaca's paper servers, and are never uploaded to us or logged.

FEATURES
• Learn mode: live candlestick chart with a moving-average overlay and your entry line
• Buy, sell, and close with virtual cash; step or auto-play the market
• Equity curve, return, realized P&L, max drawdown, win rate, and full trade history
• Five distinct, randomly generated market scenarios
• Seven built-in lessons
• Live mode (Pro): real-time IEX quotes, live charts, market & limit paper orders, positions & P&L via your own Alpaca paper account
• Haptic feedback on trades · Learn mode works fully offline · No account for Learn mode · No ads

Bull or Bust is an educational simulator. Learn mode's markets are randomly generated — there are no real prices there. Live mode shows real market data but trades only in a paper (simulated) account using your own Alpaca paper keys — no real money, no real brokerage account with us, and no order is ever sent to a live exchange. Nothing in the app is financial advice.

## Pricing and in-app purchases

Base price: Free.

**One-time purchases**

| Purchase | Price | Type |
| --- | --- | --- |
| Bull or Bust Pro | $4.99 | one-time |



## Version history (last 1 release)

### 1.0.3 — 2026-08-17

No release notes.

## More apps by JONATHAN BILES

- [ChordLoop](https://appshunter.io/ios/app/chordloop/id6787716007)
- [Permission — Private Journal](https://appshunter.io/ios/app/permission-private-journal/id6789405787)
- [Tassel: Burlesque Kit](https://appshunter.io/ios/app/tassel-burlesque-kit/id6789951155)
- [Receiptless](https://appshunter.io/ios/app/receiptless/id6790156578)
- [ScootStep](https://appshunter.io/ios/app/scootstep/id6792406139)

All apps by JONATHAN BILES: https://appshunter.io/developer/6787716009

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-26.*