A collapsible folding training device is provided having a rear frame portion that contains a resistance device. The resistance device uses eddy currents and has a pivoting magnet internally that creates progressively increasing resistance as speed increases. An arm is attached to the rear frame portion that can pivot from a stored position to an in-use position. At the opposite end of the arm, a front frame is attached where it can affix a portion of a driving mechanism, such as a bicycle. The front frame supports and stabilizes the driving mechanism. The arm sets the distance between the front frame and the resistance device.