Execution proving ground before live trading
Paper Trading Simulator
Prepared queue, open positions, order history, strategy performance, and forward-test stats are all derived from one simulated paper ledger. Live broker execution remains locked.
User guidance
Paper Trading Workflow
Approve only the ideas whose risk checks pass, then track open marks against the original thesis and invalidation point.
Prepared tickets, open positions, order history, and strategy performance reconcile to the same simulated ledger.
A simulated fill assumes optimistic spreads, the strategy is losing in forward test, or the exit state says stop review.
Paper Equity
$93,182.00
Cash plus ledger P/L
Cash
$100,000.00
Starting paper account
Buying Power
$96,400.00
Available simulator capacity
Realized P/L
-$24,518.00
Closed paper trades
Unrealized P/L
$17,700.00
Open paper marks
Open Risk
$1,330.00
1.3% of account
Ledger status: prepared or approved
Prepared Trade Queue
Covered Call
XOM
prepared - avoid
Qty
1000
Limit
$2.76
Max loss
$0.00
Awaiting user review.
Buy Put
TSLA
approved - avoid
Qty
108
Limit
$9.03
Max loss
$925.00
Approved for simulator fill, not live execution.
Fill realism and controls
Order Ticket Simulator
Before any simulated fill
Risk Pre-Checks
XOM
Pass: 4/6Risk score: Pass
3.2/10 max 7.5
Quality gate: Review
Max loss is not calculated.
Max loss known: Review
$0.00
Liquidity: Pass
OI 6310, Vol 1404
Spread: Pass
4.3%
Daily loss guard: Pass
2.0% max daily loss configured
TSLA
Pass: 5/6Risk score: Pass
5.0/10 max 7.5
Quality gate: Review
Estimated probability of profit 39.0% is below the strategy minimum.
Max loss known: Pass
$925.00
Liquidity: Pass
OI 22100, Vol 5400
Spread: Pass
5.0%
Daily loss guard: Pass
2.0% max daily loss configured
Ledger status: open only
Open Paper Positions
| Ticker | Strategy | Qty | Cost | Mark | P/L | Max Loss | Stop | Target | Exit State |
|---|---|---|---|---|---|---|---|---|---|
| MSFT | Buy Call | 75 | $13.10 | $15.46 | $17,700.00 | $1,330.00 | Premium -40% | Premium +60% | Take-profit review |
All ledger statuses
Order History
| Time | Ticker | Strategy | Action | Qty | Fill | Status | P/L | Reason |
|---|---|---|---|---|---|---|---|---|
| 5/19/2026, 3:01:25 AM | MSFT | Buy Call | buy | 75 | $15.46 | open | N/A | Simulated fill active and monitored. |
| 5/19/2026, 2:01:25 AM | NVDA | Buy Call | buy | 23 | $30.34 | closed | -$24,518.00 | Closed paper trade included in strategy performance. |
| 5/19/2026, 1:01:25 AM | XOM | Covered Call | avoid | 1000 | $2.76 | prepared | N/A | Awaiting user review. |
| 5/19/2026, 12:01:25 AM | TSLA | Buy Put | avoid | 108 | $9.03 | approved | N/A | Approved for simulator fill, not live execution. |
Safety still enforced
Live Trading Lock
No real broker order can be submitted from Version 1.
Schwab and future brokers can prepare reviewable order intents, but live placement remains blocked until paper burn-in, audit logs, compliance acknowledgements, and risk enforcement are complete.
Derived from open + closed ledger rows
Strategy Performance
Buy Call
-$24,518.002 ledger trades, 1 open, 1 closed, 0.0% win rate
Derived from closed ledger rows
Forward-Test Dashboard
Learning loop
AI Recommendation vs Result
Original signal
Stores recommendation, scores, thesis, invalidation, and risk gates at entry.
Exit result
Tracks P/L, time in trade, stop/target outcome, and whether the thesis held.
What AI got right
Measures whether technical, sentiment, and liquidity signals predicted follow-through.
What AI got wrong
Flags stale data, news reversals, poor liquidity, over-sizing, or ignored invalidation.
Recommendation to review loop
Trade Replay
Step 1
Recommendation
MSFT created with opportunity 94.5.
Step 2
Risk Checks
Quality, max loss, liquidity, spread, and daily loss guard reviewed.
Step 3
Approval
User approval required before any simulator fill.
Step 4
Paper Fill
Fill estimated with slippage and spread realism.
Step 5
Monitoring
Stop, take-profit, sentiment drift, and thesis status tracked.
Step 6
Review
Close trade, compare AI recommendation to result, and log lessons.