Glossary
Paper trading
Running a strategy with simulated money and no real orders, to observe behaviour safely. This project's live agent is paper-only — research, never a real-money recommendation.
In plain terms
Paper trading sits between backtest and live: unlike a backtest it runs forward in real time on data nobody could have tuned on, but unlike live trading its fills are idealised and there is no real money pressing on your judgement.
This project runs its multi-agent LLM trader on a paper account daily for exactly that reason — it is the honest forward test of the pipeline. Every run, decision and mistake is published on the paper page.
Related terms
Educational definitions only. Not investment advice.