Paper trading & Fleet
Deploy a bot
Turn a strategy into a running paper bot — pick the launch config, set its risk policy, and launch.
Updated 2026-09-19·Rev. 2026.06
Once a strategy backtests well, deploy it as a paper bot — it runs your logic forward on live candles with no real capital at risk. The Deploy wizard walks you through it.
What you set
- Strategy — which strategy (and version) to run.
- Pair & timeframe — the market and candle size it trades.
- Starting balance — the simulated capital it manages.
- Risk policy — the account-level rails the bot trades under (see below).
- Launch — review and start it.
Risk policy
The risk policy is the same one you set on a backtest — pick a preset (Conservative, Balanced, Aggressive) or tune it yourself; risk policy explains every rail. The bot enforces it exactly as the backtest did:
- Exposure caps and a cash reserve shrink an entry that would go past them.
- A soft drawdown scales entries down (or pauses them) until the bot recovers.
- A daily loss limit pauses new entries until the next UTC day.
- A hard drawdown closes everything and stops the bot. Start it again to resume — drawdown then counts from that moment.
Exits and your strategy's own stops keep working while entries are paused.
Heads up
Paper trading risks no money, but the policy still matters — it's how you learn what limits your strategy needs before it ever runs live.
Paper first, always
Paper trading is the forward-test between backtest and live. A strategy that looked good on history can behave differently on fresh candles (timing, fills, gaps). Run it on paper until you trust the record.
Bots keep running
A deployed bot runs continuously — it survives restarts and keeps trading on its schedule. Manage it from the Fleet.
Next: monitor the Fleet.