Paper — every trading figure here (positions, orders, P&L, equity, returns) is simulated on an Alpaca paper account. No real capital is at risk, and no order is ever placed with your money. Running costs shown under ops, such as LLM spend, are real.

Portfolios

Each portfolio carries its own funds allocation and risk dial. The system-level risk ceilings still bind as an outer ceiling — the dial bounds risk within those caps. See what a portfolio is.

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Main Portfolio

PAPER

Bound to the Alpaca paper-trading account — simulated capital only. The system-level risk ceilings still apply.

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Funds reflect current paper-account equity, not a configured allocation.