Arriving Day 30No real money

Paper trading · Free

Describe a strategy in plain words; Settlis tests it on past trades, then on paper against live prices, with results every Friday. No real money. Arriving Day 30.

Days are counted from Day 1, the day Fair prices opens on this site. See what opens when.

How it will work

  1. Describe it

    Say what you believe in plain words. Settlis turns it into sealed parameters: the markets, the exchanges, how orders wait for a price, the size and a hard stop.

  2. Test it on past trades

    Settlis replays the strategy against public records of past trades on the exchanges, with each exchange’s fees.

  3. Run it on paper

    Then it runs on paper against live prices, and the results arrive every Friday. No money moves and no order is placed.

Once a strategy is sealed, a change can only make it more careful: a smaller size or a tighter stop, never a bigger risk.

Compiled, sealed parameters

Illustrative

“A star receiver will rack up a lot of receiving yards this season. Put in $200, and stop if I’m down $50.”

Markets
NFL player receiving yards, full season
Exchanges
Wherever the price clears
Posture
Resting (maker) where the market allows
Sizing
$200, risk-limited
Hard stop
Down $50, pre-registered
An example of what a sealed strategy looks like. It is not a real strategy and not a recommendation. On paper, no real money is involved.

Paper results are hypothetical

They are simulated from public records of trades: nobody trades, no money moves, and Settlis places no orders for a paper strategy. Nobody can know where a resting order would have stood in the queue, so results are shown as a range. Real trading may not match them. Read the limits in Disclosures and how the simulation works in Methodology.

Join the waitlist

Leave your email and Settlis will write when paper trading opens. It is free.

Joining commits you to nothing and is not an offer of anything. Settlis accepts no money through the waitlist. You can leave at any time. See the waitlist disclosure.