TERQLO / PAPER MARKETS

Trading terminal

Scenario connection ready Model rules ↗

ETH / USD

Crypto perpetual · paper model

$2,500.00

Step 0 / 20

Next step reveals one new scenario price.

Initial scenario mark—

Session high—

Session low—

Fee each side0.05%

↗

Set direction, margin and exits. Then reveal the next price and review the outcome.

PAPER ACCOUNT · NO DEPOSIT

Account equity $10,000.00

Available practice cash—

Margin in use—

Unrealized PnL—

Realized PnL after fees—

Session changes are unsaved until you save them.

Closed trades

Show

A fresh run?

Export or save this session before starting again. A new run starts with $10,000 of virtual cash.

PAPER MODEL / 1.0

Know what the numbers mean.

Margin and fees

Margin = notional / leverage. Opening fee = notional × 0.05%. Available cash must cover both. Equity includes free cash, locked margin and unrealized PnL.

Exits and loss limits

PnL = units × price change × direction. Stops and targets trigger at the next revealed mark, including gaps. A position closes if its modeled loss reaches its margin. Loss is capped at margin in this simplified isolated model.

Execution boundary

No live price feed, funding payments, maintenance tiers, order book or production execution is connected. Equity-themed contracts are examples. Wallet connection does not deposit or trade assets.

Replay, saved sessions and exports

All markets share the selected deterministic scenario, with different sensitivities. Changing the scenario requires a fresh session. Save the full session to the server or export it. The journal keeps the latest 30 closes; export before continuing if you need the full history.

YOUR WORKSPACE

Saved practice sessions.

Saved to the server under this browser’s private workspace key. Wallet connection does not sign you in. Export a copy before switching browsers or clearing site data.

Connecting to saved records…