Paper money. Real prices. Your strategy.
A free perpetuals terminal — SOL, BTC, ETH and the rest of Hyperliquid’s markets. Ten thousand in paper money is already in the account: no wallet, no signup, no email. The desk behind it trades SOL, and it publishes every call it makes — including the ones it refuses.
Free paper terminal · $10,000 balance on arrival · no wallet, no email, no signup.
How it decidesPaper trading · not financial advice.
The measured record
Three edges, three sample sizes.
Three numbers, three sample sizes, and the window each was measured over. A statistic without an n is an opinion wearing a number.
Source: the desk's research record, Nov 2026 — 399 limit orders (cancel-on-close vs wait); 365 days of SOLUSDT sweep-reclaim signals, of which 872 passed the 1H CISD filter; ~696 signals for the 25/35/40 ladder, re-run 7 Nov 2026 and reproduced at +0.238R.
How a trade is decided
Five gates. Every one can say no.
Liquidity first.
Where the stops are, which level was swept, and whether it closed back inside or genuinely broke.
The entry sits on the right side of its level.
Selling below a level you have not seen rejected is anticipation, not a trade. That single rule cost $250 once and has not cost it again.
The stop clears the level by one ATR.
The fee floor is derived, never remembered: round-trip cost is 0.063% of price, so the minimum stop is 0.252% — below that, the fees eat the edge.
Every no is said out loud, and counted.
A daily memo shows what was refused and why, so the desk can tell a tight gate from a working one.
The plan is written before the entry.
The stop is the guard rail. Positions can be closed the moment the path breaks — not only when a stop is hit.
What this is not
No calls to copy. The desk states what it is doing and what would prove it wrong.
Every figure above is a measured average with a sample size, not a forecast.
Something broken? Something missing?
Tell us. Every message is read. No account, no email required.