Paper trading. Give your strategy a rehearsal.
Crypto paper trading uses simulated funds to observe a strategy. It is a way to inspect the behavior of your trading bot before deciding whether to give it live execution access.
Simulated funds. Observable decisions.
A paper trading workflow records simulated entries, positions and exits. You can observe whether a graph acts on the signals you intended without committing a real wallet balance to those decisions. Paper mode and live mode should be treated as distinct execution contexts.
This is different from assuming a historical chart shows what a bot would have earned. A live paper run lets you observe incoming data and the graph's decisions as they happen. It still uses a model for execution, so its fills and profit figures remain simulated.
Check the rules, then the results.
Start with a graph you can explain: what qualifies a candidate, what opens a position and what closes it. In Orbi, review individual trades alongside the bot's history and analytics. Confirm that exits correspond to the configured rules and that repeated signals do not create an unintended pattern.
Change one condition at a time when you want to understand its effect. Compare runs with their settings, data coverage and market context in mind. A small sample of successful paper trades is not enough to establish that a strategy will remain profitable.
A paper fill is not a live fill.
Real orders compete for liquidity and can move the price. Network delays, transaction failures and execution costs affect the result. Review which fees and slippage assumptions a particular simulation includes rather than assuming its ledger captures every live cost.
Provider simulations also have explicit limitations. Alpaca, for example, documents differences involving market impact, latency-related slippage and order queue position. That is an example of why paper and live outcomes can diverge, not a claim that every Orbi market uses Alpaca's simulator.
Live execution is a separate decision.
Moving to live trading requires a supported execution integration, the appropriate wallet setup and deliberate permissions. Review position sizing and exits before enabling a workflow. A completed paper run should never be interpreted as a guarantee or as automatic approval to spend real funds.
Orbi can help review the graph and investigate the trade history, but responsibility for live access remains with you. The desktop download options are currently coming soon; the site lets you explore the product and compare plans while those options are unavailable.