Demo
No-login workflow demo
A static product walkthrough showing how one idea moves from backtest evidence to comparison and paper tracking before account creation.
Workflow Guide
Paper Trading Systematic Strategies
Paper trading is the bridge between historical model output and live conviction. Alphrex treats it as part of the core workflow — not an optional afterthought — and keeps the forward record honest instead of blending it with the backtest.
Why Alphrex fits forward paper tracking
Paper starts from today
Strategies and portfolios begin from their creation date, not inherited history. The forward record stays honest rather than blending with the backtest.
Scoreboards rank forward evidence
Built from stored live point histories, not saved backtests. Useful for monitoring whether a strategy still deserves attention after the historical study phase.
Benchmark context stays attached
Benchmark fit, deterioration alerts, and relative context remain part of the ongoing review loop — not stripped away after promotion.
A disciplined paper-trading workflow
1. Promote only survivors
Use Backtest and Compare to eliminate weak candidates first. Paper tracking is most useful when reserved for strategies that already survived a real validation screen.
2. One economic claim per sleeve
Keep each paper strategy legible. If the thesis is unclear, forward drift becomes harder to interpret and easier to rationalize away.
3. Watch deterioration, not just return
Strong recent return can mask weakening benchmark fit, lower forward Sharpe, or unstable positive-day behavior. Alphrex keeps those forward quality signals visible.
4. Use portfolios for allocation decisions
If the real decision is how sleeves interact, promote them into portfolios. Isolated sleeve charts don't answer the allocation problem.
What paper trading does not establish
No broker execution proof
Product-layer simulation — does not prove fill quality, order routing, tax handling, or live operational resilience.
No immunity to intervention bias
Re-tuning a weak strategy during the paper phase makes the forward record hard to interpret. Paper evidence is only useful when governance around changes stays disciplined.
No production readiness guarantee
Forward paper evidence raises or lowers conviction — it's one layer in a research stack. Execution design and risk policy are separate decisions.
Live artifacts
Related proof pages
Example
Saved result example
A concrete saved-result memo showing how validation, benchmark fit, and decision framing should sit next to the headline backtest.
Example
Benchmark-aware compare example
A side-by-side comparison example showing why the leader is the strategy with the strongest combined validation and benchmark-relative read, not just the highest CAGR.
Example
Paper and scoreboard example
A forward-evidence example linking saved research, paper tracking, alerts, and scoreboard standing without confusing live ranking with historical backtests.
Start
Run the workflow on your own idea.
Open the no-login demo to see the research path, then create a free workspace.