Paper Trading

SQLite-backed paper trading with immutable event logs.

Asset identity:

• symbol

  is required for trade/snapshot commands.

• mint

  is REQUIRED for

  snapshot

  and

  open

  (

  --mint <address>

  ).
• If multiple positions share the same symbol, pass

  --mint

  for

  close

  /

  set-levels

  so you target the right one.
• For ETH/BTC on DEXs, use wrapped token contract addresses (

  WETH

  ,

  WBTC

  /

  cbBTC

  ) as the mint.

When to Use

Use this skill when the user wants to:

• paper trade ideas before live capital
• track entries/exits/stops/takes over time
• compute realized and unrealized PnL
• keep a thesis journal and periodic review

Database

Default DB path:

~/.openclaw/paper-trading.db

Override with

--db <path>

.

Commands

Use the script:

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts --help

Environment notes:

• No npm dependency is required for SQLite (uses

  node:sqlite

  ).
• Node may print

  ExperimentalWarning

  for SQLite in current versions; this is expected.

1) Initialize account

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts init \
  --account main \
  --name "Main Paper Account" \
  --base-currency USD \
  --starting-balance 10000

2) Log market snapshot (for unrealized PnL)

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts snapshot \
  --symbol BTC \
  --mint 6p6xgHyF7AeE6TZk8x9mNQd2r2hH7r4mYJ8t6x6hYfSR \
  --price 62000 \
  --source dexscreener

3) Open position

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts open \
  --account main \
  --symbol BTC \
  --mint 6p6xgHyF7AeE6TZk8x9mNQd2r2hH7r4mYJ8t6x6hYfSR \
  --side LONG \
  --qty 0.1 \
  --price 62000 \
  --fee 4 \
  --stop-price 60500 \
  --take-price 65000 \
  --max-risk-pct 1.5 \
  --note "Breakout + volume confirmation"

4) Update stop/take

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts set-levels \
  --account main \
  --symbol BTC \
  --mint 6p6xgHyF7AeE6TZk8x9mNQd2r2hH7r4mYJ8t6x6hYfSR \
  --side LONG \
  --stop-price 61200 \
  --take-price 66000 \
  --note "Move stop to reduce downside"

5) Close position

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts close \
  --account main \
  --symbol BTC \
  --mint 6p6xgHyF7AeE6TZk8x9mNQd2r2hH7r4mYJ8t6x6hYfSR \
  --side LONG \
  --qty 0.05 \
  --price 63500 \
  --fee 3 \
  --note "Partial take profit"

6) Journal note

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts note \
  --account main \
  --symbol BTC \
  --side LONG \
  --note "Invalidation if daily close < 61k" \
  --tags thesis risk macro

7) Portfolio status

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts status --account main
node --experimental-strip-types {baseDir}/scripts/paper_trading.ts status --account main --format json --pretty

8) Weekly review

node --experimental-strip-types {baseDir}/scripts/paper_trading.ts review --account main
node --experimental-strip-types {baseDir}/scripts/paper_trading.ts review --account main --format json --pretty

Workflow

1. Keep snapshots updated for symbols with open positions, always with

   --mint

   and

   --source dexscreener

   .
2. Open trades only with explicit stop and risk cap (

   --max-risk-pct

   ).
3. Log every change as an event, do not edit old events.
4. Run

   status

   after each trade and

   review

   at week end.

Notes

• Events are append-only in SQLite (

  events

  table).
• PnL is recomputed by replaying events.

• status

  uses the latest snapshot per

  symbol + mint

  pair for unrealized PnL.

Validation

Run the full paper-trading test suite:

node --test {baseDir}/tests/paper_trading.test.mjs