Kodeus
Warren

Trading Modes

Choose how you want to interact with Warren: paper trading, live trading, or demo exploration.

Strategy live

After selecting strategies, you choose how you want to interact with Warren. Current trading modes:

  • Live Trading
  • Paper Trading
  • Demo Environment

Paper trading

Paper trading lets you:

  • Simulate execution
  • Evaluate strategies
  • Monitor performance
  • Explore Warren without risking real capital

Paper trading currently uses:

  • Live market data
  • Simulated capital
  • Runtime monitoring
  • Real-time strategy behavior

No real funds are used during paper trading.

Live trading

Live trading allows Warren to execute strategies using your connected exchanges. Live trading requires:

  • Exchange connection
  • API authorization
  • Capital allocation
  • Strategy activation

You remain fully in control of:

  • Exchange permissions
  • Allocation boundaries
  • Execution limits
  • Strategy runtime behavior

Demo environment

The demo environment lets you:

  • Explore the platform
  • Browse strategies
  • Understand workflows
  • Navigate Warren without connecting an exchange

Demo is the friction-free path if you want to look around before authenticating an exchange.

Next: Capital Allocation

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