Before deciding what a market might mean, we need to find it and identify it correctly. This chapter is about research inside TraderLobby: where market information appears, how to explore a chart, and what the candidate panel actually tells you. You can complete the whole lesson in Paper. No purchase is needed to prove that you understand a screen.

Begin in the Trading workspace and check the selected Paper or Live label. For this exercise, stay in Paper. On desktop, look for the control labeled Show coin universe if the market panel is hidden. When the panel is open, that control changes to Hide coin universe. You can also collapse the panel from its header. Hiding a panel changes the layout, not the account's holdings.

Coin Universe is the app's shared market list. It is not a list of assets you necessarily own, and it is not a personal collection that you must build one coin at a time. A market being visible means you can inspect the information shown for it. Visibility alone does not say that a particular strategy can enter it or that an order would succeed.

Read a row from its identity first. You may see a familiar name, such as Bitcoin, followed by a trading pair such as BTC-USD. The name helps you recognize the asset. The full pair identifies the market more precisely. In that example, Bitcoin is priced in U.S. dollars. The part after the dash identifies the quote asset, the unit used to express the price.

Keep the whole pair in your notes. BTC-USD and BTC-USDC share Bitcoin on one side, but their quote assets are different. A shared first symbol does not make two markets interchangeable. You will need that distinction later when comparing a market row, a holding, and a transaction. Copying only the coin's name can hide the very difference you need to notice.

Next, read the panel's information about its source and timing. In Paper, the unfiltered Coin Universe status describes a shared Coinbase snapshot with prices delayed forty-five minutes. Other account contexts can display different source labels. Read what your screen actually says rather than assuming the market list is a personal exchange statement or a perfectly current price for every possible action.

The desktop support panels and the mobile layout are different. If your phone does not show this Coin Universe panel or its sorting controls, follow the desktop demonstration for that part. Do not search endlessly for a matching button that your layout does not provide. Later, we will use the mobile position view to show the chart controls that are available there.

Your first research note can now be short and precise: I am viewing Paper, I found this complete pair in Coin Universe, and I checked the source and timing label. That is already more useful than saying you saw a coin going up. It gives every observation that follows an identity, a context, and a time boundary.