WEBVTT

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Before deciding what a market might mean, we need to find it

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and identify it correctly. This chapter is about research inside TraderLobby: where

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market information appears, how to explore a chart, and what the candidate

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panel actually tells you. You can complete the whole lesson in Paper.

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No purchase is needed to prove that you understand a screen.

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Begin in the Trading workspace and check the selected Paper or Live

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label. For this exercise, stay in Paper. On desktop, look for the

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control labeled Show coin universe if the market panel is hidden. When

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the panel is open, that control changes to Hide coin universe. You

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can also collapse the panel from its header. Hiding a panel changes

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the layout, not the account's holdings.

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Coin Universe is the app's shared market list. It is not a

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list of assets you necessarily own, and it is not a personal

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collection that you must build one coin at a time. A market

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being visible means you can inspect the information shown for it. Visibility

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alone does not say that a particular strategy can enter it or

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that an order would succeed.

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Read a row from its identity first. You may see a familiar

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name, such as Bitcoin, followed by a trading pair such as BTC-USD.

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The name helps you recognize the asset. The full pair identifies the

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market more precisely. In that example, Bitcoin is priced in U.S. dollars.

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The part after the dash identifies the quote asset, the unit used

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to express the price.

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Keep the whole pair in your notes. BTC-USD and BTC-USDC share Bitcoin

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on one side, but their quote assets are different. A shared first

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symbol does not make two markets interchangeable. You will need that distinction

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later when comparing a market row, a holding, and a transaction. Copying

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only the coin's name can hide the very difference you need to

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notice.

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Next, read the panel's information about its source and timing. In Paper,

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the unfiltered Coin Universe status describes a shared Coinbase snapshot with prices

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delayed forty-five minutes. Other account contexts can display different source labels. Read

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what your screen actually says rather than assuming the market list is

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a personal exchange statement or a perfectly current price for every possible

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action.

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The desktop support panels and the mobile layout are different. If your

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phone does not show this Coin Universe panel or its sorting controls,

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follow the desktop demonstration for that part. Do not search endlessly for

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a matching button that your layout does not provide. Later, we will

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use the mobile position view to show the chart controls that are

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available there.

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Your first research note can now be short and precise: I am

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viewing Paper, I found this complete pair in Coin Universe, and I

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checked the source and timing label. That is already more useful than

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saying you saw a coin going up. It gives every observation that

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follows an identity, a context, and a time boundary.