WEBVTT

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Before we practice, let's answer one question that matters more than the

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size of any number on this screen: which workspace are we using?

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TraderLobby has Paper and Live. Paper is the place for simulated trading.

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Live is the workspace connected to supported real exchange activity. Knowing which

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one you are viewing is the first habit we will build.

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On the desktop layout, look near the top of the app for

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the two choices labeled Paper and Live. Read the words and look

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for the selected choice. On the mobile layout, the header also has

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Paper and Live controls. The screen is arranged differently, so use the

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labels to find your place instead of memorizing a spot on a

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large monitor.

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For this lesson, choose Paper and let the screen finish updating. Check

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the label again, then look at the account information and any message

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the app shows. If the change fails, the information looks inconsistent, or

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an access message appears, stop before submitting anything. A button changing appearance

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is not enough to settle an unclear account state.

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You may also see a connection indicator, a provider label, or information

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that continues moving. Those details have different jobs. A connection indicator describes

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communication with the app. A provider label helps identify the source or

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account context. Neither replaces the Paper and Live selection. A connected screen

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can still be a practice screen.

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Now separate the workspace from a strategy. A strategy is a set

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of trading rules that can be enabled for a particular context. Selecting

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Paper tells the app which workspace you want to view. It does

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not mean every strategy has been switched off. These are separate controls,

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and reading one does not answer the question asked by the other.

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This matters especially if you have already used Live. Moving into Paper

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does not pause enabled Live strategies or their position watchers. The desktop

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can show a notice explaining that Live automation is still running. Closing

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that notice with Got it only dismisses the message. It does not

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send an instruction to stop trading.

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If you already have Live activity, understand and supervise it through its

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Live controls before treating this as a quiet practice session. Do not

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use the lesson as a shortcut for shutting that activity down. We

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will explain the stopping boundaries later. A new user who has never

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enabled Live activity can begin by identifying the Paper workspace and checking

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its information.

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Take a moment to say what you know: I can find the

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mode control. I have checked that my exercise is in Paper. I

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understand that a selected workspace and an enabled strategy are different things.

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That short explanation is more useful than clicking quickly. It gives every

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action that follows a clear starting point.