NickAI

Paper trading

Paper trading with an AI agent, on live prices

Describe a strategy in plain English and Nick builds it on PaperNick 2, its paper trading venue, with live prices and no real money. Trade crypto spot and perps, review every order, fill and PnL, then point the same workflow at a real exchange when the rules do what you expect.

Try for free now

Up to 1,000 free credits as you set up. No card. No time limit.

Paper trading strategies you can build today

Each one runs on PaperNick 2 with no real money. Copy a prompt, change the asset or size, and Nick builds it.

BTC dip buyer with a bracket

Practice buying oversold BTC with the stop-loss and take-profit set in the same order.

Ask Nick
"Every 4 hours, read the 4-hour RSI of BTC/USD. If it is below 30, buy $500 of BTC on PaperNick 2 with a stop-loss 5% below and a take-profit 10% above the entry. Email me each fill."
  • Price Data
  • Conditional
  • PaperNick 2 order
  • Email
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Funding rate perp test

Test a perp idea on funding rates with leverage, without risking a dollar.

Ask Nick
"Every hour, check the BTC funding rate on CoinGlass. If it is above 0.05%, open a $1,000 short BTC perp on PaperNick 2 at 2x leverage with a stop-loss 3% above the entry. Send me a Telegram alert with the rate and the order."
  • CoinGlass
  • Conditional
  • PaperNick 2 order
  • Telegram
Try this prompt

Morning news check on your paper book

Start each day with a summary of your paper portfolio and the headlines that moved it.

Ask Nick
"Every day at 8:00, read my PaperNick 2 portfolio and the last 24 hours of crypto headlines from an RSS feed. Have a model summarize what moved. If ETH is down more than 5% on the day, buy $200 of ETH on PaperNick 2. Send the summary to Slack."
  • Portfolio
  • RSS Feed
  • LLM
  • PaperNick 2 order
  • Slack
Try this prompt

Strategies to start from

How it works

From idea to paper strategy in one conversation

  • Describe the strategy: the asset, the rule, the size and how you want to hear about it.
  • Nick builds the workflow with PaperNick 2 as the venue and shows it to you before it runs.
  • Run it on a schedule, from every few minutes to once a week, and review every order, fill and PnL.
  • Refine the rules in plain English until the strategy does what you expect.

A trading simulator with real order types

Practice with the orders you will use live

PaperNick 2 takes the same Exchange Order node as a real venue, so the strategy you test is the strategy you run.

  • Market, limit, stop, stop-limit and trailing stop orders.
  • Stop-loss and take-profit attached to the entry.
  • Crypto spot and perps, with leverage.
  • The Portfolio node reads your paper positions, balances and PnL like any exchange.

Paper to live

Switch to a real exchange when you are ready

Keep the workflow and change the venue on the order node. Connect Coinbase, Kraken, OKX, Hyperliquid, Revolut X or Alpaca and Nick trades your account with the same rules. For US stocks and ETFs, practice first on an Alpaca paper account.

Works with

Related on Nick

Create your agent, the way you want

Chat with Nick, start from templates, clone community workflows, build from scratch, or work from your own AI assistant: five ways to launch your first agent.

Create my agent

Okay, let’s build your trading agent

I’ll set up the triggers, conditions, and execution logic for you.

Nick is working…

Chat with Nick

Describe your strategy in plain language. Nick converts it into a complete agent: signals, rules, and automated execution. No code, no complexity.

Grid TradingBuy/sell orders at intervals to trade volatility.
DCA AgentAuto-invest on schedule. Set amount and frequency, let it run.Verified
Momentum TraderRide trends with entries timed by momentum signals.Verified

Start with Templates

Choose a strategy template and customize assets, risk limits, timing, and triggers. Skip the setup and deploy in minutes.

Top ranked

created by whale_watcher

Whale Alert Trader

Trading

Monitors large wallet movements and exchange flows in real time. Trades when whales accumulate or distribute.

PopularWidely cloned
Clone this template

Clone from Community

Explore workflows their authors chose to share. Review the steps and adapt them to your own market and settings.

Add node
AllTriggersData sourcesLogicActions
Time basedRun your workflow on a schedule
Price DataReal-time and historical asset prices
Order ExecutionPlace and manage orders automatically

Build from Scratch

Design your agent step by step with visual blocks. Fine-tune monitoring, AI analysis, and execution, with complete control over every node.

Your AI assistant

Buy $100 of BTC on Coinbase every Monday and message me on Telegram.

nick · create_workflowMCP

Your agent builds; you run or activate any workflow that places orders, in Nick.

From Claude or ChatGPT

Connect Nick to the AI assistant you already use and describe your strategy in plain English. Your agent builds; you run or activate any workflow that places orders, in Nick.

Connect your assistant

Paper trading runs your strategy on live market prices with simulated money. Orders, fills, positions and PnL are tracked like on a real exchange, with no real funds at risk.

Yes. The free trial comes with credits and needs no card. PaperNick 2 needs no deposit and no exchange account.

PaperNick 2 covers crypto spot and perps. For US stocks and ETFs, connect an Alpaca paper account and Nick trades it the same way.

No. Paper trading runs your strategy forward on live prices, order by order. Nick does not run historical backtests today.

Open the workflow and change the venue on the Exchange Order node to an exchange you have connected. The rest of the strategy stays the same.

No. Describe your strategy in plain language and Nick builds it, or start from a paper trading template and adjust it.