Dashboard

Updated Oct 7, 2026

Your dashboard is the first page you see when you log in (Dashboard in the menu). It is built from modules, each answering one question about your bots and your account, such as what is open now, what your bots are doing, or how today went. You choose which modules show and in what order, in one of two layouts. Until you verify your email address, the page asks you to do that first, with Resend Verification Email if you need the email again.

Two layouts: Simple and the Terminal

• Simple is a page of cards you scroll, two across on a wide screen. Everyone starts on Simple.

• The Terminal fits the dashboard on one screen: six panes of tabs, with the market tape along the bottom and, if you have bots or a brokerage account, your account figures along the top. See The Terminal.

On a computer or tablet, switch with the Terminal and Simple switch at the top of the page, or under Layout in Customize. The page reloads in the layout you chose and keeps it for your next visit.

If you have bots or a connected brokerage account (paper included) and have never chosen a layout, Simple suggests the Terminal once: Try the Terminal, a one-screen dashboard, with Try the Terminal and Stay with Simple. Either answer, or using the switch, is kept, so the suggestion does not come back. Everyone else sees What's new on your dashboard until they press Got it. Neither shows on a phone.

If you have not built anything yet (no bots, brokerage accounts or backtests), you have Simple only, and the switch appears once you do.

Phones always use the phone layout, whichever layout your computer uses: the modules ticked in the Phone list in Customize, one under another, in that list's order. Any window under 768 pixels wide shows the phone layout too.

On Simple, from 1,024 pixels wide, each card has Expand or Collapse at the right of its title line: Expand makes the card full width and Collapse half width, kept at once. Some cards start full width, such as Account, Open positions and Bots, and a half-width card with no other half-width card beside it fills its row, unless you collapsed it yourself.

Your starting layout

Your dashboard starts from what you have built, and changes as you do: a module you have never shown or hidden in Customize follows these defaults, so Backtests arrives when you start backtesting, for example.

• Trading (you have bots or a connected brokerage account): Account, Performance, Bot movers, Open positions, Accounts (with two live accounts or more), Capital at risk, Monthly returns, Execution quality, Bots and Community (where the community is open to you), with Recent activity in the right panel. On a phone: Account, Recent activity (in the right panel), Performance, Open positions, Bot movers, Accounts, Capital at risk and Community.

• Trading and research (the same, and you have queued a backtest in the last 30 days): the trading layout plus Backtests, after Bots on a computer and before Community on a phone.

• Paper only (your only brokerage accounts are paper): the trading layout without Performance, Monthly returns, Bot movers, Execution quality and Accounts, since paper keeps no balance history, no measured fills and no live account. The page opens on Paper.

• Research (backtests, but no bots or brokerage account yet): Backtests, Community, Get started, Market clock and GEX. On a phone: Backtests, Community and Get started.

• New (nothing built yet): Get started, Market clock and GEX. On a phone: Get started and Market clock.

Every other module starts off, on a computer and on a phone, until you show it from Customize. The Terminal's panes have defaults of their own: see What the panes hold at first.

The top of the page

From left to right on a computer or tablet:

• Account picker: shown when you have two live accounts, or paper beside a live one. With paper accounts alone, it reads Paper. See Accounts.

• Market phase: Before the open, Open, At close, Settling, After the close or Closed, then what changes next and a countdown (the countdown alone when space is short). Expiring positions settle at 4:20 PM Eastern, and the day's figures are final at 5:30 PM Eastern apart from the broker's fees, which import overnight; the times show on your own clock. The page refreshes itself at each change, and again as the evening's figures and the overnight fee import land. In the Terminal the phase sits in the status bar at the bottom of the screen instead, and moves up here in a window under 720 pixels tall.

• Since: the calendar chip, shown while a module that runs from it is on the page (in the Terminal, in any pane, open or not). See Since date.

• Terminal and Simple: the layout switch, if you can use the Terminal. See Two layouts.

• Focus mode: the sidebar button, which hides the menu sidebar on the dashboard. See Focus mode.

• Hide dollars: hides your account's dollar figures, like balances and profit, on the dashboard. Percents stay, and so do order and stop prices. It takes effect at once. It is an account setting, so other Whispertrades pages and the iOS app hide dollars too while it is on.

• Customize: see Customize.

• Help (the question mark): opens this page in a panel at the side.

In a narrower window some of these become icons. On a phone the top of the page is two short rows: the account picker (or Paper) with the market phase and countdown, then when the page last updated, the Since chip, and Hide dollars and Customize as icons. A phone has no layout switch.

Each module shows when it last changed (Updated and the time; in a Terminal pane, the time alone), and when the data behind it was true if that differs (data as of). When the page comes back after ten seconds or more in the background, every module in view refreshes at once. A module that misses two refreshes in a row, usually because of a connection problem, says Last updated at and its time, and Updated again once it refreshes; reload the page if it stays.

Alerts

Under the top bar sit alerts that stay until their cause is gone, because each needs something from you. They cover all your accounts, whatever the account picker shows, and they refresh as things change (and at least once a minute while the market is open). In the Terminal, on a tablet or computer, they sit on one line under the top bar, which reads All clear while there are none.

• Bots that need attention: how many of your bots have errors from the last 7 days that you have not acknowledged, with Review. Review opens Recent activity on its errors when that module is on the page, and otherwise the bot log filtered to errors.

• Trading is off: while you have bots, since when and why (you switched it off, you did not log in within your reminder interval, or your Whispertrades balance fell below zero), with Turn on trading. The button needs a Whispertrades balance of at least $0.10; below that, the alert offers Add funds, and then the switch at the top right (in the Menu on a phone) turns trading back on.

• Stops not checked: while the market is open, open positions whose stops have not been checked in the last 5 minutes.

• Broker stop missing: an open position whose broker stop the broker ended, with nothing replacing it, with View position (or Open positions when there are several).

• Broker stop not confirmed: a broker stop sent and not confirmed by the broker, so it may not be resting.

• Broker connection expiring or expired, with Renew: from the 48-hour warning before a connection expires (red from the 24-hour warning) until 5 days after it expired. Once a connection has expired, Whispertrades can no longer manage its trades or positions. This is the only alert with Dismiss, which hides it for 4 hours. Dismiss is not offered once a connection has expired or has 6 hours or less left.

• Bot Engine state, while the status page publishes it as Outage, Degraded or Maintenance, with since when and View status. It shows only when no incident already says so.

• Incidents from the status page: the incident's title, when it started, how many of your bots it affects and how many other incidents there are, with View status.

• Your first bot: once a broker or paper account is connected and you have no bots, a card to Create a bot, or to Run a backtest first. In the Terminal it is a chip on the alert line, with Create a bot.

Account

The large figure is your bots' P/L for the session, headed Bot P/L and the session's date: open and closed positions together, with its percent of your account value at the start of the session and SPX's move over the same session. Beside it is what the figure is right now, and while it can still move, the time it was true:

• Live: the market is open.

• At close: the market has closed and expirations have not settled yet (until 4:20 PM Eastern).

• Settling: expirations have settled and your balances have not been recomputed yet.

• Before fees: recomputed, without the broker's fees for the session, which import overnight (at about 2 AM Eastern).

• Final: nothing left will change it.

• Not available: nothing is on record for the session.

With one account picked, the figure comes from that account's own minute-by-minute record, so it stays At close after the close. Under Paper it turns Before fees at 5:30 PM Eastern, and reads Not available from midnight until the next open.

The session is the market's, in Eastern time, wherever you are: today's while the market is open, and the latest one until the next session opens. On a tablet or computer, Simple's card also draws the session's return as a small line under the figure. The account figures refresh every 30 seconds while the market is open.

Beside the figure are the account tiles you choose under Account tiles in Customize. Unless you have chosen your own, a desktop shows Account value, Option buying power, SPX beta weight, At risk, Open bot P/L and Bot P/L week, month and year to date, and a phone shows Account value, Option buying power, SPX beta weight and Bot P/L week, month and year to date.

The tiles follow the account picker: with one account picked they cover that account alone, and under Paper your paper accounts alone. With Hide dollars on, every dollar figure and the SPX beta weight show as ***, and the percents and multipliers stay.

In the Terminal, for members with bots or a connected broker or paper account, the account is a strip across the top of the screen, above the panes, never a tab: the large figure first, then your Desktop tiles in one row under short names (Buying power, Beta weight, Open P/L, P/L WTD and so on). When the row is wider than the screen it scrolls sideways (a mouse wheel scrolls it too), and the large figure stays put.

Account value

The total value of your connected live brokerage accounts, as your brokers last reported it, or the one account's with one picked. Under Paper it is your paper accounts' cash, and this tile and Option buying power say Cash only. (The previous dashboard called it Net Liquidation Value.)

Option buying power

The option buying power your brokers report, for the accounts the account picker shows together. The percentage beside it is your available option buying power as a share of your account value, not the share used: green at 30% or more, yellow from 15%, red below 15%.

Notional held

The total notional value held by Whispertrades bots only. It does not include positions in your account opened outside Whispertrades.

Notional held offsets short puts and calls for each symbol: if your bots hold both short puts and short calls on the same symbol, it takes the larger of the two sides' notional values. The multiplier beside it is your bots' leverage against your account value, again counting Whispertrades bots only.

SPX beta weight

The beta weight of all your open bot positions against SPX. The large number is how much your account value changes with each 1 point move in SPX: at 50, your account gains $50 for every point SPX rises; at -100, it loses $100 for every point SPX rises and gains $100 for every point it falls. It changes as your positions and SPX move.

The multiplier beside it is how far your account value moves for each 1% move in SPX: 1.3x means a 1% rise in SPX moves your account up 1.3%. It is negative while your bot positions are net short against SPX.

Every open bot position counts, whatever its symbol: each underlying is weighted by its beta to SPX, from weekly returns over the previous two years. A position not weighted yet is left out and counted in a note ("2 positions pending"). With one account picked, it weighs the positions entered on that account. Paper positions are not weighted, so under Paper it reads n/a. With Hide dollars on, the number is hidden and the multiplier stays.

Short premium open

The premium still open in your credit positions (a short call, a put credit spread, an iron condor), marked at the mid: what the short legs would cost to buy back now, less what any long legs are worth. The percentage is that amount as a share of your account value.

Long premium open

The value still open in your debit positions (a long call, a put debit spread, a long straddle), marked at the mid: what the long legs are worth now, less what any short legs would cost to buy back. The percentage is that amount as a share of your account value.

Open bot P/L

Unrealized profit on every position your bots hold now. The percentage is a share of your account value, not of the bots' maximum risk. (Previously Profit Open.)

Bot P/L today

The large figure as a tile: your bots' P/L for the session, open and closed positions together, as a percent of your account value at the start of the session, beside SPX's move. (Previously Profit Today.) Under Account tiles in Customize it is a row like the tiles, on a desktop and a phone separately. At the top of a list it leads as the large figure. Moved down, it becomes a tile in that place, and the first tile takes the large figure's purple. Untick it, and that list shows it neither as the large figure nor as a tile.

Bot P/L week, month and year to date

Realized and unrealized profit from your bot positions over the week, month or year, in Eastern time, each beside SPX's move over the same days. The percentage is a time-weighted return: each session compounded onto the last, so deposits and withdrawals do not move it. With one account picked, they count the bots on that account now, each with its whole history, and say Bots on this account now. Paper keeps no history, so under Paper they read n/a.

At risk

The most the open positions in the accounts the account picker shows can lose: the Capital at risk module's figure for those accounts, whether All live accounts, one account or Paper. The percentage is a share of their account value. Positions with no defined maximum loss, such as naked shorts, are not in it: when you point at the warning mark beside the figure, it names the largest three with their modeled figures and counts the rest. With Hide dollars on, the dollar figures are hidden here and in the warning, and the percentage stays.

Performance

A chart of your bots' performance, with five tabs: Day, Week, Month, Total % and Total $.

• Day, Week and Month draw the session, the week or the month from your minute-by-minute balances, the week in five-minute steps and the month in steps of 1 to 15 minutes, wider as the month goes on. The lines are Bots (your bots' return), SPX, Bots - SPX, SPX beta weight and SPX expected move. The last two start hidden. With one account picked, these tabs draw that account's own record and leave out the SPX beta weight line.

• Total % is your bots' return from your Since date against your benchmark (SPX unless you chose another under Default benchmark symbol for reporting in Settings, Display), measured from its closes over the same span, with the difference between the two. Returns compound rather than add, so deposits and withdrawals do not move it.

• Total $ is your bots' profit from your Since date, realized and unrealized together, shaded green above zero and red below. With Hide dollars on it draws the shape only (Bot P/L, shape only), with no dollar scale.

Today appears as a live point on the Total tabs until the session settles; with a benchmark other than SPX, that line waits for the day's close. History more than two years old shows every fifth session. While the market is open every tab keeps up with it: the Day tab within a minute, and the others within a few minutes. With one account picked, the Total tabs count the bots on that account now and say Bots on this account now. Paper keeps no balance history, so under Paper the chart says so.

Click a line's name above the chart to hide or show it (a phone shortens Bots - SPX, SPX beta weight and SPX expected move to Diff, Beta and Exp. move). The chart remembers your tab and lines, and Session replay draws with the same lines. Point at the chart to read every line at that moment, or drag across it to zoom in.

In the Terminal the chart fills its pane, with the tabs and the lines' switches in the pane's toolbar.

Since date

The Since chip, the calendar at the top of the page, sets where the long views start: the Total % and Total $ tabs, and the Since start, Drawdown, Monthly returns and Daily returns modules (see History). It shows while one of those is on your dashboard, once you have bot P/L on record. Open it and choose a date, which stays put (from your first day of bot P/L to today); a preset (YTD, 1 year, 6 months, 90 days or 30 days), which moves forward a day each day and shows on the chip by its name; or All for your whole history. Your choice is kept as you make it. It does not change Day, Week or Month, or the account tiles.

What is happening now

Open positions

Your open positions in the accounts the account picker shows, newest entry first. A line at the top counts them, for example "12 open · 3 closed today · 1 needs attention · 2 near a stop". Each position shows its bot's name; its open P/L and today's change, each with its percent of what the position was worth at entry (its credit or debit); the position and when it was entered, with Expires today on its expiration day; and what it was worth at entry and is worth now (Entry NLV and Current NLV, its net liquidation value, as the position's page totals it). Each armed stop reads as its level and where the position is now.

Its warnings are in plain words, colored by how much they matter:

• Red, when its protection is not working: Stops not checked (no check of its stops for five minutes of the session, with why when its bot is disabled or your account trading is off), Stops on hold (its quotes cannot be trusted yet: behind the market, too wide or missing), Open past its expiration, and Broker stop sent, not confirmed.

• Yellow, when it is close to a stop: At its broker stop and Near a monitored stop.

• Gray, while it waits to settle (Expired, settling at 4:20 PM Eastern, shown in your time zone, or Settles on the opening print for an AM-settled position) or waits for its first price (Quoting).

Below the open positions, under Closed today, are the positions that closed today on your clock, newest close first, each with its final P/L, when and why it closed, and what it was worth at the exit (Exit NLV). However many positions are open, the last few rows are kept for the ones that closed today, so they always show.

Five positions show to start (more when the card has room to spare), and Show 5 more adds the next ones, up to 100. All positions opens your positions page. The search box finds positions by bot name, bot tag, account name, broker or strike. On a phone the percents are left to the position's sheet. With Hide dollars on, the P/L dollars and the position's values are hidden; the percents, prices and stop levels stay.

Click the bot's name on a row to open the position's sheet beside the page, without leaving it (Cmd-click or Ctrl-click opens the position's page in a new tab instead). The sheet shows the bot, its account and its tags; the position with its state, when it was entered and when it expires, and its warnings; Profit and loss, open and today, in dollars and in percent; Bot P/L, last 3 months, a line of its bot's total P/L at the end of each session over the last 3 months, with the change across them (a paper bot keeps no session history, so its sheet says so instead); Price and value, its price and net liquidation value at entry and now (at the exit once closed); its Legs, each with its delta; its Stops; and Market at entry, its underlying, VIX, IV and IV rank when it was entered. Open position page opens its page, Close position closes it as the × does, and the bot's name at the top opens the bot's sheet (see Bots). Escape or a click outside the sheet closes it. With Hide dollars on, the dollar figures and values are hidden, the line turns gray, and the percents, prices and deltas stay.

While the market is open, each open position has a red × to close it. Choose how many contracts to close under Quantity to close (all of them to start; the choice appears when more than one contract is open), then Close position: the closing order goes out at once, exactly as the position's own page closes it. Keep it open backs out. The × is not offered while the bot is in the middle of a run; try again in a moment.

In the Terminal, the Positions tab holds the positions as a table, 20 to start and up to 50. Bot is always the first column, and its name opens the position's sheet. Until you choose your own, the other columns are Exp, Entry Price, Current Price, Entry NLV, Current NLV, Day P/L, Open P/L and Stop. The gear at the top of the table (Choose columns) also offers Entered, Qty, SPX Beta Weight, Leverage, Max Profit, Max Risk, Delta, % OTM/ITM, Broker and Bot Tags: tick a column to show it, drag it by its handle or use its arrows to move it, then Apply. Reset to default in the same dialog brings back the columns above. Click a column's header to sort by it, again to reverse it, and a third time to go back to newest first; the positions closed today stay below the open ones whatever the sort. Your columns and sort are kept for your next visit, and each Terminal arrangement of your own keeps its own. The tab's badge counts your open positions, in yellow while any needs attention.

• Exp reads Today, Tomorrow, the day of the week for an expiration up to six days away, and the number of days for one a week or more away, such as 7 days or 36 days.

• Delta reads as the option chain quotes it, a decimal with its sign (-0.123 for a short put).

• Stop shows the first armed stop in short, with +1 (or more) when there are others.

• Qty counts the contracts still open. Leverage is the position's notional value at entry over its account's value now. Max Profit and Max Risk are as recorded at entry.

A position with a warning has an exclamation mark at the left of its row, red, yellow or gray by its worst warning; point at it, or move to it with Tab, to read every warning. The arrow at the end of a row opens the position's type, its legs, its stops and its warnings in full. When a pane is too narrow for the columns you chose, the bot's name shortens first and then the table scrolls sideways, with the bot's name and the row's buttons kept in view, so no figure is ever cut short; a long tag list or broker name ends in an ellipsis, and pointing at it reads it whole.

The SPX Beta Weight column shows each position's beta weight in SPX points with a multiplier beside it: how far the value of the accounts the account picker shows moves, in percent, for each 1% move in SPX, from that position alone (the SPX beta weight tile gives the whole book's). Paper positions are not weighted. With Hide dollars on, the points are hidden and the multiplier stays.

Capital at risk

The most the open positions in the accounts the account picker shows can lose, in dollars and as a percent of their account value (net liquidation value). Each position counts its maximum risk at entry, net of any credit received, scaled to the contracts still open. While more than one account holds open positions, a list splits the total by account, largest first.

Naked short calls, puts, straddles and strangles, whose figure is a model rather than a limit, and positions with no maximum risk on record, are kept out of the total. A line under it counts them with their modeled figure ("+ 2 undefined-risk positions, modeled at ..., not in the total"); click it to list them by bot and position, largest first, up to five and then how many more. Paper positions show only under Paper. With Hide dollars on, only the percents show.

In the Terminal, the At risk tab shows the same figures, with the accounts as a table: Account, At risk and % NLV.

Bots now

Your enabled bots in the accounts the account picker shows, by what they are doing now and when they can next enter. A line at the top counts them, for example "3 can enter now · 12 later · 1 blocked". Anything that stops every bot at once is said once above the list: the market is closed, automated trading is paused on Whispertrades, or your account trading is off.

The bots follow in the order you would act on them:

• Blocked: the autotrader does not run the bot at all, because its broker connection is not active or trading at its broker is paused on Whispertrades, so it neither enters nor manages its open positions.

• Never enters: one of its settings means it can never enter as set up, said in words (for example "No Days of the Week are ticked" or "Its Earliest Entry Time is after its Latest Entry Time"), with a link to its Entry settings.

• Bots that can enter now, marked Now, each with the latest line it logged about entering this session and when, under Entered, Entering, Entry failed or No entry. Until it logs one, its line says so and lists the market conditions it also requires (its VIX, move, moving average, IV, GEX or variable filters), worded as its entry settings word them.

• Bots held until a known moment, soonest first, each with when it next enters (a time today, Tomorrow, a weekday, or a date), what holds it (for example its Earliest Entry Time, its Days of the Week, its Frequency or an economic event it avoids), and the market conditions it also requires, which no calendar can answer.

• Waiting: it holds every position its Frequency allows, so it waits for one to close.

• No entry soon: no day in the next 62 days lets it enter, with a link to its Entry settings.

• Disabling: it is set to disable when its positions close, so it enters nothing more.

When a bot next enters is worked out from its settings and the market calendar, assuming no position opens or closes before then. While the autotrader is running your bots, each bot also says when it last ran (Checked and the time); Not run since in yellow means five minutes of the session have passed without a run.

Under Days ahead are up to four coming days that keep bots out before their next entries, each with how many bots sit out: an economic event they avoid, a holiday on a Weekly bot's day (which means no entry that week), an early close before their entry window, or no expiration in their DTE range. A last line counts any more.

Five bots show to start (more when the card has room to spare), and Show 5 more adds the next ones. In the Terminal, the Bots now tab holds a table, 10 bots to start and up to 50: Bot, State (the labels above, Held for a bot waiting on its calendar, or Running or Ready for one that has logged nothing yet), Next (Now, or when), Why and Run (when it last ran, or Stale and for how long). The State column leaves when every bot shares one state, and in a narrow pane Why and then Run move into the row's details, which the arrow at the end of the row opens. The tab's badge counts the bots that need you (blocked or never entering), in yellow. For more on why a bot has not entered, see No New Positions.

Working orders

Your orders still working in the accounts the account picker shows, with a line at the top counting them by kind, for example "1 sent, not confirmed · 1 entering · 2 resting". Orders that need you come first:

• Sent, not confirmed: sent to your broker and not confirmed by it, with the broker and how long ago it was sent.

• Not being worked: an entry whose last price went out more than eight minutes ago, so nothing is repricing it any more, with when it was last repriced.

Then come entries and closes being worked (Entering and Closing), each with its reprices and how long it has been working, then what rests at your broker: profit targets and other resting closes (Resting) and broker stop orders (Broker stop, with its trigger and any limit). Each group lists its oldest order first. Ten orders show to start (more when the card has room to spare), and Show 10 more adds the next ones, up to 50. The search box finds orders by bot name, bot tag, account name, broker or strike, and a bot's name opens the bot's sheet.

While the market is open, each working order has a red × to cancel it, and each closing order (a profit target, a close being worked, a broker stop) a pencil to change its price: the order is canceled at your broker and sent again at the new price. For a broker stop the price is its trigger (New trigger), and a stop-limit's limit moves with it, keeping the same distance; change a limit on its own from the order's page. A price the order cannot take is refused under the field. An entry can only be canceled. Neither is offered while the bot is in the middle of a run, or for an order your broker has not confirmed.

In the Terminal, the Orders tab holds the orders as a table like the positions, 20 to start and up to 50: Bot first, then, until you choose your own from the gear, What (the bot type and its strikes), Type (Entry, Broker stop, or why a close was placed, such as Profit Target), Qty, Price and Age. The gear also offers Kind, Filled Qty, Limit and Broker. A header click sorts by that column, and a pane too narrow for your columns scrolls sideways. The arrow at the end of a row opens how often the order was repriced, how long it has been worked, its broker and how it is going. The tab's badge counts your working orders, in yellow while any is not confirmed.

Market clock

The market's phase (Before the open, Open, At close, Settling, After the close or Closed), what changes next and when, with a countdown (the open, the close, expirations settling at 4:20 PM Eastern, or the day's figures turning final at 5:30 PM Eastern), and today's session hours, with the name of an early close or a holiday. Times show in your time zone.

Below them is the market tape: SPX, VIX and then the symbols your enabled bots trade, in alphabetical order, or up to ten symbols you choose under Market tape in Customize, from the symbols Whispertrades keeps quotes for. Each symbol shows its move today, never its price. While the market is open the moves are live, and a quote that is a minute old or older shows its age in yellow. From the close until the next open, the tape shows each symbol's move at the latest close, under Last close and that session's date. The tape refreshes every 30 seconds while the market is open and every five minutes otherwise.

Wherever SPX's move today appears on the page (here, beside your bot P/L in the Account module, and in GEX), it is the same reading, and when any module brings a newer one, every place shows it at once.

In the Terminal the market clock is not a tab. Its tape runs along the bar at the bottom of the screen, keeping as many symbols as fit on one line and counting the rest as +N, and the phase and countdown follow it. In a window under 720 pixels tall, the bar keeps the tape, and the phase and countdown move to the top of the page. On a phone the market clock is a card like any other module.

GEX

SPX's move today, or at the latest close with its date: the same reading as the tape's. While the market is open, it also shows the expected move: how much further options price SPX to move by the close, as a plus or minus percent, with how long ago that was worked out once it is five minutes or more. Then SPX's gamma exposure: the regime (Positive gamma or Negative gamma) with today or the date of the latest levels, and the call wall, the put wall and the flip.

Where the three levels stand in order, a ladder draws them, with SPX's marker in the band it sits in (above the call wall, between the flip and the call wall, between the put wall and the flip, or below the put wall), never at its price. Otherwise the levels are listed beside the regime, and a line says where SPX sits among them. The GEX dashboard link at its top opens the full GEX dashboard.

GEX is the same for every member, and refreshes every minute while the market is open and every five minutes otherwise. In the Terminal (the GEX tab) the same facts are a list: SPX move, Expected move and Gamma, with the ladder under it, or the levels and SPX sits in the list where the ladder cannot draw.

How today went

Sessions

The latest session and the two before it, side by side (stacked on a phone), each labeled with its date and the same word the Account module gives its figure: Live, At close, Settling, Before fees or Final, with the time its figures are as of while they still move. From the open, the latest session is today's; before the open, and on weekends and holidays, it is the last one that traded.

Each session leads with your bots' P/L for it, open and closed positions together, and its percent of your account value at the start of the session. Under it:

• Entered and Closed: how many positions your bots entered and closed in the session.

• Won: how many of the closed trades made money or broke even, and their share.

• Adjusted: positions whose adjustment conditions ran today (a run that changed nothing still counts). Today's session only, shown when any ran.

• Realized: the session's change on the trades it closed, each one's final P/L less its mark at the prior close. Today's session only, shown until midnight Eastern.

• Full P/L: what the trades the session closed made over their whole life, days before this one included.

• Closed by: small tiles counting the closes by how they came about: Target, Stop, Time, Expiry (expiry or assignment), Manual and Other.

• Movers: the three bots whose P/L moved the session most, open and closed positions together.

Notes under a session say when broker fees are not in yet, and, after the close, how many expiring positions settle at 4:20 PM Eastern.

Sessions follows the account picker: one account counts the positions entered on it, and Paper counts your paper positions. Paper keeps no session history, so under Paper only today's session has a P/L, from the open until midnight Eastern, and the rest read Not available. With Hide dollars on, the dollar figures show as ***. The module refreshes when a position opens or closes, and every five minutes.

In the Terminal the sessions are a table: a row for each figure (Total, Total %, Entered, Closed, Closed by, Won, Adjusted, Realized, Closed trades' full P/L and Movers), a column for each session, and how current the latest session's figures are at the top of the pane.

Recent activity

The newest entries in your bot logs from the last month, newest first: 50 on a computer or tablet, where the list scrolls inside the card, and the ten newest on a phone, with Log for the rest. In the right panel (where Recent activity starts if you have bots or a connected account), all 50 show at any width.

The Level list chooses which entries show: Errors, Warning and above, Info and above (to start) or Verbose and above, and the module remembers your choice. New entries appear within a few seconds of being logged; Verbose entries arrive with the module's next refresh, within a minute while the market is open and within five minutes otherwise.

Each entry links to what it is about, or to its bot's log, and a bot's name opens its sheet (see Bots). Acknowledge an error with its check mark, or delete an entry with its x, as you would in the log. The pencil opens the log's Customize page. The heading counts the errors in the list you have not acknowledged, and Review on the alert for bots that need attention opens this module on Errors for that visit. The module follows the account picker: your live bots, the bots on one account, or your paper bots.

In the Terminal (the Activity tab) each entry is one line, its buttons showing when you point at it, and the Level list, the pencil, Log and the error count sit at the top of the pane. In a narrow pane a line shortens to its time, its bot's color and what happened, and its arrow opens it to show the bot's name and the buttons.

Bots

Your enabled bots, those most in need of attention first: bots with errors you have not acknowledged from the last 7 days, then bots holding positions (the largest move today first), then bots that closed a position today, then the rest by name. They come 25 at a time, with Show 25 more below them. A bot's error count opens its log. Each bot shows its Open P/L while it holds a position and its Today, which includes the trades it closed today. Under it are its open positions and those it closed today (marked Closed), each with its own P/L and Today when the bot lists two or more.

While the market is open, each open position has an × to close it, unless its bot is in the middle of a run: choose how many contracts (all of them to start), and Close position sends the closing order at once. A bot that can take a new position also has a lightning bolt beside its pause button (Enter new position) while the market is open. Click it, then Enter position, and the bot enters a position at once from its entry settings, skipping its entry filters, as Enter New Position on the bot's page does. A bot holding two or more open positions, in the middle of a run, or pausing after its positions close has no bolt. Each bot's pause button (Disable bot) turns it off; a bot holding a position or a working order opens its disable page first, where you choose what happens to them. Bots paused in the last 7 days wait under Paused (up to 10, newest first), each with when it was paused and a button to resume it (Resume bot).

The search matches a bot's name, its account, its symbol, its tags, and a strike on a position it holds or closed today. The list follows the account picker: your live bots, the bots on one account, or your paper bots under Paper. In the Terminal the bots are a table (Bot, Errors, Pos, Open P/L and Today) with each bot's positions under it, 15 at a time and up to 45 in a pane, and the search sits in the pane's toolbar.

Click a bot's name anywhere on the dashboard to open its sheet at the side of the page, without leaving it (Cmd-click or Ctrl-click opens the bot's page in a new tab instead): its state (Enabled, Pausing after its positions close or Paused), what it trades and how often, its account and its tags, its Open P/L and Today, a line of its total P/L at the end of each session over the last 3 months with the change across them (ending at its total now from the market's open until the session settles), its open positions and those closed today, each with its legs and their deltas, its stops, its warnings and Close position, and its last 5 lines of activity. At the bottom are Open bot page, Disable bot or Resume bot, and, while the bot can take a new position, Enter new position, which works as the lightning bolt in the list does. Paper bots keep no session history, so a paper bot's sheet has no line. With Hide dollars on, the sheet's dollar figures are hidden and the line turns gray.

Bot movers

The live bots that moved a session most, up to 10, largest first, each with the session's change, a line of its total P/L at the end of each of its last 90 sessions, and its change across them; a bot that moved less than a dollar is left out. From the market's open until the session settles in the evening, the session is today's so far (Largest moves so far on and its date), from your bots' open positions and the trades they closed today, refreshed every minute while the market is open, with each line ending at the bot's total now. Before the open, on a day the market is closed, and once the session settles, it is the latest settled session (Largest moves on and its date). For one account it ranks that account's bots; paper bots keep no session history, so under Paper it says so. With Hide dollars on, the dollar figures are hidden and the lines turn gray. In the Terminal the movers are a table (Bot, Session, the line and 90 sessions), and the line leaves a pane narrower than 400 pixels.

Execution quality

For each of your latest sessions with fills, newest first, seven to start and ten more each time you press Show 10 more (up to 30 sessions from the last four months): how many fills (Fills), their median spread capture (Capture, the share of the bid-ask spread captured: 50% is the mid, 100% the favorable edge), the median slippage against the mid per share (Slip vs mid: at or under zero is in your favor), and the session's worst fill (Worst), the one furthest over the mid, which opens its order. Above them, once there are two sessions to draw, Slippage vs mid by session draws each session's median slippage as a bar, oldest to newest: red rising from zero where you paid over the mid, green falling from it where you filled at or under it. Open execution quality (Execution in a Terminal pane's toolbar) opens your execution quality page; Execution Quality explains each figure.

With Hide dollars on, the slippage, the worst fill and the bars are hidden, and the capture stays. For one account it counts the fills of the bots on it now; paper fills are simulated and never measured, so under Paper it says so. Where execution quality is not open to your account yet, the module says so.

Session replay

Any recent session drawn as the Day tab drew it that day: your bots against SPX, Bots - SPX, the SPX beta weight and the SPX expected move, with the lines you keep on the Performance chart (click a line's name to hide or show it on both). Replay adds a line of its own, SPX actual move to close: how far SPX moved from each minute to the session's close, up or down, to read against the expected move from the same minute. Where it runs above the expected move, SPX moved further than options priced at that minute; below it, less. Like the expected move, it starts hidden. It opens on the session before the one the Day tab shows; the arrows step a session back or forward, and the list jumps to any. It reaches back about five weeks, and follows the account picker: the SPX beta weight line is drawn only for all live accounts, and Paper has no intraday history. Above the chart, a sentence sums up the session: where your bots and SPX ended, and your bots' low and high with their times. In the Terminal the arrows, the list and the line names sit in the pane's toolbar, and the chart fills the pane in place of the sentence.

Research and community

Backtests

Your backtests in flight and your latest results, with New backtest and All backtests at the top; each name opens its backtest. Under In flight, up to five runs: running ones first with their progress, then queued ones, oldest first, with a count of any more. Under Recent results, the last ten runs to finish, newest first, each with its underlying, CAGR, Max DD, MAR, Win % and when it Finished (the narrower the module, the fewer of these columns show; see Terminology). While a run is in flight, the module refreshes every 30 seconds.

If you have no bots and no broker connection, the module also lists what Needs attention (up to three runs stopped or failed in the last 7 days, or sent Back to Draft because your balance could not cover them), how many backtests finished since yesterday, and a link to your latest result, to create a bot from it on its page. With bots or a broker connection (paper included), the module is compact: what is in flight and your recent results, and on a phone only what is in flight. In the Terminal the results are a table, and the tab counts the runs in flight. If backtest data is unavailable for a moment, the module says so, and your account and bots are unaffected.

Community

What is new for you in the community, newest first, up to eight rows: what lights the purple dot beside Community in the menu (an announcement, a message in a channel whose bell you turned on or a reply in a discussion you watch, a mention, a direct message, a group invitation, or someone asking to join a group you run), the latest shares from the traders you follow (new until you next open your feed), and a shared bot you subscribe to that has a new version to review. Each row opens where the community would take you. A new row carries a purple dot, and so does the module's title while any row is new. Open community is at the top.

Under them, Shared by you: how many items you have shared, and your latest three, each with its kind, when you shared it, and its saves and likes. Then how many items and discussions are on your saved list, with links to your Saved list and the Library (see Sharing Your Work and Library and Saved).

The account picker never changes it. It refreshes every five minutes, and at once when a community notification reaches you. In the Terminal, its tab counts the new rows, and what you shared is a table of Kind, Shared, Saves and Likes. It is offered where the community is open to your account.

Get started

A First steps checklist, with how many of its five steps you have done: Verify your email, Run your first backtest, Create your first bot, Connect a broker or a paper account and Turn on trading. A step not done yet links to where you take it; for Turn on trading, use the trading switch at the top right (in the Menu on a phone). Below it are links to Docs & guides, the GEX dashboard and, where the community is open to your account, Community. If you have no bots and no backtests yet, the module also offers two ways in: Backtest a strategy or Automate with bots.

Once you have been a member for 30 days and three or more of the five steps are done, the module retires: it leaves the dashboard and Customize no longer offers it.

History

Since start, Drawdown, Monthly returns and Daily returns run from your Since date and count live accounts only. Since start is off until you show it from Customize, and so is Daily returns on Simple. If you have bots or a live brokerage account (not paper only), Monthly returns starts on Simple on a computer, and the Terminal starts with Drawdown and Monthly returns as tabs beside Performance and with Daily returns as a tab (see What the panes hold at first); otherwise they are off until you show them.

• Since start: eight figures: your bots' Return and P/L, your benchmark's return over the same span (labeled SPX, or the symbol you chose under Default benchmark symbol for reporting in Settings), Against SPX (or against your symbol: your return less the benchmark's), the Drawdown from peak and the Deepest drawdown, and the live Trades closed with their Win rate. Point at a label to read what it means. With Hide dollars on, the P/L is hidden.

• Drawdown: a chart of how far your bots' return sits below its highest point since the start, session by session. It compounds, so deposits and withdrawals do not move it. In the Terminal, the line at the top of the pane says where it stands now and its deepest point.

• Monthly returns: a grid of each month's return, a row a year, each month shaded green or red by its size; then each year's return (Bots) beside your benchmark's, the difference between the two (Diff) and the year's P/L, which Hide dollars hides. Its tab in the Terminal reads Monthly.

• Daily returns: one month at a time as a calendar: a row a week from Monday to Friday, each session's return shaded green or red by its size, with its P/L beneath it where there is room, which Hide dollars hides, and each week's return and P/L in the Week column. The sessions of the month before or after in the first and last weeks stand on gray and count toward their week, and today is outlined. The month's own return and P/L close the calendar, and the return matches the month's square in Monthly returns. The arrows step to the month before or after, and the list picks any month with a session. Its tab in the Terminal reads Daily.

They refresh at the market's set moments (the open, the close and as the day's figures settle) and when your Since date moves, not on a timer. With one account picked, each says Bots on this account now beside its dates (see Accounts). Under Paper, each says paper accounts have no balance history.

Accounts

The account picker at the top of the page is there when you have two live accounts, or a paper account beside a live one. It lists All live accounts first, then your active accounts by name, then Paper, then any inactive accounts under Inactive (an inactive account can still hold open positions), and you can type to find one. The page opens on All live accounts each time you visit, or on Paper if your only accounts are paper, when the top of the page says Paper in place of the picker. The page's address carries your choice, so a bookmark or a link opens on it; if the account in a link is not available to you, the page shows all your live accounts (or your paper accounts) and says so.

• All live accounts: every module covers every live account you have connected. Paper is left out.

• One account: every module that shows your accounts covers that account only, from the account figures to capital at risk, Bots now, bot movers, execution quality and the Accounts module. A position or an order counts on the account it was placed on, and a bot on the account it trades now. Week, month and year to date and the long views (the chart's Total tabs and the History modules) count the bots on it now, each with its whole history, as a bot report on that account does, and a day the account has no balance record of its own is left as a gap. Alerts still cover every account, so none is missed.

• Paper: your paper accounts alone, computed live: cash only, with no balance history, chart or beta weight.

The market clock, GEX, Backtests, Community and Get started belong to no account, so the picker never changes them.

The Accounts module has a row for each account the picker shows (every live account, the one account, or Paper's row), in the picker's order: its name, which opens the dashboard on that account, its value, its option buying power (OBP) with its share of the account's value in parentheses, and Today, its bot P/L for the session as a percent. Inactive accounts stay hidden until you choose Show inactive at the top of the module, which says how many there are, and are marked Inactive once shown. With Hide dollars on, the dollars are hidden and the percents stay. It refreshes every minute while the market is open, every five minutes otherwise, and at once when a position opens or closes. In the Terminal it is a table of Account, NLV, OBP and Today %. It is offered in Customize when you have two live accounts or more, inactive ones included.

The Terminal

The Terminal fits your dashboard on one screen. It needs a window at least 768 pixels wide; a narrower one, a phone's included, shows the phone layout. From top to bottom:

• The top of the page, then your alerts on one line (All clear when there are none). See Alerts.

• If you have bots or a brokerage account (paper included), your account strip: Bot P/L for the session, then your Desktop account tiles in one row that scrolls sideways. See Account.

• Six panes of tabs, in three columns of two.

• The status bar: the market tape (see Market clock), the market phase and countdown, and at the right the platform light, which reads Platform normal, or names an incident or the state of the bot engine, colored as the status page colors it. Point at the light to list each part of the platform with its state, or click it to open the status page.

Account and Market clock are part of this frame, so they are never tabs.

Panes and tabs

Each pane shows one module at a time, as a tab. Tabs use short names: Positions (Open positions), Orders (Working orders), At risk (Capital at risk), Movers (Bot movers), Replay (Session replay), Activity (Recent activity), Execution (Execution quality), Monthly (Monthly returns) and Daily (Daily returns); the rest keep their names. Tabs that do not fit scroll sideways with the arrows at either end of the pane's tabs, or with your mouse wheel.

A tab can carry a count, never a dollar figure: your open positions (yellow while one needs attention), working orders (yellow while one is not confirmed), errors you have not acknowledged (red), the bots in Bots now that need you (yellow), backtests in flight, and what is new in Community (purple).

A pane opens on the tab you last chose there. Until you choose one, it opens on its first tab, except that while you hold no open position in any account (paper included), a pane that holds Sessions, GEX or Accounts opens on it, unless Daily returns is that pane's first tab.

Lists in a pane stop sooner than on Simple: 50 open positions (100 on Simple), 50 Bots now rows (100 on Simple) and 45 bots, 15 at a time (25 at a time on Simple). Working orders and Recent activity stop at 50 on both. All positions in the Positions tab opens your positions page for the rest, and your Bots page lists every bot.

What the panes hold at first

The Terminal has two built-in arrangements. Performance focus, where everyone starts, puts your bots in the left column and the performance chart over your positions in the wide center column. Position focus puts the wide column first, with your positions over the chart, and your bots in the middle. The right column is the same in both. Panes are numbered 1 to 6: the left column's top and bottom, then the center column's, then the right column's.

In the trading layouts (see Your starting layout):

Backtests is there only if you have queued a backtest in the last 30 days, Accounts only with two live accounts or more, and Community only where the community is open to you.

• Paper only: Performance focus holds Bots and Bots now (pane 1), GEX, Backtests and Community (pane 2), Sessions (pane 3), Positions and Orders (pane 4), Activity (pane 5) and At risk (pane 6). Position focus moves Positions and Orders to pane 1, Sessions to pane 2, Bots and Bots now to pane 3, and GEX, Backtests and Community to pane 4.

• Research (backtests, but no bots or brokerage account): GEX, Backtests, Get started, Community and Bots now. The pane holding Bots now starts collapsed, and so does one empty pane, ready to fill from its +.

Any module not in a pane waits in the + list under Not shown, Since start among them.

Arrange the panes

• Drag a tab along its pane's tabs to reorder it, or onto another pane's tabs to move it there, where it opens.

• The + after a pane's last tab (Add a module, faint until you point at the pane's header) opens a dialog for that pane. Not shown lists the modules in no pane, each with Add; In another pane lists the rest with their pane's number, each with Move here. The module you choose joins the end of the pane's tabs and opens.

• The x on a tab (it shows when you point at the tab) asks before the module leaves the pane: Remove sends it to no pane, and Keep it leaves it. The + brings it back later.

• A pane holds one to eight modules, so its last tab has no x, and a pane holding eight has no +.

On a touch screen the + and the x always show. Every change is kept at once. A change made while a built-in arrangement is shown starts an arrangement of your own, so the built-ins keep their defaults (see Your own arrangements).

Resize, collapse and maximize

• Resize: drag the dividers between the columns, and between the two panes of a column. Double-click a divider to put it back where it started.

• Collapse: the chevron at the right of a pane's header hides the pane's body and keeps its tabs; click any of its tabs to open it again. One pane of each column stays open, and the pane that holds your positions at first never collapses (pane 4 in Performance focus, pane 1 in Position focus).

• Maximize: the button beside the chevron, or a double-click on an empty part of the pane's header, fills the Terminal with that pane. Press it again, or Escape, to bring the others back. Maximize is not kept.

Your open tabs, sizes and collapsed panes are kept as you go, the sizes and collapsed panes separately for each width of screen, so a wide monitor and a laptop each keep their own. In a narrower window the right column wraps under the other two as a band, its two panes side by side (they do not collapse there). Narrower still, every pane stacks in one column with no dividers, and the page scrolls; Performance focus then starts with pane 2 collapsed, so your positions come up the page.

Your own arrangements

In Customize, under Layout, Terminal layout chooses what the Terminal shows: Performance focus or Position focus under Built in, or one of your own under Yours. It takes effect at once, without Save.

• Choosing a built-in brings back its defaults: its tabs, sizes and collapsed panes start again. To reset the built-in you are on, choose another, then it again.

• Add saves the Terminal as it is now under a name (up to 40 characters, and not one of yours already) and shows it.

• Moving, adding or removing a tab while a built-in is shown starts one of your own, named Custom 1 (then Custom 2, and so on), so the built-ins keep their defaults.

• Your own arrangement comes back as you left it, sizes and collapsed panes included, and changes to it are kept as you go.

• Rename and Delete act on your own arrangement while it is shown. Delete asks once more, then the Terminal shows the built-in it was made from, with that built-in's defaults.

• You can keep six of your own. With six, Add is unavailable, and a tab change on a built-in is refused until you delete one.

Focus mode

Focus mode, the sidebar button at the top of the page, hides the menu sidebar on the dashboard, in either layout, to give the modules more room. In focus mode, point at the left edge of the window to bring the sidebar out over the page; it goes again when you move away. Each browser keeps its own setting. Simple starts with the sidebar showing; a browser whose first Whispertrades page is the Terminal, in a window under 1,280 pixels wide, starts in focus mode.

Customize

Customize at the top of the page opens Customize dashboard:

• Layout (on a computer or tablet, if you can use the Terminal): the Terminal and Simple switch, which takes effect at once. While the Terminal is your layout, Terminal layout chooses its arrangement, with Add, Rename and Delete (see Your own arrangements). The Terminal's panes themselves are arranged in the Terminal.

• Modules for simple layout (Modules if you have Simple only): two lists, Simple (Desktop if you have Simple only) and Phone, each with every module you can use, shown or not. Tick a module to show it there. Set the order with the up and down arrows on its row, or drag the row by its handle (or focus the handle and use the up and down arrow keys). A move in one list leaves the other as it is.

• Right panel: one module kept at the right of Simple, beside the cards rather than among them, or None. On a wide screen (1,536 pixels and up) it is a column with its own scroll, which stays in view while the cards scroll. On a narrower screen or a phone it opens over the cards from the arrow at the top right of the page, which stays put as the page scrolls; Escape or a click outside closes it. Its X closes either. The arrow turns red while the panel holds Recent activity and there are errors to review. The panel draws the module as a phone's card does, on a computer too. The module shows in the panel and nowhere else, so its row in both lists is marked Right panel. On a phone the panel works under either layout; on a computer the Terminal keeps the module in its panes instead. Whether the column is open is remembered in each browser.

• Account tiles: two lists, Desktop and Phone, of every tile, Bot P/L today among them. Tick a tile to show it where its row stands, and set the order with the arrows or the handle, as for modules. The Terminal's account strip uses the Desktop list. See Bot P/L today.

• Market tape: up to ten symbols (Symbol 1 to Symbol 10), each shown by its move today, in this order. Leave every slot at None for SPX, VIX and the symbols your bots trade.

• Privacy: Hide dollars, as at the top of the page. It takes effect at once, without Save.

Nothing in the module lists, the right panel, the account tiles or the market tape is kept until you Save. Reset to default asks once more (Every module and tile goes back to its default., with Keep mine and Reset), then at once puts back, as your starting layout has them, Simple's and the phone's modules and their order, the right panel, the account tiles, the market tape and any card you expanded or collapsed. It leaves your layout, the Terminal and your own arrangements, the chart's tab and lines, the activity Level and the table columns as they are.

Elsewhere on the page, these are kept as you make them, with no Save: the layout switch, a card's Expand or Collapse, the chart's tab and lines, the activity Level, the table columns and sort, Since, and the Terminal's tabs, sizes and collapsed panes. A search lasts only for the visit.

Keyboard

• ⌘K (Ctrl+K on Windows) opens the command palette, which lists the modules on the page under This Page; choose one to jump to it. In the Terminal each is listed with its pane ("in pane 3"), and choosing one opens its tab, expanding its pane if collapsed and leaving a maximized pane.

• On a Terminal pane's tabs, the left and right arrows, Home and End move along the tabs, and Enter or Space opens one. Shift with the left or right arrow moves the tab, and Delete or Backspace asks to remove it.

• On a Terminal divider, the arrow keys move it (with Shift, in bigger steps), Home and End take it to either end, and Enter collapses or restores the pane below it. Escape brings back the panes around a maximized one.

• In Customize, focus a module's or a tile's handle and use the up and down arrows to move it.