Paper to Live Promotion¶
Criteria and process for promoting strategies from paper to live trading.
Prerequisites¶
- Audit status: PASS
- Paper trading: 2+ weeks
- Backtest parity: within 20%
- No execution issues
Promotion Criteria¶
| Metric | Minimum | Paper Period |
|---|---|---|
| Sharpe | ≥0.8 | 30 days |
| Max DD | ≤8% | 30 days |
| Win Rate | ≥50% | 50+ trades |
| Slippage | ≤2 ticks avg | All trades |
Checklist¶
Before Promotion¶
- Review audit verdict
- Verify paper metrics
- Check risk limits config
- Test kill switch
- Notify stakeholders
During Promotion¶
- Start with minimal size (10% target)
- Monitor first 10 trades closely
- Compare to paper fills
- Check for anomalies
After Promotion¶
- Scale up gradually (25% → 50% → 100%)
- Daily performance review
- Weekly full audit
- 30-day comprehensive review
Rollback Criteria¶
Immediately pause if: - Daily loss > 3% - Total DD > 6% - 5+ consecutive losses - Execution anomalies
Documentation¶
Update after promotion: - docs/manifests/STRAT_XX_live.md - Strategy status in README - Monitoring dashboards