Track: watch real traders, practice on paper

Track shows what real traders are doing in crypto, stocks and commodities, read from public records. This guide shows how to read it, follow traders, ask Toro, the AI coach, about a trade, and practice one you see. Anything you do from Track uses paper money, practice cash, never real money.

What is Track?

Track lists real traders' open positions and fills.

Easy to mix up: a position and a fill. A position is what a trader holds now. A fill is an order that went through, at the price it got.

Those trades are perps, short for perpetual contracts. A perp follows a price and never expires. Most are held with leverage: a position bigger than the cash behind it. On Stocks and Commodities, the positions are perps on those prices, not the stock or the commodity itself.

Say a trader puts up $1,000 of margin, the cash behind the trade, at 10x. That carries a $10,000 position, so a 1 percent move gains or loses $100, a tenth of the margin.

Every perps trader listed passed eight checks on their own record. They include being in profit, trading under 100 times a day and having 90 days of history or 20 trades. Each has a Score of 60 or more out of 100.

Track also lists company insiders, such as executives and directors, trading their own company's stock. These trades come from SEC Form 4, a public filing with the US securities regulator.

On a free account, Positions and Fills show rows from at least 15 minutes ago, and newer rows show blurred. Traders, Movers and Insiders show in full. Elite, the paid membership, shows every row live.

Reading a trade is not a reason to make it. A row shows what someone did, never why, and never what comes next. Their size, leverage and entry (the price they got in at) are theirs, not yours. A move you watch and skip costs you nothing, as Trading psychology: missed moves, tilt and revenge explains.

How do you read Track on a computer?

1. Click Trade in the sidebar, then Track in the strip at the top.
2. Pick a market: Crypto, Stocks or Commodities.
3. Pick a tab: Positions, Fills, Traders, Movers, Insiders, Favorites or Alerts.

Positions shows each holding's side and leverage, size, entry, mark and P&L. Mark is the price it is valued at now, and P&L the profit or loss so far. A long gains if the price rises, a short if it falls. Liq. price is where the position would close by force, losing the margin.

Fills shows trades of $1,000 or more as they happen, such as Open long or Close short.

Traders lists the traders by Score, a 0 to 100 read of their own record. In the app's words, it "describes the past, not the future."

Movers shows the markets moving most over 24 hours and how many tracked traders are long and short on each. Funding there is the hourly rate one side pays the other. Click a row to see the positions on that coin.

Insiders shows who bought or sold, how much, and when they traded and filed. A Form 4 is due within two business days of the trade, and some arrive later. Each row's Filing link opens the original form. Checking the original record, not a retelling, is the habit A repost and the statement behind it builds.

Most tabs have filters, such as Side, Size, Leverage, Time and Style. A Whale badge marks a trader with $10 million or more in the account, or one position worth $5 million or more.

The Plain words switch, on at first, adds a line under each row saying what the trade means, built only from that row's figures.

What opens when you click a trade?

Click a row on Positions, Fills, Traders or Insiders to open its trade card on the right. It holds:

• Ask Toro about this trade: Toro says what the trade might mean. The first time, a line says it sends this trade's public data and your question to Anthropic, whose Claude runs Toro.
• Practice this trade, on open trades only: opens the paper perps page on that coin with a matching order, explained below.
• Show on my chart: opens that coin's paper perps chart with their trade drawn on it.
• Full history: opens the trader's page, with Why this trader is on Track.
• Why it might matter: up to two lines, such as "Longs pay funding every hour right now, so holding costs money."

Under every Toro answer sits: "Toro's read of public trades. An interpretation, not the trader's own words, and not advice." The first answer and each follow-up use one of your Toro questions for the month, 10 on a free account.

Practice this trade fills in their side and their leverage, at 10x at most, with $100 of paper margin. It all lands in the ticket, the box where you set up an order, and you can change any of it there.

Say a trader is long at 25x. Practice fills in a long at 10x with $100 of margin: a $1,000 paper position.

A stop loss and a take profit are orders that close a trade at a set price, against you or in your favor. If the trader has either waiting, Practice copies its price into the ticket, switched off until you turn it on. If they have neither, the stop loss and take profit boxes open empty so you set your own.

A line above the button gives their entry, says you enter at the market price now, and ends: "Paper money. Check the size before you place." The first click readies the button, and the second places it.

How do you use Track on a phone?

1. Tap Trade, then Track, the last tab.
2. Pick what to watch: Memecoins (coins that run on attention), Perps, Stocks or Commodities. Perps on a phone is the computer's Crypto.
3. On Memecoins, pick Activity or Multi buys. Activity shows every buy, sell and thesis from the tracked wallets, the crypto accounts Track follows. A thesis is a short public post where a wallet's owner makes the case for a coin. Multi buys shows coins that 3 or more tracked wallets bought inside 5 minutes.
4. Tap Change on the copy bar at the bottom and pick a copy size, the paper cash each copy puts in. It starts at $100.
5. Tap the bolt on a buy. Trenches buys the same coin with paper cash, at your copy size and the price right now. Tap the copy bar to see Your copies.

On Memecoins, a Whale tag means something else: one trade of $10,000 or more.

On a free account, Activity runs 15 minutes behind, and Multi buys shows the coins but not which wallets bought them. A copy buys once and does not follow the trader's later moves.

Perps, Stocks and Commodities have the computer's Positions, Fills, Traders and Movers, with Insiders under Stocks. Each position and each Open long or Open short fill carries Ask coach and a bolt.

That bolt opens a paper perp at once, with your copy size as the margin. A position's copy takes the trader's leverage, up to the paper market's limit. Unlike Practice on a computer, it has no 10x cap. A fill's copy takes 1x.

Say a trader is long at 20x and your copy size is $100. One tap opens a $2,000 paper position, so read the leverage before you tap.

How do you follow a trader?

On a computer, the star on a row, a card or a trader page adds that trader to Favorites. It is free with an account and holds up to 50.

Favorites shows what each starred trader holds now, and Alerts lists their moves, newest first.

Once you star someone, a bell sits at the top of every page. A dot means an alert is waiting, and a click opens Alerts. On a free account, wallet alerts arrive 15 minutes late.

On a phone, Follow saves a memecoin wallet on that phone only, and Track's Alerts button chooses which moves send you an alert.