Tutorial - PaperLab

Step 1: Take Your Trades

First, go ahead and make your trades on your preferred platform (like Jupiter, Raydium, etc.). PaperLab doesn't connect to your wallet; it analyzes the results you provide.

Step 2: Record Your PNL (%)

After each trade, note down the percentage gain or loss. This is the most important piece of data for PaperLab.

Crucial: Use the percentage PNL of the trade itself (e.g., +50%, -20%), not the change in your overall portfolio balance. Use the percentage *before* accounting for fees - PaperLab will handle fee calculations based on your settings.

Step 3: Input Your Trades (Choose One Method)

You have two main ways to get your trade percentages into PaperLab:

Method A: Quick Upload (.txt File)

This is the fastest way if you just want a quick analysis.

Create a plain text file (e.g., using Notepad) on your computer.
Enter each trade's percentage PNL on a new line. Use a minus sign (-) for losses. The plus sign (+) for gains is optional. The % symbol is also optional but recommended for clarity when importing later.

Example `trades.txt` format:

150.5%
-30%
25
-100%
85.2%

Go to the PaperLab Dashboard.
Click the "Quick Upload (.txt)" button.

Select the `.txt` file you created.
Your data will be loaded and analyzed instantly!

Method B: Manual Entry / Sessions

Use this method if you want to save different sets of trades (like different strategies or tokens) or prefer entering trades manually.

Go to the PaperLab Dashboard.
Click the "Manual Entry" button. This takes you to the Sessions page.

On the Sessions page, click "Create New Session".

Give your session a name (e.g., "My WIF Plays", "Low Float Strategy") and optionally a description. Click "Save Session".
You'll see your new session card. Click the "Edit" button on that card.

You are now on the Edit Session page. Click "Add Trade" to manually enter the percentage PNL for each trade.

Edit Session Add Trade Button and Inputs

Alternatively, if you have a `.txt` file formatted as described in Method A *specifically for this session*, you can click "Import Trades" here.
Once your trades are entered/imported for the session, click "Back to Sessions", then click the "Analyze" button on your session card.

This will load the session's trades into the main dashboard for analysis.

Step 4: Set Your Parameters

On the main Dashboard, adjust the settings in the top bar:

Start Balance (SOL): How much SOL you hypothetically started with.
Risk/Trade (SOL): How much SOL you risked on *each individual trade* (used to calculate PNL from your %).
Priority Fee (SOL): The typical priority fee you paid per trade.
Bribe (SOL): Any extra bribe/tip you typically paid per trade.

These settings are saved locally in your browser. Click "Recalculate" if you change them after loading data.

Step 5: Analyze Your Results!

The dashboard automatically calculates and displays:

Your overall PNL graph.
Account summary (starting/final balance, total PNL in SOL and USD).
Performance metrics like PNL distribution (how many big wins vs. small losses).
A detailed history of each calculated trade.

That's It!

Experiment with different settings and analyze different trade sets using sessions. Remember, this tool is completely free and runs entirely in your browser.

Go to Dashboard

How to Use PaperLab