Cockpit — the operator's view

The screen you watch when a model has your money.

This is the Sovereign cockpit, rebuilt here from the real interface — same palette, same layout, same interactions. It is the surface an operator checks in five seconds to answer one question: is anything about to hurt me? The figures are representative, not the live book; the live number is on the front page.

It works. Switch views in the sidebar. Hover a dot on the graph to see the trade it marks. Open a metric to see how it was derived. Expand a position. Then go to Controls and try to arm the one sleeve still covered — that takes two deliberate actions, and finding that out by doing it is the point.

Sovereign · LIVE Markets 3 open Sovereign awake · 12 min ago Fleet healthy Demo data

Cockpit · Home

Home

SOVEREIGN ?

• SOVEREIGN ARMED · real $

9 wins · 4 losses · 69%+$5,024.42+$2,623.13 unrealized

RealizedRealized + unrealizedClosed tradeday 11?

Wins vs losses 9 – 4 · 69% trades closed since the reset: a win made money after fees, a loss lost it · reconciled against the venues' own records

Unrealized P&L +$2,623.13 vs cost (positions table): +$2,623.13 · the gap between the graph's two lines

Open positions

9 · live venue read · tap a row

Symbol	Qty	Avg entryTied up	Mark	Value	TargetStop · room	Unrealized $ (%)	Act
STOCKS & ETFS · brokerage
› STNG	180	$79.42$14,295.60	$84.10	$15,138.00	$92.00$76.50 · 9.0%	+$842.40+5.9%	Sell
Software stop at $76.50 — watched by Sovereign itself, so it protects while Sovereign is running. Risk to the stop is $1,368.00. Exiting now costs about $0.00 in commission; the round trip is not what makes this position green.
› XLV	48	$171.43$8,228.64	$176.20	$8,457.60	$184.00$166.50 · 5.5%	+$228.96+2.8%	Sell
Sized by risk to the stop, not by round lots: 48 shares put $465.60 behind this ticker, 0.5% of the book. The stop was trailed 161.00 → 166.50 after the first leg up.
› CRK	510	$15.55$7,930.50	$15.34	$7,823.40	$17.20$14.20 · 7.4%	−$107.10−1.4%	Sell
Red is shown as red. A cockpit that rounds toward good news teaches its operator to stop reading it. Risk to the stop is $581.40; the plan's target is $17.20, 12.1% above the mark.
INCOME · income account
› CLM	1,420	$7.11$10,096.20	$7.23	$10,266.60	—no stop · income hold	+$170.40+1.7%	Sell
An income holding, unstopped by the owner's order: the distribution reinvests monthly at the lower of NAV and the five-day average price, which is the point of holding it. "No stop" is stated on the row, not hidden — an unprotected position must be visibly unprotected.
› CRF	380	$6.80$2,584.00	$6.88	$2,614.40	—no stop · income hold	+$30.40+1.2%	Sell
The second income holding. Its distributions are measured from the venue's own transaction record, never derived from a rate — the Distributions card below says what actually arrived.
CRYPTO · spot
› BTC	0.085	$78,980.35$6,713.33	$81,240.00	$6,905.40	$86,000.00$76,000.00 · 6.5%	+$192.07+2.9%	Sell
Spot, no leverage. The stop is software here too: the venue holds no order, Sovereign fires the sell. Risk to the stop is $445.40. Exiting now costs about $41.43 in taker fee.
FUTURES · exchange-traded
› CRUDE-21NOV26 controls $56,064.00	60	$91.72incl. fee · $6,595.50 margin	$93.44	$6,595.50margin	$97.50$89.80 · 3.9%	+$1,032.00+15.6%	Sell
Sixty nano crude contracts controlling $56,064.00 of oil on $6,595.50 of margin. The stop rests at the exchange — here and on the event-perps sleeve, the two venues where it does — and was trailed 86.30 → 89.80, which cut the risk to the stop from $4,284 to $2,184 without touching the position. Entry includes the fee, because an entry that excludes its own cost is a number that flatters itself.
PREDICTION BETS · event exchange
› APPROVAL-26OCT24-E40 YES · approval above 40%	1,800Sovi 74%	62¢$1,116.00 · edge +9 pts	71¢	$1,278.00max $1,800.00	—settles Oct 24	+$162.00+14.5%	Sell
A defined-risk event contract: the most it can lose is what it cost, $1,116.00, and the most it can make is $684.00 more. Under the quantity is Sovereign's own chance for the side held, as recorded on the fill, not a live figure; the edge after fees is the calibrated edge from the same moment — that chance shrunk toward the market by the trust its settled record has earned, which is why it is smaller than the raw gap.
› CPIYOY-26OCT-T3.2 NO · CPI year over year above 3.2%	900Sovi 68%	44¢$396.00 · edge +6 pts	52¢	$468.00max $900.00	—settles Nov 12	+$72.00+18.2%	Sell
Bought as a resting maker bid, so no taker fee was paid to get in. A win is counted when the market settles, not when the price moves, and its dot lands on the graph at the read that first saw the payout.

Open value $59,546.90 across every venue · flattening every position would cost about $148.20 in fees. Exposure controlled $109,015.40 — 1.09× NAV.

Money in, by venue ?

$92,500.00 in · $100,147.55 now · +$7,647.55 P&L

Stocks $45,000.00 in P&L +$3,912.40 (8.7%) $48,912.40 now · live read

Crypto $30,000.00 in P&L +$2,206.15 (7.4%) $32,206.15 now · spot + futures

Income $12,500.00 in P&L +$381.00 (3.0%) $12,881.00 now · income account

Events $5,000.00 in P&L +$1,148.00 (23.0%) $6,148.00 now · events + perps

Distributions $186.40 /mo est $186.40 received · Sep 30 · ~$2,236.80/yr est · 17.6% on cost · CLM 1420sh, CRF 380sh

All in, since the gun +$7,498.30 trading +$7,647.55 less $149.25 of transfer fees that funded it · the return on money put in leaves those fees out by design; this line puts them back

Safety controls Nothing here reaches a venue

Every switch that can put real money at risk sits under a hinged cover. Tap the cover to lift it, then tap the switch behind it. Two deliberate actions, never one — the cover exists so that no single mis-tap can arm real capital. The lid falls shut again after every throw, and a lifted cover you do not throw re-locks on its own. On the real cockpit each arm also asks for the PIN again. The switches here match the book on Home: the venues it holds positions on are armed; the perps sleeve is still covered.

Try it: lift the event-perps cover and throw it, then throw it back. Or lift HALT.

HALT covered

Tap to open

NOT HALTED — ENTRIES ALLOWED

Auto-trade armed

Tap to open

AUTO ON — HUNTING

SOVEREIGN → LIVE armed

Tap to open

ARMED — SOVEREIGN LIVE

Futures → LIVE armed

Tap to open

ARMED — LEVERED, REAL $

Crypto spot → LIVE armed

Tap to open

ARMED — SPOT, REAL $

Income account → LIVE armed

Tap to open

ARMED — CASHFLOW, REAL $

Event contracts → LIVE armed

Tap to open

ARMED — EVENTS, REAL $

Event perps → LIVE covered

Tap to open

OFF — PERPS COVERED

Posture

Read-only · derived, not typed

Per-position backstop

−35%

Futures stop

Required

Naked shorts

Blocked

Cover state

6 armed · 2 off

The backstop needs a successful account read to fire. If the account becomes unreadable, the cockpit says so in words rather than showing a stale number that looks healthy — an inert safety net that appears armed is worse than a missing one. HALT blocks every new entry and closes nothing: exits, stops and forced closes keep working.

The forensic trail Since the reset

Every closed trade, and every trade the system declined, is written down with its reason and its horizon, so a decision to sit out can be graded later against what actually happened. A system that only logs its trades cannot be told apart from a system that got lucky.

Closed trades

13 · the dots on the Home graph

Trade	Closed	Net after fees	Result
APPROVAL-26OCT17-E38.7 Events	Oct 17 · 10:31 AM ET	+$1,862.87	win
ETH Crypto spot	Oct 16 · 10:20 AM ET	-$452.20	loss
STNG Stocks	Oct 15 · 4:40 PM ET	+$310.00	win
FEDDECISION-26OCT-C25 Events	Oct 15 · 1:00 PM ET	+$645.40	win
GRAB Stocks	Oct 14 · 11:30 AM ET	-$127.30	loss
CRUDE-21OCT26 Futures	Oct 13 · 4:55 PM ET	+$868.00	win
XLV Stocks	Oct 13 · 12:45 PM ET	+$522.10	win
SOL Crypto spot	Oct 12 · 10:15 AM ET	-$340.75	loss
CPIYOY-26OCT-T2.9 Events	Oct 9 · 2:30 PM ET	+$96.20	win
CRUDE-21OCT26 Futures	Oct 9 · 4:20 PM ET	+$1,140.00	win
CRK Stocks	Oct 9 · 11:05 AM ET	-$198.40	loss
XLE Stocks	Oct 8 · 3:10 PM ET	+$286.00	win
STNG Stocks	Oct 8 · 10:40 AM ET	+$412.50	win

What it refused

Last 24h · tap a row

Candidate	Move	Refused by	Resolves	Graded
› DOT Crypto · fade	+14.0%	No catalyst	1 / 3 / 5 days	Pending
A 14% move with no identifiable event behind it fails the catalyst rule. The refusal is filed to be scored at one, three and five trading days against the price on the day it was declined, net of the venue's toll — including the case where declining was wrong.
› ETH Crypto · long	+0.4%	Dead mid	1 / 3 / 5 days	Pending
Spread too wide relative to the expected move — the position would start meaningfully behind. Declining to pay the spread is a decision, and it is logged like one.
› GASPRICE-26OCT-T3.20 Events · YES	edge +0.4 pt	Edge too thin after costs	Oct 31	Pending
Sovereign's own chance was 61% against a 58¢ ask. After fees, and the haircut its settled record has earned so far, less than a point of edge remained — not enough to pay for being wrong. The bar for a bet does not move with a mood.
› ZEC Crypto · momentum	+22.0%	No catalyst	1 / 3 / 5 days	Wrong −
Graded and scored against itself: the move continued after the refusal, so this decline is recorded as a miss. Kept visible on purpose. A refusal ledger that quietly drops its bad calls is just a highlight reel.

What you are looking at

Orange means real money, and nothing else does. Paper trading is amber, the interactive accent is blue, and red is reserved for loss and danger. An accent in the red family would make "this control is available" and "you are losing money" the same colour, so the palette rules that out at the token level.

Arming takes two actions, not one. Lift the cover, then throw the switch. The covers are not theatre: they are there because the failure mode for an autonomous trading system is a single careless tap, and a control that can be armed by accident will eventually be armed by accident.

On the real cockpit the line is recorded, never redrawn. There, every point is written down as the book is read; the solid line steps only when money was actually made or lost, and a trade's dot sits on the read that first saw it close. Nothing is smoothed, interpolated or reconstructed after the fact. The series on this page is representative, drawn the same way.

Every number carries the sentence that explains it. The prose inside each tile is not a tooltip — it is the reason the figure can be checked rather than trusted. Open one and it tells you how it was derived and what would make it wrong.

It withholds rather than guesses. A venue that did not answer prints a dash and its reason, never a fresh-looking zero; a total that is short by an unread account is not shown at all. On a money surface, a number that invents itself is worse than one that admits it is blind.

The refusals are the product. Drill-down is not an error log. It is the record of every trade the system chose not to make, with its reason and its grade — including the ones where declining turned out to be wrong.

Private network, behind a PIN. The real cockpit reaches its operator on their own tailnet behind a PIN, and arming real money asks for it again. It is not on the public internet, and this page is a rebuild rather than a window into it.

The screen you watch when a model has your money.

SOVEREIGN ?

Open positions

Money in, by venue ?

Posture

Closed trades

What it refused

What you are looking at

Where the real one lives