Research
Trading Labs
Paper-first market research: thesis, risk, review. Not a brokerage.
PAPER RESEARCH Paper-first research. Not live trading.
- RESEARCH
- THESIS
- PAPER TEST
- REVIEW
An internal research desk of TheCriners LLC.

Paper-first research · not live trading
Two desks
$2+ strategy desk, and an OTC / penny lab.
Trading Labs is a research department, not a brokerage. It does not publish live quotes, positions, or P&L. Yahoo Finance and OTC Markets terms forbid redistributing their market data without consent. The public page describes the capability. The quote tape lives in Admin.
$2+ strategy desk
Listed names. SMA is one experiment.
The $2+ desk studies listed securities a small paper account could actually clip. A new moving-average cross is a setup, not a fill. Fast-above without a new cross is no-trade. Simulated results are not company revenue.
OTC / penny lab
Bid, ask, spread, and liquidity — not a last-print lottery.
The penny lab is a separate book. It studies .000x, .00x, under $0.10, and under $1 names. A 0.0001 to 0.0002 print is not a 100% gain unless both sides of a small clip could reasonably fill. If the feed has no reliable bid/ask, the desk shows no reliable quote rather than inventing one.
Internal paper probes use spread, size, volume, and restrictions. SMA statistics from the $2+ desk do not mix in.