Volatility

You are a PnL number on a Bloomberg-style terminal. Nothing more. No character model. No portrait. No backstory beyond a single line delivered once and never revisited. You did something that put you deep in personal debt to a wealthy creditor, and that person now has you trading their money — as a test, and as leverage. There is no crime storyline, no moral-choice system, no insider-trading mechanic. The debt is a number. The number has a rate. The rate climbs if you don't pay. You trade your way out, or you don't.The Loop - Review your desk. Each day surfaces a shortlist of names with real evidence behind them — a valuation signal, a screen hit, a model result, news that just landed. - Read. Financial statements, 10-K style filings, analyst notes, earnings-call transcripts, channel-check data, a live procedural news feed. Nothing is hidden from you. Plenty is missable. - Build a thesis. Run a quick weighted-factor model, underwrite a real DCF, save a screen, regress two assets against each other. - Trade it. Market, limit, stop, or a full conditional entry/target/stop package — across whichever instrument actually expresses the view. - Advance the day. Watch the market tick live, or fast-forward through it. News lands. Positions mark. Interest accrues. Margin gets called. - Live with it. There is no hidden "true value" you are being graded against. The only scoreboard is your PnL. A Market That Actually Behaves Like One Every run seeds a fresh universe. Nothing is scripted or hand-placed. - Generated companies with real financials — income statement, balance sheet and cash flow, evolving quarter over quarter into real filings. Some bury a genuine accounting tell: receivables outrunning revenue, margins that never convert to cash, buybacks funded by debt. - Persistent management behavior — every team has a seeded archetype. Some sandbag guidance every quarter. Some overpromise and miss. Track them across quarters and you earn a real read. - A sparse, explainable causal graph — shocks travel through real paths. A refinery outage reaches airlines, logistics and chemicals, and never touches an unrelated sector just because the math said so. - News as shock propagation, not exposition — headlines name an origin and deliberately never spell out who is exposed downstream. Noticing first is the deepest legitimate edge in the game. - A real macro layer — a policy rate steered on its own meeting cadence, an inflation print, a dollar index, and a full yield curve that genuinely inverts and normalizes. - Market regimes — bull, normal, correction, bear, crisis, each with its own volatility and spread character. A crisis widens spreads exactly when it hurts most. The design promise underneath all of it: the market must be learnable, not random.The Full Desk, From Day One No unlocks. Equities, ETFs and indices, a full options chain, cash-settled futures, corporate bonds with real duration and credit ratings, FX pairs, vanilla swaps, and reputation-gated bespoke OTC structures — all available on your first trading day. Complexity is managed the way real markets manage it: margin requirements, broker pricing width and liquidity. Not level gates.Risk Discipline Is the Real Edge - Reputation-gated leverage that scales with your track record — and hurts proportionally more when you are wrong above the base cap. - Real margin calls. Cross the line and new risk is refused. Cross further and the desk force-sells your book at market. - Leverage you draw on purpose — an explicit institutional credit line financed daily at a real rate, never an accident you fell into. - Short borrow costs that price crowded, squeezing shorts honestly. - Optional self-imposed risk limits — Conservative, Standard, Aggressive, your own numbers, or none at all. A player with mediocre ideas and real sizing discipline should outlast a player with great ideas and reckless size.Three Acts. No Single Ending. - Act 1 — Indentured. Run a desk allocation while carrying personal debt. Miss payments and the rate escalates toward force-liquidation. - Act 2 — Independent. Your own book, your own AUM, real redemption pressure. Trust rebuilds slower than it is lost. - Act 3 — The Firm. A real shop, and the redemption math that comes with it. Five parallel win conditions — personal net worth, AUM milestones, risk-managed consistency, cycles survived. Retire on your terms with a full victory report, or get wiped out and read exactly what happened and why. Neither ending is a silent game-over. New Game+ raises the debt ladder each time you come back.The Terminal A single configurable terminal: independently draggable, resizable panels bound to one function each, arranged into named workspace layouts you swap between like a real desk user. No popups. Ever. Nothing steals focus. If something is urgent it appears on the persistent, always-visible Notification Tape — margin calls, redemption notices, loan deadlines, broker chat, earnings alerts — and nowhere else. You can miss something because you were looking at the wrong panel. You can never miss something because the game hid it from you.The Alpha Leaderboard Fifteen AI-run rival funds plus your own book, ranked by risk-adjusted return rather than raw PnL — so a fund that levered into one lucky name does not outrank one that ground it out. Each rival runs a genuine, distinct strategy, from momentum chasers to deep-value waiters to a fund built entirely out of spite for another fund's model.How You Want To Play - Career — the full arc, debt and all. - Chill — start independent. No loan, no deadline. Just the market. - Custom — seed, market size, volatility, starting capital, risk preset. - Ironman — one save slot, continuously overwritten. No reloading your way out of variance. - Weekly Challenge — everyone gets the identical seeded world, deterministic down to the byte.