TRADERLOBBY GUIDE

TraderLobby vocabulary

Understand the words used across modes, strategies, capital, orders, positions, evidence, reports, and customer controls.

Trading software becomes harder to use when several familiar words mean slightly different things. This reference gives TraderLobby terms one stable, plain-language meaning so you can read a card, warning, report, or confirmation without guessing.

Page type: Reference · For: Every TraderLobby customer · Reading time: 15–18 minutes · Previous: App tour

The vocabulary follows the life of an activity

Many terms describe a stage, not the same object with a different name. A strategy can consider a candidate without creating an order. An order can be rejected without creating a fill. A fill can open or reduce a position. Reports summarize records after those events.

Lifecycle from market context through strategy, candidate, order, fill, position, exit, and records — Each arrow means “may lead to,” not “will always become.” Paper simulates order and fill stages; for eligible Live activity, the exchange makes the final execution decision.

Stage	Question it answers	Where you see it
Market context	What prices and conditions are available to this workspace?	Live Signals, Paper reference notice, coin universe, and provider-backed Live views.
Strategy	Which defined process is evaluating opportunities?	Strategies and Trading strategy cards.
Candidate	Which asset is under consideration?	Strategy Eligible Candidates.
Order	Was a request to buy or sell created?	Transactions and supported manual-action confirmations.
Fill or execution	Did any quantity execute, and at what price?	Recent fills, Transactions, and the provider.
Position	What app-attributed holding remains open?	Portfolio positions in Trading.
Exit	Was a position reduced or closed by a sell?	Exit information, Transactions, and the provider.
Report	How did recorded activity add up during a period?	Reporting.

Modes and evidence environments

Paper, Live, and Lab describe different environments. Do not combine them into one performance claim without identifying the source, period, and limitations.

Term	Definition	Do not confuse it with
Paper	Your simulated workspace, using simulated cash, positions, fills, and the disclosed delayed market reference. It sends no exchange order.	A preview of exactly what Live would have earned.
Live	Your real-account workspace. When every account, provider, permission, budget, strategy, and safety gate passes, it can send real order requests.	A promise that the exchange will accept or fill an order.
Lab	A controlled recorded-history evaluation used for eligible strategy evidence under its stated methodology and version.	Your Paper account, a customer Live result, or a forecast.
Backtest or historical result	A calculation using past recorded conditions and stated assumptions.	Evidence that future market conditions will repeat.
Aggregated Live evidence	Eligible completed real-money outcomes combined under the displayed evidence rules when enough qualifying data exists.	Your personal result or every customer’s activity.
Workspace	The Paper or Live context currently selected in the application.	The menu page you opened. Changing pages does not change mode.

Read the complete Paper and Live guide →

Strategy and decision terms

Term	What it means	Important distinction
Strategy	A defined process that evaluates supported market context under visible customer settings and private decision logic.	It is not an asset, order, subscription, or promise of profit.
TraderLobby Original	A strategy published by TraderLobby with customer-visible purpose, evidence, version, and controls.	It remains uncertain and subject to the same performance disclosures.
Community strategy	An eligible creator-published strategy with visible source, access, evidence, and moderation state.	Community origin does not turn a statement into verified advice.
Decision engine	Control that allows or prevents a strategy from opening new positions in the selected mode.	Disabling it does not automatically sell existing positions.
Candidate	An asset considered by a strategy after some checks.	It is not an order, fill, or holding and can wait or disappear.
Coin universe	Supported markets available for consideration in the displayed context.	Visibility does not mean every strategy evaluates or will buy the asset.
Position slot	One unit of allowed concurrent holdings for a strategy.	It limits count; it does not reserve a coin or guarantee use.
Used slot	A slot attributed or reserved for an open or in-progress state.	A tiny holding hidden by a dust filter can still affect state.
Capital allocation	Customer-visible method used to choose a target amount for a new entry.	Cash, strategy cap, budget, minimums, and provider rules still apply.
Strategy default	The strategy’s supported default entry target.	It is still bounded and is not permission to spend the full balance.
Fixed amount per entry	A preferred dollar target for each eligible entry.	Actual amount can be lower or zero when another limit applies.
% of PCR per entry	A target calculated from Potential Cash Realize.	It is not a percentage of cash alone and cannot bypass caps.
Preferred minimum entry	The smallest ordinary entry you want, subject to the provider minimum.	It cannot force an order when requirements fail.
Use remaining eligible cash	Allows an eligible remainder below the ordinary target when the provider minimum is still met.	It does not bypass the provider minimum or create cash.

Orders, fills, and positions

These words form a sequence. Treating them as synonyms is one of the easiest ways to misunderstand account activity.

Term	Definition	Example or consequence
Buy	Order side that requests acquiring a base asset with the quote currency.	A BTC-USD buy requests BTC and spends USD if filled.
Sell	Order side that requests disposing of a base asset for the quote currency.	A BTC-USD sell requests selling BTC for USD.
Market order	Request to trade promptly at available market prices.	The estimate can differ from final fills due to movement, spread, liquidity, and fees.
Order	Request with a side, market, size, type, and provider context.	Submitted does not mean filled; it may be pending, rejected, canceled, partial, or filled.
Order permission	Provider authorization for supported trading requests.	A credential can read balances while order permission still fails.
Fill or execution	Quantity and price reported as executed against an order.	One order can have no fill, one fill, or multiple partial fills.
Partial fill	Only part of the requested quantity executed.	The remainder follows provider behavior and may stay open or resolve later.
Position	An app-attributed open holding with quantity and recorded basis.	A buy can open or add; a sell can reduce or close.
Quantity	Number of base-asset units represented.	It is not the same as dollar value.
Notional or gross	Dollar value associated with requested or executed quantity before applicable adjustments.	Final cash movement can differ after fees or multiple fills.
Average or basis	Recorded cost reference for understanding an open position.	It is not necessarily the current market price.
Manual sale	Customer-confirmed supported sell initiated from the portfolio.	It is different from disabling or removing a strategy.
Realize portfolio cash	Workflow requesting supported positions be sold toward cash.	Proceeds remain estimates until execution completes.

Cash, capital, and portfolio terms

These terms describe different boundaries around the same account. The diagram is a fictional teaching example, not customer data or a recommended allocation.

Fictional capital map showing provider-reported cash, trading budget, reserve, tradable cash, invested positions, and Potential Cash Realize — Real eligibility also depends on provider, market, strategy, position, and safety rules.

Term	Plain-language definition
API-reported cash	Cash or quote-currency amount returned by the connected provider for the selected account.
Maximum cash TraderLobby may use	Your trading-budget ceiling for that connection. Zero is the safest starting state. It is not a transfer or instruction to invest all of it.
Trading budget	The same customer-defined ceiling viewed as a budget for supported new app-directed entries.
Project reserve	Provider-reported cash outside the current TraderLobby trading budget or otherwise reserved by displayed controls.
Profit reserve or profit skim	Optional control placing an eligible share of realized profit into reserve under the displayed setting.
Tradable cash	Cash currently eligible for supported entries after relevant provider balance and customer controls.
Invested	Recorded cost basis or deployed amount associated with app-attributed open positions in the selected view.
Position value	Current estimated value of an open position using the applicable displayed price.
Portfolio value	Combined estimated value of positions represented by the portfolio view.
Potential Cash Realize (PCR)	Estimated account equity represented by available cash plus current estimated open-position value. It approximates what the represented account could become in cash before final execution, fees, spread, and price movement.
PCR percentage	Strategy entry target calculated as a percentage of Potential Cash Realize. Available cash and all other limits still cap the entry.
Trading or quote currency	Currency used to price and settle a supported market, such as USD, USDC, or USDT depending on provider. No hidden conversion is implied.
Dust	A very small holding. Hiding it changes presentation only, not ownership, totals, or position state.

Performance and reporting terms

Term	How to read it	Limitation
P&L	Profit and loss under the stated basis, positions, realized activity, period, and fee treatment.	Identify whether it is open, realized, combined, today, 24-hour, or period-based.
Unrealized or open P&L	Estimated gain or loss on positions still open at the current displayed price.	It changes before sale and is not locked in.
Realized P&L	Profit or loss attributed to completed closes with known recorded basis and proceeds.	Missing attribution or unavailable fees can affect completeness.
Mark-to-market	Values open positions using current displayed prices so a report includes open exposure.	It remains an estimate until positions execute.
Deposit-adjusted	Removes net deposits or withdrawals from performance change so added cash is not counted as profit.	It does not remove trading fees or losses.
ROI	Displayed P&L divided by the defined capital basis for that view, expressed as a percentage.	It may not be annualized and is not a forecast.
Win rate	Winning eligible closes divided by eligible closes with recorded realized P&L.	It omits average size, open risk, fees, and sample quality by itself.
Closed trade	Completed position outcome eligible for the displayed calculation.	Executions are not closed trades; one trade can contain several fills.
Profit factor	Gross profit from wins divided by gross loss from losses when the denominator exists.	Small samples or no losses can make it unavailable or misleading.
Expectancy per close	Average realized P&L across eligible closed trades in the selected report.	It does not predict the next close.
Maximum drawdown	Largest measured decline from a prior peak in the displayed study or period.	It depends on the series, interval, scope, and methodology.
Fees	Recorded execution costs in the applicable currency or converted value when available.	Unknown fees should be disclosed instead of silently estimated.
Net deposits	Deposits minus withdrawals during the reporting window.	It is cash flow, not profit.
Execution count	Number of recorded fill or execution events.	It is not necessarily the number of orders or completed trades.

Status, timing, and interface terms

Term	What it communicates
Enabled	The named feature may operate when all other conditions pass. It does not promise activity.
Disabled	The named feature cannot perform the specified new action. Existing positions and records may remain.
Running	The applicable global automation control is not paused. Individual strategy and provider gates remain separate.
Paused	The applicable automation control is stopped within its displayed scope. Holdings and provider records remain.
Valid connection	The credential passed displayed connectivity validation. It may still lack order permission.
Order permissions confirmed	A separate signed provider check for supported order access passed without placing an order.
Default Live account	Valid eligible connection selected as the Live account context.
Pending	The result is not final. Wait for later status or verify with the provider.
Recorded	TraderLobby stored the represented event or state. For Live, compare it with the provider.
Rejected	A gate or provider did not accept the request. Read the reason before retrying.
Stale	Data may be older than the expected freshness boundary. Do not treat it as an executable current value.
Delayed	Data intentionally reflects an earlier time. Paper identifies its current reference delay in the header.
Estimate	Approximation before final execution, fees, spread, liquidity, and price movement.
Empty state	No matching or eligible item is visible under current mode, search, filter, period, access, or data state.
Live connected	The browser’s live-update channel is connected. It does not prove every provider request succeeded.

Actions that sound similar but are not

These verbs have different scopes and consequences. Read both the verb and the object named by a confirmation.

Comparison of pause, disable, remove, cancel renewal, sell, and sign out — Only a supported sell requests a market transaction. Other actions change automation, participation, access, billing, presentation, or session state.

Action	What it changes	What it does not automatically do
Pause trading	Stops applicable automation at the displayed global scope	Sell positions, revoke credentials, cancel subscriptions, or sign out.
Disable decision engine	Prevents one strategy from opening new positions in one mode	Sell or remove existing positions.
Remove from Paper or Live	Ends strategy participation in that mode according to the confirmation	Cancel a subscription or guarantee a Live holding was sold.
Cancel renewal	Changes future billing and access timing under the displayed policy	Reverse charges or market activity, or close Live positions.
Sell	Sends or simulates a sell request for the confirmed position and mode	Disable a strategy, cancel access, or guarantee proceeds.
Realize portfolio cash	Requests supported sales across the stated portfolio scope	Guarantee every asset can sell immediately or at the estimate.
Remove connection	Removes TraderLobby’s saved provider relationship	Close positions, withdraw funds, or erase provider history.
Hide dust or collapse panel	Changes presentation	Change balances, holdings, slots, eligibility, or automation.
Switch workspace	Changes whether you view Paper or Live	Pause automation in the workspace you left.
Sign out or close browser	Ends or hides the current browser session	Pause server-side automation or cancel provider orders.

Provider and security terms

Term	Definition
Exchange or provider	Third party holding the account and assets, defining API access, and making final Live order decisions.
API connection	Saved relationship with a supported provider credential, currency, budget, validation, and default state.
API key or credential identifier	Public or identifying portion of provider access. It remains account-sensitive.
API secret or private key	Secret signing material used to authenticate requests. Never share it with people, Community, or support.
Read permission	Provider permission to retrieve allowed account, balance, holding, product, or order information.
Spot order permission	Provider permission for supported spot-market orders, limited to what TraderLobby requests.
Withdrawal or transfer permission	Authority to move assets out of the provider account. TraderLobby does not need it; never enable it for TraderLobby.
MFA	Multi-factor authentication, such as a password plus an authenticator code.
Passkey	Device-backed sign-in using a device PIN, biometric unlock, or security key without sharing biometric data with TraderLobby.
Session	A signed-in browser or device context. Revoking a session does not revoke an exchange credential.

Translate a question into the right page

If you are asking…	Terms to search	Best first page
Why did nothing buy?	Candidate, decision engine, used slot, tradable cash, order permission	Trading, then Transactions.
Why is the amount smaller than expected?	Allocation, PCR percentage, available cash, strategy cap, minimum	Strategy settings, then API Connections.
Did the exchange execute it?	Order, fill, status, partial fill, fee	Transactions, then the exchange.
Why do two returns differ?	Period, evidence source, realized P&L, mark-to-market, ROI	Reporting and strategy evidence.
Will removing this sell?	Disable, remove, cancel, sell, liquidate	The confirmation and action comparison above.
Why can I see balances but not trade?	Valid connection, order permission, default Live account, provider gate	API Connections.
Why did a position disappear?	Mode, search, dust, closed trade, position, fill	Trading and Transactions.
Does closing the app stop it?	Running, paused, enabled, workspace	Trading and the App tour.

What to read next

You now have the language needed for the workflow guides. The next planned guide explains Paper and Live in depth and uses these definitions consistently.

Continue to Paper and LiveUnderstand timing, simulation, real execution, workspace boundaries, and readiness. Apply the terms to strategiesUse evidence, candidates, slots, allocation, and decision-engine language in context. Apply the terms to recordsConnect orders, fills, fees, P&L, periods, and reports.

Was this page helpful?Send feedback