WEBVTT

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After a purchase or sale, it is natural to look straight at

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your balance. But which balance are you reading? TraderLobby shows cash, the

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value of holdings, tradable amounts, and reserves. These figures answer different questions.

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In this chapter, we will give each number a clear meaning so

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that a large total does not get mistaken for money available to

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spend.

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Begin with the Paper or Live label. We will use Paper examples

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and read-only inspection throughout this lesson. Paper balances belong to the simulated

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account. They are not a statement of money at your exchange. You

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can learn the whole process from the demonstration without adding funds, changing

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a setting, or placing another trade.

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In Live, also identify the selected exchange connection. The header can show

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a connection label, and API settings leads to the connection controls. A

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balance from one connection should not be compared with another account as

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though they were one wallet. Changing the selected context changes the information

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you are looking at; it does not move money between those accounts.

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Next, read the currency and the kind of figure. Paper uses dollar

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amounts in these cash displays. The Live header uses a Cash label

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for the app's reported dollar cash figure. Do not treat that as

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proof that every asset you own is a dollar, or that every

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market accepts the same quote asset. A market's full pair still matters

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when you review an order.

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Cash and holdings are different categories. Cash is the account amount reported

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as cash in that context. A holding is an asset you already

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own, with a displayed value based on the price information available to

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the app. A holding worth four hundred dollars is not the same

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as four hundred dollars already available as cash for another purchase.

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Imagine a clearly labeled example with six hundred dollars of cash and

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holdings valued at four hundred dollars. Together they represent one thousand dollars

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of account value under that example's assumptions. They do not represent one

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thousand dollars of cash. This distinction will stay with us as we

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follow the same example through the rest of the lesson.

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Check freshness and errors before explaining a difference. A Live unavailable message

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or a dash is not a confirmed zero balance. A visible figure

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may also come from an earlier update while another view is refreshing.

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Read the selected context and any status information available instead of deciding

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that missing or delayed information means money has disappeared.

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Your first checkpoint is a complete description: I am in this mode,

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viewing this account or connection, reading this currency and this type of

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value. That sentence may feel slower than glancing at a number, but

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it saves confusion later. Once you know what the figure belongs to,

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you can start comparing it with the other figures on purpose.
