Team kit · Guide 17
Team kit: glossary
In one lineEvery term the library uses, defined in one or two plain sentences, so the agents, the research assistant and you mean the same thing by the same word.
What you'll get
- Team terms: packet, setup watch, trade card, memo, rubric, CLEAR and BLOCK.
- Risk terms: R, risk budget, daily stop, bracket, drawdown types, the floor.
- AI terms: anchoring, agreeing-with-you bias, invented detail, standing instructions.
- Research terms: playbook, falsifier, in-sample, walk-forward, best-day dependence.
- A worked example of the vocabulary in one sentence of a real routine.
1Team terms
| Term | Meaning |
|---|---|
| Team | AI agents, each with one job, running your rules automatically. |
| Seat | One job with one output format: Analyst, Researcher, Bull, Bear, Risk Manager, Trader, Decider. |
| Team setup | The standing instructions every seat reads: house rules, seat list, rubric, your rules file and risk sheet. |
| FACTS check | Typing FACTS in a new chat to confirm it reads the same instrument, session and limits as every other chat. |
| Event sheet | The News agent's list of today's scheduled events and blackout windows, built only from the calendar rows you paste. |
| Rules file | Your one-page description of what, when and how you trade, including your setup sheets. |
| Setup sheet | Your setup rewritten as yes/no rules: context, trigger, entry, invalidation, target, no-trade conditions. |
| Context rule | Something that must be true before the setup can exist (time window, structure, regime). |
| Trigger | The exact event that turns a watched setup into a trade. |
| Invalidation | The point where the trade idea is wrong. Your stop goes there. |
| No-trade condition | A rule that cancels the setup even if everything else passes. |
| Market brief | The Analyst's six-section description of today's market. |
| Regime | One of four labels for the day: TRENDING, RANGING, QUIET, EVENT DAY. |
| Setup watch | The Researcher's daily check: each rule PASS / FAIL / CAN'T TELL, plus watch zones. |
| Watch zone | A price area where your trigger could happen today. |
| CAN'T TELL | The chart given doesn't show enough to check a rule. Never upgraded to PASS. |
| Packet | The text that moves between seats: event sheet, brief, watch, scenario, cases, day check, card. |
| Scenario | One line describing the plan under review, given to both Bull and Bear. |
| Rebuttal round | Optional round 2: each side reads the other once and replies in five lines. |
| Pre-mortem | Assume the card was taken and lost, then name the three most likely reasons from the packet. |
| Tell | An observable event that shows a pre-mortem reason starting. |
| Trade card | The Trader's written order: trigger, valid window, entry, stop, target, size maths, bracket, cancel-if. |
| Conditional card | A trade card written before the session as IF trigger THEN order. |
| Decision memo | The Decider's one-page summary with a score and a TAKE or PASS verdict. |
| Rubric | The fixed 1–5 scoring rules. The score must quote the line that decided it. |
| Decision line | Line 9 of the memo. Only you fill it in: TAKE IF TRIGGERED, PASS or WAIT. |
| Fast team | All seats in one reply, for short days. Weaker. A fallback. |
| In-session check | The one-minute trade check in chat D before the order is sent. |
| Debrief | The after-session comparison of the card with what you did: MATCH or DEVIATION, never the result. |
2Risk terms
| Term | Meaning |
|---|---|
| R | Your fixed risk per trade, in money. A trade that loses its full stop loses 1R. |
| Risk budget | The maximum risk the Risk Manager allows per trade today, after your rules and size bands. |
| Daily stop | Your own maximum loss for the day. When reached, the team is CLOSED. |
| TEAM ON / CLOSED | The Risk Manager's day check verdict. |
| CLEAR / BLOCK | The Risk Manager's trade check verdict. A BLOCK isn't lifted in the same session. |
| Blackout window | Time around a scheduled event when your rules forbid entries. |
| Tilt check | Six yes/no questions about your state, counted against your own rule: GREEN, AMBER or TEAM OFF. |
| Bracket order | An entry sent with its stop and target attached. |
| OCO | One-cancels-other: when the stop or target fills, the other is cancelled. |
| Size maths | Budget ÷ (stop distance × value per point), rounded down, capped. |
| First line / second line | Platform limits (first) and the AI Risk Manager (second). |
| Override | Forcing an order the Risk Manager blocked, or sending one without a memo. Always journaled. |
| Floor | In a prop evaluation, the equity level that fails the account. |
| Static drawdown | The floor is fixed below the starting balance. |
| End-of-day trailing | The floor is recalculated from the end-of-day balance. |
| Intraday trailing | The floor follows your highest equity in real time, including open profit. |
| Room to the floor | Current equity minus the floor. Sets the size band. |
| Size band | Normal, half, minimum or none, set by room to the floor. |
| Consistency rule | A firm rule limiting how much of total profit can come from one day. Details vary by firm. |
3AI terms
| Term | Meaning |
|---|---|
| Anchoring | The model builds its answer around the frame in your question. |
| Agreeing-with-you bias | Chat assistants lean towards agreeing with the user. Sometimes called sycophancy. |
| Invented detail | Confident output with no source: a level not on your chart, an event not on your calendar. Often called hallucination. |
| Source tag | (chart) for values read off an image, (data) for values from numbers you pasted. |
| Standing instructions | Text saved in a workspace that applies to every chat in it. Tools call this different things. |
| Fresh chat | A new conversation with no history. Used to keep seats from seeing each other. |
| Information hygiene | Giving each seat only what it should see. |
| Self-check line | The last line of every prompt: the seat rereads its reply against the format and the arithmetic before sending. |
| (unverified) | The label a seat puts on anything that rests on its general knowledge instead of your evidence. |
| Reasoning mode | A setting in some tools that makes the model work step by step. Useful for maths and checks. |
| Calibration test | Comparing the AI's image-read levels against your own chart to learn its error size. |
4Journal and review terms
| Term | Meaning |
|---|---|
| rules_followed | Y or N. "Mostly" is N. |
| Descriptive only | A number that describes what happened in a sample, not what will happen. |
| Sample size | How many trades a number is based on. Under 20, the weekly reviewer says so. |
| One change | The single, checkable change you make after each weekly review. |
| Monthly team review | The once-a-month pass over every rule: how often it applied, changed a decision, or was broken. |
5Research terms
| Term | Meaning |
|---|---|
| Playbook | A public strategy family written as a research brief: idea, reasoning, rule template with blanks, what kills it. Not a setup. |
| Playbook brief | Your filled, dated, locked version of a playbook, ready to test. |
| Hypothesis | The idea as one sentence that could be wrong. |
| Falsifier | A result, written before testing, that means "drop it". |
| Locked | Every blank filled and dated before any results are seen. A changed blank is a new brief. |
| Evidence ladder | Five rungs: idea, rules, sample, walk-forward, small size. |
| In-sample | Results from the period used to choose the settings. They flatter. |
| Out-of-sample | Results from data the rules never saw. The only kind that tests anything. |
| Walk-forward | Locking the rules and trading them forward on demo, then counting again. |
| Look-ahead | A test that uses information you couldn't have had at the time. |
| Survivorship | Testing only on the examples you remember, which are the ones that worked. |
| Best-day dependence | A total that disappears when the single best day is removed. |
| Slippage | The difference between the price you wanted and the price you got. |
| Crowding | Many traders using the same public idea at the same levels. |
6Worked example: the vocabulary in use
Illustrative.
"The event sheet showed nothing inside the window. The brief labelled the day TRENDING. The setup watch had all context rules PASS and one watch zone. The Bear's best point was location, conceded in the rebuttal round. Day check: TEAM ON, risk budget 1R. The conditional card was sized by the size maths, sent as a bracket. The memo scored 3, quoting the rubric. The Decider filled the decision line. The trigger printed, the in-session check said CLEAR, and the execution agent placed the card as written. The debrief was MATCH on every line."
7Common mistakes
- Using "signal" for a trade card. A card is your plan, written by your rules. Nobody signals you anything.
- Mixing up balance and room in a trailing drawdown account.
- Calling the score a probability. It's a rubric line.
- Calling a playbook a setup. It becomes one after rung 4 of the evidence ladder, on your market.