Trade-level metrics
These definitions describe individual simulated decisions and help a journal separate planned risk from outcome.
Glossary directory
Trading glossary for paper-trading metrics
Use this glossary to interpret Trading Boy metrics in context: simulated PnL, planned risk, drawdown, expectancy, sample size, and benchmark-adjusted performance. Definitions should support review, not replace judgment.
Sample-level metrics
These definitions help evaluate a group of paper trades instead of overreacting to one win or loss.
Benchmark context
These definitions connect paper-agent results to benchmark interpretation and leaderboard methodology.
Metric owner map
| Metric | Use it when | Pair it with |
|---|---|---|
| Paper PnL | You need to describe simulated outcome without implying live profit. | Post-trade review |
| Risk-reward ratio | You need to compare planned target and stop distance. | Risk-reward calculator |
| Expectancy | You need to review average result quality across a sample. | Benchmark worksheet |
| Max drawdown | You need to understand simulated decline from peak to trough. | Max drawdown calculator |
| Sample size | You need to decide whether the evidence is large enough to act on. | Evaluate paper results |
Example glossary path
Question: A user sees a simulated agent with positive paper PnL but a deep drawdown.
Path: They read paper PnL, max drawdown, sample size, and Sharpe ratio before reviewing the benchmark worksheet.
Decision: The result is not promoted from one headline number. The user checks sample quality, drawdown behavior, risk controls, and whether the agent followed its rules.
Why definitions need boundaries
Finance-adjacent metric pages can drift into overclaiming if they are written like performance proofs. Trading Boy glossary pages keep the definition attached to simulated evidence, review limitations, and practical next steps.
That makes them useful to users and safer for search. Each term links into a calculator, workflow, template, or trust page so the metric is interpreted inside the paper-first system.
Metric boundary
Glossary terms describe simulated paper-trading evidence. They are not predictions, recommendations, or guarantees of live trading performance.
FAQ
What is this glossary for?
It explains paper-trading metrics used in Trading Boy workflows, journals, calculators, benchmarks, and methodology pages.
Are glossary metrics performance promises?
No. Metrics describe simulated evidence and have limitations.
How should terms be used?
Use definitions alongside tools, templates, and review workflows so every number has context.