01

What you are doing

Position
An open market position, such as a LONG or SHORT ETHUSDT position.
LONG
A position that benefits if price rises and loses if price falls.
SHORT
A position that benefits if price falls and loses if price rises.
Leverage
Using exchange margin to control a position larger than the cash collateral. It magnifies gains and losses.
Margin
Collateral supporting leveraged positions.
Liquidation
Forced position closure by the exchange when margin requirements are no longer met.
Grid
A rule structure that acts across multiple price levels or cycles.
DCA
Adding to a position at different prices according to a rule.
Hedge
An opposing position used to offset part of the main position’s directional risk.
Net exposure
The remaining directional exposure after the core position and hedge are considered together.
Realized PnL
Profit or loss already locked in by closed trading activity.
Unrealized PnL
Current profit or loss on open positions; it can change until closure.
Equity
Current account value including unrealized PnL under the platform calculation.
Drawdown
A decline from a previous equity peak.
Funding
Periodic payments between perpetual-futures participants; funding can be a cost or a credit.
Trading cycle
A complete strategy sequence from opening through final closure.
Sentinel
HEDGERON’s risk-monitoring layer.
Shield
HEDGERON’s adaptive protective-hedge layer.
Replay
A reconstruction of a fixed strategy configuration over historical market data.
02

Why it matters

A precise term can change the meaning of a result. Balance is not always equity; realized PnL is not unrealized PnL; a hedge reduces exposure but does not erase risk.

03

Before you start

Return to this glossary whenever a Dashboard, Replay or Help label is unfamiliar.

04

Step by step

  1. 01Read the term in its full screen context.
  2. 02Check whether the value is realized, unrealized or combined.
  3. 03Check the time window and strategy scope.
  4. 04Follow the linked operational article before taking action.
05

What you should see

The same English term should have one meaning across Dashboard, Replay, Telegram alerts and Help.

06

Security check

No legitimate glossary or Help page asks you to paste an API secret.

07

Common problems

Balance and equity look different

Open-position PnL can make equity differ from realized balance.

Hedge and short look identical

A hedge is a short position used for a defined protective role; not every short is a hedge.

08

Next step

Return to Start Here or continue the setup article you were reading.