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Basics

What changes between backtest confidence and live supervision

The terminal exists because strategy quality is only one part of execution quality.

Concepts Priority: Control before speed View: Live Trading Terminal Operator task: Monitor and escalate
Key Takeaways What to take from this lesson
Broker behavior matters Operators need immediate context
Risk Frame Execution risk reminder
  • Do not promote directly from a promising backtest into full-size live flow.
  • Do not ignore terminal health because short-term PnL looks fine.
  • Do not let one bot silently consume more attention than the desk can support.
Routing

Broker behavior matters

Order acceptance, latency, session context, and account state all affect live behavior even when the strategy logic is unchanged.

Visibility

Operators need immediate context

A bot that technically runs but cannot be supervised clearly is operationally weak. The terminal should compress health, capital, and status into one view.

Discipline

Intervention rules should exist before the first live trade

You should already know what spread, slippage, drawdown, or engine behavior would justify a pause or shutdown.