Kamla
Education
Glossary
The terms Kamla uses, explained for people who never traded. No jargon for jargon's sake: every word here appears somewhere in the product.
- Daily decision
- Kamla's daily decision: the names to buy that day, each with an entry price. In a brokerage account, each position opened by Kamla also gets a −8% brake, checked every 5 minutes while the market is open, and a +8% profit target (in the first 15 minutes after the open the brake only sells on a fall of 12% or more from the average price Kamla paid; from 10:00 to 10:20 New York time the check pauses); in the simulated wallet there is no target and the brake is only checked when Kamla applies the day's decision: at most once per trading day, and not on days without buys. On defensive days, the decision is not to trade.
- Swing trading
- A trading style where positions last days, not minutes. It is Kamla's only style: one decision per day, no blinking screens.
- Entry
- The price at which the brain decided to buy. If the current price is already far from the entry zone, the signal loses validity.
- Stop (stop-loss)
- An automatic sale if the price falls 8% below entry. It limits the loss of each position. At Kamla it is a price check followed by a sale, not an order waiting at the broker.
- Target (take profit)
- On a brokerage account, a sell order that Kamla leaves at the broker at 8% above entry and places again each trading day. It takes the gain without you having to watch.
- Market regime
- The brain's daily read of the overall environment: risk-friendly (conditions to enter), defensive (protect first) or neutral. On defensive days Kamla prefers not to trade.
- Paper trading
- Simulated trading with a simulated balance on real brokerage accounts. All of Kamla's public results are paper trading, and we always say so.
- Brokerage
- The company where your trading account lives. Kamla connects to Alpaca (US): the account is yours, the money is yours, Kamla only sends orders.
- API keys
- The pair of codes Alpaca gives you to authorize apps to trade on your account. They are stored encrypted at Kamla and cannot withdraw money.
- Equity
- The total value of your account right now: cash plus the value of open positions.
- Exposure
- The percentage of the account invested in positions. 40% exposure means 60% sits in cash, out of risk.
- Position
- Shares of a symbol you hold. Every position Kamla opens has a stop; on a brokerage account it also has a profit target.
- Drawdown
- The fall from the account's highest point to its lowest. It measures the worst moment the strategy lived through.
- Win rate
- The percentage of closed trades that ended in profit. Alone it doesn't tell the whole story: how much you win when right and lose when wrong matters too.
- Benchmark
- The standard of comparison. Kamla compares itself to SPY (the S&P 500 index): if it can't beat the market, it doesn't deserve to exist.
- Slippage
- The difference between the price at decision time and the price the order actually fills at. Kamla publishes its own.
- Kill switch
- The button that stops Kamla from operating your accounts: no new buys and no daily decision. On a brokerage account the −8% brake stays on. It is always one tap away, in the app and the workspace.
- Auto-execution
- Kamla sends the daily signal's orders directly to YOUR account, within your limits. You can turn it off anytime.
- Conviction
- How much the signal stood out in the day's criteria: high, medium or low. Position size follows conviction.
- Track record
- Kamla's complete public history of decisions and results, red days included. The record is the product.
Educational content. Nothing on this page is financial advice or a promise of results.