glossary

key trading and platform terms used across the docs.

use this page to align on definitions. terms match how zerotek behaves.

trading terms

margin

usdt you commit to a position.

margin is what you can lose (before pnl).

leverage

multiplies your exposure.

a 10x leverage means position size = 10 × margin.

position size

usd exposure of the position.

formula:

$$\text{position size} = \text{margin} \times \text{leverage}$$

entry price

price at the moment the position opens.

pnl

profit and loss.

• unrealized pnl: pnl on open positions

• realized pnl: pnl after you close

long / short

• long: profit if price goes up

• short: profit if price goes down

tp / sl

risk controls applied to a position.

• tp (take profit): auto-close when profit target is hit

• sl (stop loss): auto-close when loss limit is hit

in zerotek, tp and sl are set as a % of entry price.

platform terms

faucet

resets your test balance back to 10,000 usdt.

you can claim once every 24 hours.

see: faucet

equity curve

balance over time.

it changes when you close trades and when you claim faucet.

see: dashboard

realized pnl vs balance

balance is your account value.

realized pnl is profit/loss from closed positions.

balance can also reset due to faucet.

where each concept is explained

• core flow: trading overview

• mechanics + formulas: pnl & fee calculations

• opening: opening a position

• closing: closing & managing positions