Trade ideas
This is the entity reference for trade ideas. By the end you’ll know when to capture a trade idea instead of a playbook and what each field on the idea is for.
What this is
Section titled “What this is”Trade ideas track specific opportunities being watched right now. They’re inherently single-use: a breakout level you’re waiting on, a pullback setup tied to current structure, a discretionary thesis that should expire if it doesn’t develop in time.
Not every opportunity should become a reusable playbook. Some setups are specific to a short window or current structure — that’s the role of trade ideas.
A trade idea typically includes a name, an optional symbol target, the thesis description, execution or invalidation conditions, an enabled/disabled state, and optional expiry timing.
How it fits into Cortiq
Section titled “How it fits into Cortiq”Trade ideas are configured in the workspace and can be attached to sessions. They surface on Library → Trade Ideas, with statuses like active, executed, closed, invalidated, expired, unassigned. Active ideas can spawn a session directly.
How to use it
Section titled “How to use it”Capture trade ideas when:
- You spot one breakout level you want monitored.
- You’re waiting on a retracement setup tied to current structure.
- A thesis should expire if conditions don’t develop in time.
Don’t use trade ideas as a replacement for your core playbook library. If the logic is reusable and central to your workflow, it belongs in a playbook.
Reference
Section titled “Reference”When to use what
Section titled “When to use what”| Need | Use |
|---|---|
| Reusable rule-based setup | Playbook |
| Single live thesis with an expiry | Trade idea |
| Macro/headline context | Sentiment report |
| Pre-session prepared analysis | Preparation package |
What to read next
Section titled “What to read next”- Workspace & monitoring — the Trade Ideas screen.
- Playbooks — for opportunities that should become permanent rules.
- Sentiment reports — for macro context layered into a session.