Compare a paper order with its first-recorded trigger-price reference using current mark-to-market data, explicit assumptions, timestamps, and decision notes.
August 3, 2026 · 4 min read
TEMIRIN attribution is built from a saved paper order linked to a watchlist-derived opportunity. One value marks the paper order from its saved limit price to the current market price. The comparison value marks the same notional from the preserved trigger price to the current price. Neither value is an actual fill, realized profit, or live-position outcome.
Use the comparison to examine timing and assumptions. It can show how the simulated entry differed from the first recorded opportunity price, but it cannot prove that either price was available for the full size or that a real order would have filled.
The current calculation uses paper notional, direction, trigger price, saved paper-order limit price, and latest current price. It derives mark-to-market values from those fields. There is no fill model, fee model, slippage model, or venue reconciliation in this attribution record.
Because the calculation is narrow, its assumptions should remain visible. Spread, depth, stale data, and market status can make a displayed mark unsuitable as an executable reference. Record those limitations in the linked decision note.
Public-wallet portfolio views can show open and closed positions and PnL from public data. That portfolio context is distinct from paper-order attribution. Do not merge the two into an actual-versus-simulated claim unless the records genuinely share identity and accounting basis.
When a market exists in both views, compare it manually and label the source of every number. A paper order does not become an actual position because the same wallet later holds that outcome.
Retain rejected, blocked, and watched opportunity records as well as paper orders. A favorable later market move does not make an earlier rejected decision wrong, and an unfavorable paper mark does not prove the research process was poor. Reopen the evidence, policy result, and note that existed at the time.
Compare cohorts only after the calculation method and observation windows are consistent. Keep sample size visible and version methodology changes prospectively.
Compare the paper-order mark-to-market value with the preserved trigger-price reference and label both observation times. This is a research comparison between stored paper assumptions and public price context; it is not a missed-profit calculation, an execution-gap measurement, or evidence of a real fill.
TEMIRIN organizes the paper ledger, trigger-price memory, current mark, and linked notes. Users make every real venue transaction outside the product.
Audit a sample calculation directly from stored fields. Recompute the paper-order mark from its notional, direction, saved limit price, and current price, then recompute the trigger reference from the same notional, direction, preserved trigger price, and current price. Confirm the timestamps and rounding. If the values cannot be reproduced, treat the report as a data-quality problem rather than interpreting the difference. Reproducibility is the strongest safeguard against turning a compact comparison into an overstated performance claim.
When presenting a cohort, publish the observation cutoff, current-price source, included paper orders, direction handling, and rounding convention. Separate open and closed paper records and show counts beside totals. A small set of favorable marks can otherwise look like a reliable strategy result. TEMIRIN’s calculation is useful because it is reproducible and tied to stored trigger and paper prices; its value comes from disciplined review, not from claiming that the reference path was executable. Show incomplete records separately, explain why they were excluded, and keep the same rules across comparison periods. Re-run the report from the same cutoff to verify that unchanged inputs produce the same output. Add a short methodology note beside every export so a reader does not mistake a current paper mark for realized profit. Preserve the underlying observation times as well: identical prices collected at different moments do not describe the same comparison.
The trigger price records the first relevant market observation attached to the opportunity, while the current mark is a later valuation input for the paper record. Their timestamps and assumptions must stay distinct.
Keep the last observation and its timestamp visible, label the current valuation as unavailable, and avoid inventing a replacement. The paper ledger should retain its original entry and trigger references unchanged.
No. It is a time-stamped comparison under stated assumptions, not a complete quality judgment. Evidence, market wording, risk notes, later resolution, and the reviewer rationale still matter.
