What Are Playbooks?

Short answer: Playbooks are named decision templates inside invest.md — “what to do when X.” They reference other tokens (signals, risk, sizing) so the agent does not improvise a new process every time.

What they look like

The spec allows playbook fields to point at other YAML paths, e.g. {signals.fundamental.ownerEarnings.weight}. That is how a “add on confirmed breakout” playbook stays tied to the same invalidation as the rest of the skill.

Typical playbooks: initial entry, pyramid, trim, full exit, stand aside, hedge. They map to the harness loop Signal → Thesis → Execution.

Related: SKILL.md · Risk

Nothing here is financial advice.