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# PROJECT_STATE.md — trading-agent



## Current Status



Initial project shell created. No application code exists yet.



## Objective



Build a financial research and simulation agent with strict anti-leakage rules before any live trading capability.



## Durable Rules



- No real trading at the start.

- No automatic financial advice without disclaimer.

- Walk-forward backtests only.

- `available_at <= prediction_time`.

- News storage is metadata-first.

- Labels are separated from features.



## Known Risks



- Look-ahead bias from future prices or news.

- Survivorship bias from current index constituents.

- Accidental storage of copyrighted full articles.

- Overfitting strategy logic before data quality is proven.



## Next Priorities



- T-001 Create trading-agent skeleton.

- Define data schema with availability timestamps.

- Define walk-forward backtest harness.



## Recent Task Reports



- None yet.