> For the complete documentation index, see [llms.txt](https://reverie.gitbook.io/wall-usdstreet-on-rh/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://reverie.gitbook.io/wall-usdstreet-on-rh/your-first-day.md).

# Your first day

Character creation, the mail room, and the first twenty minutes.

## 1. You make somebody, not a class

There is nothing to pick but a person: skin, four builds, an age band, face parts that mix freely, recolourable hair and facial hair, and an independently layered wardrobe — shirt, tie, jacket, trousers, shoes, watch, glasses, jewellery, phone — plus a voice set.

All of it is cosmetic, all of it is server-validated, and all of it is visible to everyone else on the floor.

{% hint style="info" %}
**Tailoring is the status signal.** The starting suit is visibly off-the-rack. Better suits *fit*, and colour gets quieter as a character gets richer.
{% endhint %}

## 2. You start in the mail room

One lead list a day and no book. Twenty closes gets you a phone and your own list. From there the climb is production — see [the ladder](/wall-usdstreet-on-rh/the-ladder.md).

## 3. The briefcase

Five slots, and nothing in it is loot. Nothing drops off anybody.

| Slot         | What it is                                                                   |
| ------------ | ---------------------------------------------------------------------------- |
| **TERMINAL** | What you can see: depth, time-and-sales, news, a squawk line                 |
| **ROLODEX**  | Who takes your call, with favours that deplete                               |
| **BOOK**     | Your limits and what you may hold — bigger is a bigger bet, not a better one |
| **LICENCE**  | What you may legally do, and what a regulator can take away                  |
| **PITCH**    | A scripted close with a hit rate, a size cap and an exposure cost            |

Six tool classes carry mastery: TERMINAL, ROLODEX, BOOK, LICENCE, MODEL, SEAT. **THE RESEARCH DESK** is where you build a model, back-test it, and watch it decay as the market moves away from what it was fitted on.

## 4. The first session

![The market day](https://4260649310-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKcsYQvCRvRMcCez33U9S%2Fuploads%2Fgit-blob-5cf7a4cafd7b2db731f504e6ffab4cc44c928f9a%2Fmarket-day.svg?alt=media)

A market day is a real \~20-minute cycle: OPEN, session, CLOSE, then an after-hours window where corners settle, firms pay carry and the leaderboard prints.

A sensible first day:

1. Talk to THE SALES MANAGER. Take the lead list.
2. Walk **into THE EXCHANGE** and stand at a post. Mail room does not get the whole tape from the plaza — `T` is one specialist's book until JUNIOR BROKER.
3. Buy a few shares of a cheap name. Watch the print. Every round trip costs 50 basis points.
4. Open THE PHONE ROOM or THE PIT (the house fills empty rings). Then press `X` — THE CLIMB. Production is commission.
5. Be flat, or comfortable, before the bell. `F` is SHARE CLAIMS. `$STREET` is not listed yet; claims are the earn.
6. Combat is THE CURB (level 3): fists, knuckles, a bat. Losing is a fold. It is not the first hour.

## 5. What not to do on day one

* Don't lean on margin before you have watched a name move for a full session.
* Don't take a short you cannot cover — the borrow costs a rate and a squeeze is emergent, never scripted.
* Don't touch a chop stock because somebody in the bullpen is shouting about it.
* Don't do anything that earns [SEC EXPOSURE](/wall-usdstreet-on-rh/the-regulator.md) before you can afford the fine.


---

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