> For the complete documentation index, see [llms.txt](https://callgraph.gitbook.io/callgraph-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://callgraph.gitbook.io/callgraph-docs/callouts-intelligence/alerts-and-thesis.md).

# Alerts and thesis

Understand Pump.fun original calls, thesis replies, position changes and milestones.

The first call is only the beginning. We connect original theses, replies, adds, trims, exits and milestones so you can follow what a caller actually does afterward.

## Read each type of update

| Alert                  | What it tells you                                        |
| ---------------------- | -------------------------------------------------------- |
| **Original Callout**   | A caller's initial token thesis                          |
| **Reply Callout**      | A follow-up to that thesis                               |
| **Position Increased** | The caller added to their token position                 |
| **Position Reduced**   | The caller trimmed part of a position                    |
| **Position Exited**    | The tracked position was closed                          |
| **Milestone**          | A tracked market-cap milestone tied to the original call |

## A position change, not just another post

{% columns %}
{% column %}

<figure><img src="https://1024313129-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F19fy6z4ax7jX5gvABuYZ%2Fuploads%2Fgit-blob-3fd32317ee2599df227190ee470bc823e4707a15%2Fshot-09.png?alt=media" alt="Position Increased alert showing the caller added to a token position and available trading buttons"><figcaption><p><strong>Position Increased:</strong> see the added exposure and decide whether to act.</p></figcaption></figure>
{% endcolumn %}

{% column %}

<figure><img src="https://1024313129-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F19fy6z4ax7jX5gvABuYZ%2Fuploads%2Fgit-blob-a8ed4d045d8ee58c64bfe19f0a84808d39383c02%2Fshot-10.png?alt=media" alt="Position Reduced alert with the caller&#x27;s partial sell and remaining position"><figcaption><p><strong>Position Reduced:</strong> see what was trimmed and what remains.</p></figcaption></figure>
{% endcolumn %}
{% endcolumns %}

<figure><img src="https://1024313129-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F19fy6z4ax7jX5gvABuYZ%2Fuploads%2Fgit-blob-a6bb72f898deeb99afcbf2c1959cddfb335ba80a%2Fshot-25.png?alt=media" alt="Pump.fun callout card with an inline Copytrade action"><figcaption><p>When a caller is eligible for copying, the alert may include a direct <strong>Copy Trade</strong> action.</p></figcaption></figure>

{% hint style="info" %}
A caller's position activity is information about that caller, not a recommendation to buy. Use [Quick Buy](/callgraph-docs/trading/quick-buy.md) for a one-time purchase or [Copytrade](/callgraph-docs/copy-trading/overview.md) to set up a continuing relationship.
{% endhint %}


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