diff --git a/.Jules/palette.md b/.Jules/palette.md
new file mode 100644
index 0000000..9b69c12
--- /dev/null
+++ b/.Jules/palette.md
@@ -0,0 +1,3 @@
+## 2024-05-18 - Tooltips with Concrete Examples
+**Learning:** Adding concrete examples to statistical and financial parameters (like basis points or volatility quantiles) significantly reduces user cognitive load and clarifies abstract inputs.
+**Action:** Always include a `help` tooltip with a clear, concrete example ("e.g., 10 bps = 0.10%") when implementing numerical inputs for abstract financial concepts in the design system.
diff --git a/src/dashboard.py b/src/dashboard.py
index 4156c1d..5d13c3f 100644
--- a/src/dashboard.py
+++ b/src/dashboard.py
@@ -190,12 +190,20 @@ def get_cache_key(*args) -> str:
 
     if mode == "Single-Asset":
         st.subheader("5. Backtest Settings")
-        bt_cost = st.number_input("Transaction Cost (bps)", value=DEFAULT_COST_BPS, step=1) / 10000
+        bt_cost = (
+            st.number_input(
+                "Transaction Cost (bps)",
+                value=DEFAULT_COST_BPS,
+                step=1,
+                help="e.g., 10 bps = 0.10% per trade"
+            )
+            / 10000
+        )
         allow_short = st.checkbox("Allow Short Selling?", value=False)
     else:
         st.subheader("5. Alert Thresholds")
-        dd_alert = st.slider("Max Drawdown Alert", -0.6, -0.05, -0.2, 0.05)
-        vol_alert = st.slider("Volatility Alert (ann.)", 0.1, 1.0, 0.35, 0.05)
+        dd_alert = st.slider("Max Drawdown Alert", -0.6, -0.05, -0.2, 0.05, help="e.g., -0.2 = -20% max DD")
+        vol_alert = st.slider("Volatility Alert (ann.)", 0.1, 1.0, 0.35, 0.05, help="e.g., 0.35 = 35% annualized volatility")
         beta_alert = st.slider("Beta Alert", 0.5, 2.0, 1.3, 0.1)
         dttl_alert = st.slider("Days-to-Liquidate Alert", 1.0, 20.0, 5.0, 1.0)