Risk and limits
Risk limits
Every risk limit an agent runs under, with an example of each.
Risk limits are the rules you set when you create an agent. They are enforced by the engine on every order, whatever the model says and whatever the instructions say. The AI proposes; the limits decide what is allowed to happen.
How limits are applied
- Each action is checked on its own, then the portfolio as it would look afterwards.
- Risk-increasing orders face every limit.
- Reducing orders face almost none, so an agent can always get out.
- Every check is recorded on the decision, pass or fail.
The limits
Max leverage
The highest leverage the agent may use, per position and for the whole account. It can never exceed the market's own maximum.
Example: max 3x on a $10,000 account. An order asking for 5x is rejected with "5x > 3x".
Max position size
The largest position in a single market, counting what is already held.
Example: max $2,500. The agent holds $2,000 of NVDA and asks to add $1,000. Rejected. Adding $500 is fine.
Thin sessions halve the cap. In pre-market, post-market, overnight and weekend sessions the max position is multiplied by 0.5, because liquidity is thinner.
Max open positions
How many markets the agent may hold at once.
Free collateral
Always checked: an order needs enough free margin, with a 1% safety margin.
Allowed markets
The list you ticked in the wizard. Anything else is rejected.
The automatic brake
Two limits act as a brake. When one trips, the agent is marked Risk brake: all new risk is blocked, but exits keep running.
Daily loss limit
Profit and loss since 00:00 UTC, as a percentage of the equity the agent started the day with.
Example: limit 5%, started the day at $10,000. At −$500 the brake turns on. It resets at 00:00 UTC.
Max drawdown
How far the agent's value may fall from its peak over the last 30 days.
Example: limit 20%, peak $12,000. At $9,600 the brake turns on. It lifts when the drawdown shrinks below 20%.
Exit limits
Widest stop loss
The largest allowed distance between entry and stop. It applies to stop-losses and to trailing-stop distances.
Reject orders without a stop
When on, every position must carry a stop-loss or a trailing stop.
Let the agent move its exits
When on, the agent may tighten exits. It can never loosen a stop you set yourself.
Nothing here is investment advice.