Risk management
Three limits, a warning at 80 % and confirmation once a limit is spent. The platform sizes the trade.
Accounts are rarely lost through ignorance of the rules. They are lost because at the one minute that mattered, nobody was there to say stop. The terminal's risk management is that stop — not advice, not a reminder, but a participant in the trade.
Three limits
Limits are set in advance, with a clear head, and live on three horizons at once:
- per trade — what you are willing to lose in one position;
- per trading day — what you are willing to lose in a day;
- per week — and in a week.
The trading day starts at 17:00 New York, as at prop firms, not at midnight in your own time zone. That is the same clock your prop account is measured by, and the terminal must not disagree with the firm.
How it behaves
While you are inside the limits, the terminal says nothing. It does not congratulate you on discipline or blink green: there is nothing to do, so there is nothing to say.
At 80 % of a limit a warning arrives. Early, while you can still stop of your own will rather than because the number made you.
Once a limit is spent, every further order asks for confirmation. The terminal does not forbid the trade: bans get switched off, and then the tool is at fault instead of the decision. It makes you answer to yourself why you are taking it.
The distance between “I know the rules” and “the rules hold” is exactly that question, asked in time.
The platform sizes the trade
Position size follows from your per-trade limit and the distance to the stop; it is not eyeballed. Move the stop and the size changes; change the limit and the size changes. You cannot fumble a zero, because you never type the zeros.
Chips on the chart
An open position carries chips on the chart: entry, take-profit, stop-loss and close. You drag them with the mouse and the level changes at the broker. Next to the level sits a projection of the result in your account currency.
It is a projection from the exit price and the known commission model, not a promise of execution. When the account currency rate is unknown, the chip shows the amount in the quote currency — but it never labels dollars as pounds and never hides the figure.
Result without money
The result is shown in pips, percent of account or R — one switch. In currency it is visible only to you and only on your machine: money amounts never leave, under any setting.
The reason is simple. A hundred dollars and a hundred thousand are the same percent of risk and the same discipline; comparing people by sums compares the size of their wallets, not the quality of their trading.