Risk rules
Arming the three limits, firm presets, and what happens when you tighten or loosen one.
Three limits per Protected account, with their money equivalents shown beside them. See the risk model for each limit's percentage base.
- Max daily loss - measured from the Baseline captured at your Daily reset. Hitting it is a daily Breach.
- Max total drawdown - the account-level floor. Hitting it is terminal and does not lift at a reset.
- Max open risk - the cap on a single order's full risk. Aggregate open risk is shown and not capped in v1.
The Reserve
Editable per account, defaulting to a tenth of the daily-loss limit. What Propcockpit gates on is the Enforced limit - Max daily loss minus the Reserve - and both numbers are shown together wherever the limit is shown.
Firm rules
Choosing a firm preset sets a ceiling as well as filling the fields. Typing looser than the ceiling leaves the ceiling in the field, in the open, with a line under it. The server clamps again against the same row, so nothing can get past it by editing a form.
An account with no firm preset has no firm ceiling - the unknown-firm case is fully supported. During onboarding, Max open risk is still bounded by your Max total drawdown, with or without a firm preset. Its max label follows your drawdown percentage; firm max labels identify the firm's daily-loss and total-drawdown ceilings.
Tightening and loosening
Tightening a limit applies at once. Loosening one waits for the next Daily reset - a rule you can widen the moment it starts hurting is not a rule.
Choosing a risk per order is easier with the number in front of you: the challenge calculator says how many losses in a row a given risk survives before each line, and the position size calculator turns it into lots at a stop.