Glossary · In Propcockpit
Reserve
The slice of Max daily loss held back for the slippage and fees between the decision and the fill.
A tenth of the limit by default, editable per Protected account. An order must fit inside the Enforced limit, which is the daily limit less the Reserve. It never moves a Breach line and never blocks an action that only removes risk.
- Words this product avoids for it
- margin; safety margin; buffer (that is the headroom a trader reads); epsilon (that is measurement error)