What Are Risk Settings?
Our Risk Settings are designed to let you define your personal trading boundaries and manage your overall risk appetite directly from within the platform. You can set a maximum daily loss limit (PDLL) and a daily profit target (PDPT) and configure what happens automatically when either threshold is hit.
Think of it as your personal safety net. Set it once and let the platform enforce your rules for you - no willpower required. Your settings stay active indefinitely and reset automatically each trading day, meaning the platform tracks your performance fresh every day without you having to do anything. Essentially, the risk settings remain in place until you manually go in and change /or turn them off.
How to Access Risk Settings?
>> Step 1: At the top-right corner of the platform, you'll see a small square icon displaying your initials. Click it.
>> Step 2: A small menu will appear. Click "Platform Settings".
>> Step 3: The Platform Settings panel will open. On the left-hand side, you'll see a menu. "Risk Settings" should already be selected and highlighted by default as soon as the panel loads.
>> Step 4: You should now already be on the Risk Settings page. Everything you need is right here.
Understanding Every Field on the Risk Settings Panel
① Select Trading Account
At the very top of the Risk Settings panel, there is a dropdown menu that lets you select which trading account these settings apply to.
Important: Risk settings are configured per account. If you have more than one (1) account connected to the platform, you must set these up individually for each one. Selecting the wrong account means the rules won't apply where you intend them to.
② Position Settings
These settings apply to individual positions - meaning each trade you open.
>> Position Risk ($) This is the maximum dollar amount you are willing to risk on a single position.
>> Profit Brackets ($) This is your target profit level for a single position.
>> Automatically apply Risk / Profit bracket to new position
If ☑️ checked: Every new position you open will automatically have the Position Risk and Profit Bracket values applied to it without you having to manually set them each time.
If ☐ unchecked: These values will not be applied automatically. You would need to set them manually per position.
③ Risk Settings & Daily Limits
These settings operate at the daily account level, not per position. They monitor your overall performance throughout the trading day and can trigger automatic actions when thresholds are reached.
Personal Daily Loss Limit (PDLL)
This is the maximum amount of money you are willing to lose in a single trading day across your entire account.
Set this to, for example $500 and if your account's losses reach $500 on that day, the platform will automatically trigger your chosen PDLL Action (explained below).
If left at $0.00, this limit is inactive and will not trigger anything.
PDLL Actions Explained:
This is what happens automatically the moment your Personal Daily Loss Limit is reached. You have three (3) options to choose from:
Option | What It Does |
Do Nothing | No target is set and no automated action will be taken. To enable risk settings, simply choose one of the actions listed below. Select this option only if you wish to disable or deactivate your PDLL entirely. |
Liquidate Only | All of your open positions on that account are automatically closed the moment your loss limit is hit. No further block is placed or enforced - you could technically open new positions afterward. |
Liquidate and Block | All open positions are automatically closed and your account is locked for the remainder of that trading day. No new trades can be placed for the rest of the day. To learn exactly how the account lockout works, click here. |
Personal Daily Profit Target (PDPT)
This is the profit level at which you want the platform to step in during a single trading day.
Set this to, for example, $500 and if your account reaches $500 in profit that day, the platform will automatically trigger your chosen PDPT Action.
If left at $0.00, this target is inactive and will not trigger anything.
PDPT Actions Explained:
This is what happens automatically the moment your Personal Daily Profit Target is reached. The exact same three (3) options apply:
Option | What It Does |
Do Nothing | No target is set and no automated action will be taken. To enable risk settings, simply choose one of the actions listed below. Select this option only if you wish to disable or deactivate your PDPT entirely. |
Liquidate Only | All open positions are automatically closed to lock in your profit. You can continue trading afterward. |
Liquidate and Block | All open positions are automatically closed and your account is locked for the rest of the trading day. Essentially designed to lock in your gains and prevent you from giving them back. To learn exactly how the account lockout works, click here. |
Saving Your Settings
Once you have configured everything, scroll down and click the "Update Settings" button.
Your settings will not be saved unless you click "Update Settings". So, be mindful. If you close the panel without clicking this button, all changes or configurations will be lost and not applied.
Quick-Reference Summary
Setting | What It Controls |
Position Risk ($) | Max loss per individual position |
Profit Brackets ($) | Target profit per individual position |
Auto-apply checkbox | Whether position limits apply automatically to every new trade |
PDLL | Max total loss allowed per trading day across the account |
PDLL Action | What happens automatically when PDLL is hit |
PDPT | Target total profit per trading day across the account |
PDPT Action | What happens automatically when PDPT is hit |