Configuration

Settings: Risk

5 min read

What it is

Global risk controls that apply across all bots and trades: portfolio-wide drawdown limit, daily spend cap, emergency kill switch, volatility-based auto-pause, leverage cap.

How to think about it

These are your safety nets. Set conservatively — they only trigger in extreme conditions.

Step-by-step

  1. Portfolio Drawdown Limit

    20% default. If your total portfolio drops by this % from peak, all bots pause and an alert fires. You'll need to manually resume.

  2. Daily Spend Cap

    Max USD spent across all bots in 24 hours. Prevents runaway scenarios.

  3. Emergency Kill Switch

    Big red button. Immediately stops all bots, cancels open orders, closes futures positions. Use only in true emergencies.

  4. Volatility Auto-Pause

    When enabled, bots pause automatically when 24h volatility exceeds the threshold (default 50% per day).

  5. Max Leverage Cap

    Hard ceiling on futures leverage. Set to 10x for conservative risk profile, 50x for aggressive. Anything above 50x requires explicit override per-trade.

Tips & pitfalls

  • Set drawdown limit to a level that's painful but not panic-inducing — 20% is a typical institutional cutoff.
  • Test the kill switch monthly to make sure it works (in paper trading mode).
  • Volatility auto-pause is a lifesaver during flash crashes — keep it ON.