Risk Management
Tradevanish includes built-in risk controls to protect your prop firm accounts.
Global Risk Rules
Configure in Settings > Risk Management:
| Rule | Description | Default |
|---|---|---|
| Max Quantity | Maximum contracts per order | 10 |
| Daily Loss Limit | Stop copying if daily loss exceeds this | $1,500 |
| Max Trades/Day | Maximum number of trades per day | Unlimited |
| Trailing Drawdown | Track running drawdown | Off |
| Kill Switch | Emergency stop all trading | Off |
Kill Switch
The kill switch immediately halts all copy trading activity. When activated:
▸All pending orders are cancelled
▸No new orders are placed
▸The listener keeps running (so you can see positions)
▸A Kill Switch Activated email is sent to your inbox
Re-enable from Settings after reviewing your positions.
Per-Follower Overrides (Pro/Pro+)
Customize risk rules per follower account:
▸Size Multiplier — 0.5x for half size, 2x for double
▸Max Quantity — Independent limit per account
▸Daily Loss Limit — Per-account loss threshold
This lets you run different position sizes on different prop firm accounts based on their specific rules.