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Risk Management in Gunbot Live

Use Risk Management to apply balance and drawdown rules to a configured pair.

Gunbot Live provides two models:

  • Personal for a single minimum-balance threshold
  • Prop for staged risk and trading-limit reductions as drawdown increases

Open Risk Management, select the pair, and choose the balance currency you want to monitor.

Risk Management for a selected pair showing its balance information and active risk model.

Personal​

Personal uses two main values:

  • Starting Balance
  • Minimum Balance Limit

Gunbot Live tracks the current balance against the minimum and shows how far the account is from that threshold.

Personal risk management with a starting balance and minimum balance limit.

Personal tracks one minimum-balance threshold while the pair runs.

Prop​

Prop uses three configurable levels. Each level has:

  • a risk percentage
  • a trading limit

As drawdown increases, Gunbot can move to levels with lower risk percentages and trading limits.

The current Gunbot Live model calculates the next drawdown threshold from four times the active risk percentage. For example, a Level 1 risk of 1% reaches the next level after 4% drawdown. If the next active risk is 0.5%, another 2% drawdown reaches the following level.

When the account recovers past the corresponding recovery threshold, the model can move back to a higher level.

Editing staged Prop risk and trading-limit rules with drawdown activation thresholds.

Risk percentage and trading limit​

The risk percentage is used by the rule for that level. When stop-loss information is available, Gunbot Live can also use it to show a suggested position size.

The trading limit is the Gunbot trading amount assigned to that level. A lower Prop level can therefore reduce both the configured risk percentage and the amount Gunbot is allowed to trade.

Set the three levels around the account size and strategy you are running.

Review and save the rules​

Risk Management keeps edits as a draft until you review and save them.

For Personal, check the starting balance and minimum balance limit.

For Prop, review all three levels together, including:

  • risk percentage at each level
  • trading limit at each level
  • drawdown thresholds produced by those risk percentages
  • the current level for the selected balance

Select Review changes to see the values that will be saved for the pair.

Strategy settings and risk rules​

The selected strategy continues to control its entries, exits, order sizing rules, maximum investment, grids, indicators, and other trading logic.

Risk Management adds balance or staged risk rules to that pair. Use the strategy's normal order size, maximum position size, and the drawdowns from Backtesting when choosing the limits.

For common Gunbot sizing concepts, see Choose a strategy.