Risk Management

Understanding and managing potential downsides is crucial when trading to prevent unexpected losses. Features to be implemented:

  • Pre-configured Default Settings: For traders who prefer a quicker setup, the platform will offer default Stop Loss and Take Profit settings optimized for general use. This feature ensures that even if you're in a hurry, you can still have basic risk management measures in place.

  • Trailing Stops: Lock in profits during times of volatility with Trailing Stops. This dynamic feature adjusts the stop loss level as the market price moves favorably, allowing you to maximize potential gains without the need for manual intervention.

  • Automated Risk Controls: The platform can automatically take actions to protect your investments. It acts as a safety net, ensuring you lock in profits or limit losses without constant monitoring.

  • Customizable Risk Settings: Tailor the platform's safety measures to your comfort level. Whether you're cautious or adventurous, you can adjust settings to suit your trading style.