Maximum Risk Exposure Setting

Completed

Rhys - VEMA Support

• February 21, 2022 23:24

A setting to prevent users from opening too many trades, or from too many setups triggering all at once and leaving users with massive exposure to the market.

Short term: 

"Max X % account risk" so if you cap it at 4% you can open 4 1% trades, or 8 0.5% or whatever combo. 

Once your SL is in profit that trade wouldn't be counted as at risk anymore.

Long term:
Could get fancier with some things, ie BTC Simultaneous longs and shorts cancel each other out if you're hedging, or using data such as 
https://www.myfxbook.com/forex-market/correlation

to weight different correlation risk on different assets.

5

• Official comment

  

  Rhys - VEMA Support

  • March 09, 2022 02:35

  Similar Requests for Devs to consider at time of implementing:
  
  https://support.vematrader.com/hc/en-us/community/posts/4685490869529-Be-able-to-pause-monitoring-trades-if-too-many-trades-are-already-open-at-once
  
  https://support.vematrader.com/hc/en-us/community/posts/4506065951513-Ability-to-Place-Risk-Management-across-the-entire-Account-Eg-Max-Aggregate-Percentage-Risk-3-

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