$ help / copiers / guardrails

Loss-cap math

The per-signal loss cap is a percentage of your destination account’s equity (default 10%, set per subscription) at which copying from that signal halts. You set it before copying starts, and you can edit it per subscription afterwards. It bounds when copying halts — it is not a guaranteed maximum realized loss, because open positions remain open until you close them (or the global guard does).

Worked example

account equity $1,000 · per-signal loss cap 15%
→ the cap trips when that signal’s cumulative P&L reaches −$150 (15% of equity)
→ copying from that signal halts · you are notified
→ open copied positions remain open — you decide what to do with them

What counts toward the cap

Cumulative P&L of copied positions from that signal — realized plus open — measured against your destination account’s equity. A floating loss can trip the cap before anything is closed.

What tripping does — and does not — do

When the cap trips, copying from that signal halts and you get a notification. Open copied positions are not closed automatically — they stay open and you decide whether to hold or close them. The trip is recorded as a risk event, which appears, anonymized, on the public platform tape.

If you want positions flattened automatically on a bad day, that is the global drawdown guard’s job — it is on by default at 15% and tunable per subscription. It is the only guard that closes open copied positions, and it does so at the account level while halting all copying. See the auto-pause spec.

Resuming after a trip is always manual. The platform never silently restarts copying.