Risk Settings

What is initial risk?

Initial risk is the amount you planned to lose if a trade went fully against you — your "max loss" at the time of entry. Datrade uses this value to calculate R:R (risk-to-reward ratio) and other risk-based metrics — see Metrics Glossary for definitions.

Risk settings live in Settings → Trade Settings, below the grouping method.

How rules work

Risk is applied through a rule table. Each rule defines a combination of Account, Tag, and Instrument, plus a risk type and amount.

The default rule covers everything: All accounts, All tags, All instruments, $500.

You can add more specific rules — for example, $200 for a particular tag, or $1,000 for trades in a specific account.

Rule priority

When a trade matches multiple rules, the rule that appears higher in the table takes precedence. Drag and drop rows to reorder them.

A trade-level custom risk always overrides any rule.

Risk types

Currently only the fixed monetary amount ($) is supported — expressed in whatever base currency you have set in your account. Percentage-based risk is planned for a future update.

When rules apply

The default initial risk applies only to trades imported after this value is set.

Rules are applied retroactively to all trades that match the group defined in the rule. When multiple rules match a trade, the one positioned higher in the table takes priority. In edit mode you can drag and drop rows up and down to control the order. If a specific trade has its own custom risk set, that value always takes priority over all rules.

Example setup

Rule 1 has the highest priority — a trade tagged "High Conviction" in the Live Account gets $1,000 risk. If it doesn't match rule 1, rule 2 applies: any other Live Account trade gets $500. Rule 3 is the fallback: everything else gets $250.