Risk Settings
TraderPilot offers multiple risk settings to suit different trading styles — from a fixed lot size per trade to percentage-based multipliers. It's important to understand each option before configuring your copier.
We strongly recommend placing a test trade after configuring your copier. You can do this safely using a pending order set at a price that won't trigger, so no real trade is taken.
Risk Types
Fixed Lot
Use case: You want every trade to open at the same lot size, regardless of what the master trades.
How it works: A fixed lot value is applied to every trade on the slave account. Whatever lot size you enter will be used for all copied trades, independent of the master's position size.
Lot Multiplier
Use case: You calculate your risk per trade based on lot sizes.
How it works: The slave account's lot size is derived from the master's lot size, scaled by the percentage you configure.
Examples with a 10-lot master trade:
| Lot Multiplier | Slave Lot Size |
|---|---|
50% | 5 lots |
100% | 10 lots |
150% | 15 lots |
Fixed % Risk
Fixed % Risk is currently in BETA. We recommend testing with pending orders first to confirm lot sizing is calculated as expected before using it on live trades.
Your master trade must include a Stop Loss. Without one, TraderPilot cannot calculate the correct lot size for your defined risk percentage.
Use case: You want to risk a fixed percentage of your slave account balance on every trade, regardless of what the master risks.
How it works: You define a risk percentage and TraderPilot automatically calculates the appropriate lot size on the slave account based on its current balance and the master trade's Stop Loss distance.
Example: Your slave account balance is $100,000 and you set a risk of 1%. Every copied trade will risk $1,000, with the lot size automatically adjusted to match that exposure.