> For the complete documentation index, see [llms.txt](https://docs.trada.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.trada.io/copy-trading/configure-receiver/risk-protection.md). # Risk protection Set per-receiver loss and profit limits that act automatically: close the copier's positions, stop the copier, or both. Protection enforces loss and profit limits **per receiver**, automatically. You set them on the receiver's **Protection** tab, and the copier acts on them before a mistake becomes a larger loss.
The receiver dialog's Protection tab with Daily Protection expanded, and Overall Protection and Max Open Positions collapsed

The Protection tab — Daily Protection expanded, with Overall Protection and Max Open Positions below it.

The tab has three sections you expand to configure: **Daily Protection**, **Overall Protection**, and **Max Open Positions**. Each loss or profit limit has its own on/off switch and is set as a **percentage** (%) or a **dollar amount** ($). ## Daily Protection Caps how much a receiver can lose or gain **in one day**. The day's result counts trades closed that day plus the profit or loss on positions that are still open. A percentage is taken from the receiver's current equity. * **Daily Loss** — example: 5% on a receiver with $10,000 equity triggers when the day's result reaches −$500. * **Daily Profit** — example: $1,000 triggers when the day's result reaches +$1,000. * **Timezone Basis** — the day's totals reset at 00:00 UTC. The timezone picker on the tab doesn't change the reset time. Daily limits have no action menu of their own. When **Daily Loss** is reached, Trada takes the action set on **Max Account Loss**; when **Daily Profit** is reached, it takes the action set on **Max Account Profit**. This holds even when the overall limit itself is switched off, so check that action whenever you use a daily limit. ## Overall Protection Caps the receiver's total loss or profit, measured from its starting equity. Set each limit as a percentage or a dollar amount, and pick the **Action** it triggers. * **Max Account Loss** — example: 20% of a $5,000 start triggers if equity falls to $4,000. * **Max Account Profit** — example: $2,000 triggers when equity reaches $7,000 from a $5,000 start. ## Max Open Positions Caps how many positions can be open on this receiver at once. When the cap is reached, new sender trades aren't copied to this receiver until a position closes, and the [copier logs](/copy-trading/copier-logs.md) record each skipped trade. **0** means no limit, and is the default. ## Automated actions Each overall limit has an **Action** menu. When the limit is reached, Trada does what you picked: | Action | What it does | | ------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------------- | | **Close losing positions** (on Max Account Loss) or **Close winning positions** (on Max Account Profit) | Closes positions this copier opened on the receiver. The copier keeps running. | | **Close all positions** | Closes every position this copier opened on the receiver. The copier keeps running. | | **Stop copying** | Pauses the **whole copier**, for every receiver — not only the one that hit the limit. Open positions stay open. | | **Close all & stop** | Closes the positions this copier opened on the receiver, then pauses the whole copier. | A new receiver starts with **Close losing positions** and **Close winning positions** selected. The closing actions only touch positions this copier opened on the receiver: trades you placed yourself, or copied there by another copier, stay open. A paused copier doesn't restart on its own — see [Copier states & lifecycle](/copy-trading/lifecycle.md). {% hint style="info" %} Protection alerts are delivered **in the app** (the bell in the top navigation and the Notifications page). They are not emailed, and there are no push notifications. {% endhint %} ## How it fits together Say a receiver has **Daily Loss** at 5% and **Max Account Loss** at 10%, with the action **Close all & stop**. The moment the day's result reaches −5%: 1. Trada closes the positions this copier opened on the receiver. 2. The whole copier is paused, for all of its receivers. 3. A **Protection Triggered** entry appears in the [copier logs](/copy-trading/copier-logs.md) with the result and the limit — for example, `Your daily loss protection limit was reached - -520.00 against a limit of -500.00`. {% hint style="danger" %} **Closing actions close live positions.** When one fires, the copier's open trades on the receiver are closed at market — this can realise losses. **Stop copying** and **Close all & stop** pause the copier for every receiver. Choose actions deliberately, and pair them with limits you've chosen carefully. {% endhint %} Trada is software; you retain responsibility for your trading and for your accounts' limits. ## Related * [Add & configure a receiver](/copy-trading/configure-receiver.md) * [Copier states & lifecycle](/copy-trading/lifecycle.md) * [Copier logs](/copy-trading/copier-logs.md) * [Working hours & scheduling](/copy-trading/working-hours.md)