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Risk Manager

Note: The product is currently in beta and continues to evolve.

All core features are available, but unexpected errors may occasionally occur. Please take this into account when making trading decisions

Risk Manager is a fully automated personal account module that helps traders manage risks, control losses, and stabilize trading. Risk Manager reacts to the results of trades and stops trading when a loss is reached, according to the selected settings.

Available Features​

Risk manager settings: https://app.vataga.trading/risk-manager/

  • Daily drawdown. In USDT, calculated from the beginning of the day when it is first turned on, and the results of intraday trading are taken into account.
  • Manual trading lock. You can lock yourself for any amount of time.
  • Drawdown indicator in the PnL widget. View the set and current drawdown on the Futures page in the daily PnL widget.
  • Event logs. Risk manager activation events and manual lock settings are shown in the logs.

Highlights​

  • Only trades on Binance Futures are taken into account
  • Spot orders and purchases are not considered
  • The current drawdown is calculated as follows: when the risk control is enabled for the first time, it is calculated from the beginning of the day in UTC until the first trigger; if a custom lock is set and the risk control has been triggered, the drawdown starts counting again from the moment of unlocking; at the beginning of a new day (UTC), the current drawdown is reset and the count starts over
  • Both realized and unrealized PnL are included
  • Symbols quoted in USDT and USDC are supported, USDC at a 1:1 rate to USDT, including in multi-asset mode
  • Deposits, withdrawals, and internal transfers do not affect drawdown
  • Open positions are carried over night

Setting the drawdown:

  • The drawdown size is set in USDT
  • Risk settings can be changed only once per day
  • The drawdown limit cannot be changed through tech support

Important notes:

  • Take into account the closing fee when setting your drawdown limit. Slippage may be higher if you pay trading fees in BNB due to BNB price fluctuations
  • When trading volatile instruments with high leverage, it is also recommended to take into account possible slippage during strong market moves

When risk management triggered:

  • All active positions and orders will be canceled, including spot ones
  • Until the end of the lock period, the following actions will be restricted: placing new orders, creating and editing API keys

Manual lock​

  • Available only on Binance Futures for now
  • Can be applied at any time if trading has not been locked
  • Custom period: from 1 to 72 hours
  • Until the end of the lock period, the following actions will be restricted: placing new orders, creating and editing API keys, and risk manager settings