Hi guys!
I've been looking into tools to help out other traders. I'm researching how people handle risk controls for automated trading. Curious what happens when your bot does something unexpected. This could be something like fat finger orders, runaway losses, trading during flash crashes, etc.
Do you have any automated safeguards? Roll your own position limits? Just rely on exchange controls? Or just hope for the best?
I'm not selling anything, rather just genuinely trying to understand what the landscape looks like.
Would love to hear any stories!
How do you stop your trading bot from blowing up your account?
byu/Internal-Challenge54 inCryptoMarkets
Posted by Internal-Challenge54
2 Comments
Are you talking about grid bots or what kind of trading bot?
Clear risk limits usually matter more than entry logic, especially max position size and daily loss caps. It also helps to run long forward tests with realistic fees/slippage before increasing size.