Risk management.Your rules, checked on every trade.
Write your trading rules into PlanningTrade once: daily and weekly drawdown, trade counts, loss per trade, consecutive losses, profit targets. Whether they are your own discipline or a prop firm’s evaluation terms, every trade that syncs in is checked against them, and a breach shows up as an alert instead of a surprise.
Rule types
Eleven rules, grouped by what they measure
Each rule is a metric, a comparison operator and a value you choose. Combine any of them in one configuration and apply it to as many accounts as share those rules.
Per day
- Daily drawdown (%)
- Maximum loss allowed in a single trading day. The rule most traders break first.
- Max trades per day
- Caps how many trades you take in a day, the simplest overtrading guard.
- Daily profit target (%)
- A percentage goal for the day, so you know when to stop.
- Daily profit amount
- The same goal as a fixed currency amount.
Per week
- Weekly drawdown (%)
- Maximum loss across a trading week.
- Max trades per week
- A weekly trade count ceiling.
Per trade
- Maximum loss per trade (%)
- How much any single trade may lose.
- Minimum profit target (%)
- The smallest target a trade should be planned for.
- Minimum risk-reward ratio
- Every trade must be planned at or above this ratio.
- Maximum trade duration
- How long a position may stay open, for rules against holding through news or overnight.
Streaks
- Maximum consecutive losses
- How many losers in a row before the rule fires. The tilt guard.
When a rule fires
What a breach looks like
A trade arrives
Synced from your platform, imported from a statement or added by hand. Rules are recalculated for the day and week it belongs to.
The rule is compared
Daily drawdown, trade counts and streaks are aggregated per account; per-trade rules check the trade itself.
You are told once
A breach creates one in-app notification with a link to the account. On Pro, an end-of-day email summarises the day’s breaches. Recalculations never notify twice.
Deeper walkthrough with screenshots: Risk management in PlanningTrade.
Questions
Risk rule questions
- Does PlanningTrade stop me from trading when a rule is breached?
- No. PlanningTrade never connects to your broker with order permissions, so it cannot block or close trades. It checks every trade that arrives in the journal against your rules and alerts you, in the app and, on Pro, by end-of-day email, so you always know where you stand against your own limits.
- Can I copy my prop firm’s exact rules?
- Most evaluation rules map directly: daily drawdown, weekly drawdown, maximum daily loss, profit targets and trade-count limits. Each rule uses a comparison operator and a value you set, so a 5% daily loss limit and a 10% overall drawdown are two rules in one configuration. If your firm uses a rule that is not in the list above, such as a trailing drawdown from equity high, PlanningTrade does not approximate it; use the closest fixed rule and keep the firm’s dashboard as the source of truth for that one.
- Can a mentor set my risk rules?
- A mentor with permission can propose risk rules for an account they have access to. You decide whether they apply. Mentors are read-only for everything else in the account.
- How many rule configurations can I have?
- One on the free plan, unlimited on Pro. A configuration can hold several rules and can be applied to several accounts, so one “FTMO 100k” configuration can cover every account on that program.
Keep your consistency. Keep your edge.
Trade with greater clarity using an all-in-one journal and risk manager. Get IP-friendly auto-sync, customizable risk rules designed to help prevent account blow-ups, an AI Coach that identifies harmful trading habits, and Mentor Mode for real accountability. A free plan is available.