Trader's Guard Scenarios Guide

A Scenario is a saved set of Trader's Guard rule configurations that can be applied to your trading account to enforce risk discipline over a chosen time horizon.

Scenario Rules & Operating Mechanism

A Scenario is a saved set of Trader's Guard rule configurations. Below are the key operating rules and behaviors you need to know:

• Scenario & Rule Structure: You can create multiple scenarios. Each scenario can contain one or more risk management rules.
• Selectable Active Duration (7–90 Days): When applying a Scenario, select a whole-number active duration from 7 to 90 days; the default is 7 days. The duration starts at the exact application timestamp and is shared by all rules in the Scenario.
• No Scenario Switching While Active: While a Scenario is active for the selected duration, you cannot switch to another Scenario. On the currently active Scenario, you can only update existing rule parameters or add new rules. However, you are still free to create new Scenarios, as well as update or delete rules for any saved Scenarios that have not yet been applied (not running).
• Expiration & Post-Expiration Protection:
  • Once the selected active period expires, you can freely switch to a different Scenario, delete the current Scenario, or edit/delete rules within the existing Scenario.
  • Special Protection Feature: Even after a scenario expires, its rules continue running in the background for existing open positions placed prior to expiration, preventing risk for unclosed orders.

Detailed Guides

Select one of the scenario guides below for comprehensive instructions:

• Create a new Scenario : Step-by-step instructions on creating a risk management Scenario.
• Add a commitment to a Scenario : How to select and configure risk rules within a Scenario.
• Update a commitment in a Scenario : Modify rule parameters or violation actions inside a Scenario.
• Disable or remove a commitment : Deactivate or remove an existing rule from a Scenario.
• Apply a Scenario to an account : Activate a Scenario with a chosen duration of 7 to 90 days.
• Rename a Scenario : Change the name of a Scenario to match your strategy.
• Update a Scenario : Save all rule adjustments to the stored Scenario.
• Delete a Scenario : Remove an obsolete Scenario from your account.

Best Practices

1. Use clear scenario names. Name each scenario by its purpose, such as Strict Risk Control, Normal Trading, or News Protection. Clear names help you choose the right scenario quickly.

2. Review the rules before saving a scenario. Before creating or updating a scenario, open the active rules and confirm their thresholds, units, and penalties. This helps prevent saving an unintended configuration.

3. Create separate scenarios for different trading conditions. Keep different rule sets for different purposes, such as a new account setup, normal trading, news trading, or a period when you want tighter risk control.

4. Apply scenarios carefully. When switching to another scenario, review the rule list in the confirmation dialog before clicking Apply. The selected scenario will change the guard rules used by the current account.

5. Save changes after editing scenario rules. If you edit rules while a scenario is selected, click Save changes to update that scenario. Otherwise, the changes may not be stored in the saved scenario.

6. Delete scenarios you no longer use. Keep only the scenarios you actively need so the scenario selector stays easy to understand and less error-prone.