A trading plan is easier to follow when its limits are visible before the market becomes stressful. Guard is a way to organise account-level risk rules so you can see the boundaries you have chosen, rather than relying only on memory or emotion while a trade is moving.
Guard in plain language
Think of Guard as a set of guardrails for your trading plan. It can show the limits you have configured for an account, such as how much you are prepared to lose in one day or on one trade. The purpose is not to predict the market or guarantee a profit. Its purpose is to help you make the risk rules in your plan clear and consistent.
How to read the Guard overview
- Daily loss limit: A loss boundary for a trading day. Before relying on this setting, make sure you understand how the relevant account calculates it, whether open positions are included, and when the daily period resets.
- Risk per trade: The amount or percentage you decide to put at risk on one idea. This is a planning boundary, not a prediction of the result, and it should be considered alongside position size and your stop-loss plan.
- Trading session rules: Rules that can define when trading activity is permitted or restricted, depending on the settings configured for the account. They can help you keep activity within the times in your plan.
- Equity protection: A view of account equity and the protection rules connected to it. Equity can change while positions are open, so it is important to understand the account-specific definition used by the rule.
A simple example
The overview shown on the site uses a 2.0% daily loss limit and 1.0% risk per trade as an illustration. Those numbers are not a recommendation and may not suit every trader or account. The useful habit is to choose and understand your limits before opening a position, then check that your order size and stop-loss plan fit within them.
What Guard can and cannot do
Guard can make configured limits easier to monitor and apply consistently. It cannot remove market risk, prevent every loss, or turn a losing trade into a profitable one. It also does not replace learning how the product works, reviewing the applicable terms, or using a demo account to test your process.
A sensible way to get started
- Write the rule first: Decide what your daily and per-trade boundaries mean to you before you trade.
- Check the calculation: Review how each account rule is measured, when it resets, and what happens when a boundary is reached.
- Test your workflow: Use a demo environment to practise order sizing, stop-loss placement, and the rules you intend to follow.
- Review after trading: Compare the trade you took with the plan you wrote, then adjust your process thoughtfully rather than reacting to a single outcome.
Risk controls are most useful when they support a plan you understand. Before trading, review the relevant account settings and applicable terms. Trading involves risk and losses can occur.