Daily Max Loss — how to set it

Daily Max Loss halts new entries once simulated or live P&L breaches your dollar threshold for the session. Set it to a fixed amount you are willing to lose in one day — not a percentage of peak equity unless you update it regularly.

Position sizing philosophy

XtradeReverse supports fixed lots, Kelly-based sizing, and Martingale recovery modes. Beginners should start with fixed minimum lots until EV and win rate stabilize over at least 30+ trades in your market and timeframe.

Martingale mode — what it is and when NOT to use it

Martingale increases size after losses to recover debt. It can escalate drawdowns rapidly in streaky markets. Do not use Martingale until you fully understand debt caps, max lots, and daily halt interaction. Most professionals use fixed or Kelly sizing only.

Recommended settings for beginners

  • Fixed 1 lot (or minimum contract size)
  • Daily max loss = 2× your average losing day
  • Martingale: Off
  • Max position lots: 1–2
  • Review Full stats HUD weekly for EV and loss streak distribution

How the equity curve tracks your performance

The equity plot and floating stats window show cumulative simulated P&L by trade. Use it to verify strategy health after parameter changes — not just individual wins. A rising equity curve with controlled giveback (MFE capture %) indicates sustainable edge.