> For the complete documentation index, see [llms.txt](https://landingnet.gitbook.io/doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://landingnet.gitbook.io/doc/documentation/copy-trading/risks-and-safety.md).

# Risks and Safety

These settings protect your capital by limiting positions, capping losses, and rate-limiting order execution.

## Risk Management

| Setting                      | Description                                         | Default | Range      |
| ---------------------------- | --------------------------------------------------- | ------- | ---------- |
| **Max Open Positions**       | Maximum simultaneous positions                      | 10      | 1 - 1,000  |
| **Min Holding Time**         | Minimum time before a position can close (minutes)  | 5       | 0 - 43,200 |
| **Emergency Pause**          | Auto-switch to Reduce Only when a risk limit is hit | Enabled | On/Off     |
| **Max Drawdown (%)**         | Portfolio drawdown threshold for emergency pause    | 15%     | 0 - 100%   |
| **Daily Loss Limit (USDC)**  | Max daily loss before emergency pause               | 0 (off) | 0+         |
| **Weekly Loss Limit (USDC)** | Max weekly loss before emergency pause              | 0 (off) | 0+         |

### Emergency Pause

When enabled, the bot automatically switches to **Reduce Only** if any risk condition is met (drawdown, daily loss, or weekly loss). It will only close existing positions until you manually re-enable it.

{% hint style="warning" %}
Emergency pause does **not** close your positions. It only stops the bot from opening new ones. Existing positions remain open on Hyperliquid.
{% endhint %}

{% hint style="info" %}
Keep emergency pause **enabled**. It's your safety net against unexpected market conditions or erratic source trader behavior.
{% endhint %}

## Take Profit & Stop Loss

{% hint style="info" %}
This feature is **coming soon**. Settings are visible in the form but currently disabled.
{% endhint %}

Planned features include default TP/SL percentages on every position, trailing stops with configurable activation and distance, and the option to place take profits as limit orders.

| Setting             | Planned Default |
| ------------------- | --------------- |
| Default TP / SL     | 0% (disabled)   |
| Trailing Stop       | Disabled        |
| Trailing Activation | 15%             |
| Trailing Distance   | 5%              |

## Time Filters

Restrict when your bot can place new orders.

| Setting                 | Description                        | Default       |
| ----------------------- | ---------------------------------- | ------------- |
| **Enable Time Filters** | Toggle time-based restrictions     | Off           |
| **Trading Days**        | Days of the week the bot can trade | All (Mon-Sun) |
| **Trading Hours**       | Allowed window in HH:MM format     | 00:00 - 23:59 |
| **Timezone**            | Timezone for the window            | UTC           |

{% hint style="warning" %}
Existing positions remain open during off-hours. If a source trader closes a position during your off-hours, that trade won't be copied.
{% endhint %}

## Cooldown

Rate-limits how frequently your bot places orders. Protects against rapid-fire trades from source wallets.

| Setting                     | Description           | Default | Range      |
| --------------------------- | --------------------- | ------- | ---------- |
| **Enable Cooldown**         | Toggle rate limiting  | Enabled | On/Off     |
| **Min Time Between Orders** | Minimum gap (seconds) | 10      | 0 - 3,600  |
| **Max Orders per Minute**   | Per-minute cap        | 10      | 1 - 1,000  |
| **Max Orders per Hour**     | Per-hour cap          | 100     | 1 - 10,000 |

All three limits apply simultaneously when cooldown is enabled. The defaults work well for most strategies.


---

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