Stop Trading Before Losses Become a Cascade
Per-trade risk is only one layer of protection. The source also treats allowable daily, weekly and monthly risk as part of the trading algorithm.
Engineering model
An automated system can formalize this as a session-level loss budget. Every realized loss and defined open risk consumes part of that budget. As the remaining allowance falls, the engine can reduce new risk; once the hard limit is reached, new entries are blocked.
The important engineering principle is state persistence. A restart must not erase the day's accumulated loss state. The risk engine should reconstruct or persist the session budget before accepting another order.
Connected FX Nova modules
Educational software-engineering material. Trading concepts derived from the source framework are presented as models and heuristics, not guaranteed market laws or investment advice.