Controlling the downside is the strategy, not a footnote to it.
A recovery from a large loss requires a disproportionately larger gain. Every rule below exists to keep that math from ever becoming the problem.
Our risk controls
Position Sizing
Every position is sized as a fixed fraction of risk capital, not a fixed number of shares — so no single idea can do outsized damage.
Predefined Exits
Stop levels are set before entry, not adjusted emotionally once a position moves against us.
Exposure Limits
Portfolio-level caps prevent any single sector, theme, or correlated basket of positions from dominating outcomes.
Drawdown Review
Sustained drawdowns beyond a defined threshold trigger a formal strategy review — not a silent hope for reversion.
Volatility Awareness
Position sizing adapts to prevailing market volatility rather than staying static across calm and turbulent regimes.
Full Disclosure
Drawdowns are shown on the Strategies page alongside gains — the losing periods are not edited out of the record.
The math of recovering from a loss
A 10% loss needs an 11% gain to break even. A 50% loss needs a 100% gain. That asymmetry is why avoiding large drawdowns is treated as the primary objective, not a secondary one — read more in our Insights article on understanding drawdowns.