Stop-Loss System

Every position opened by Prism has an automatic stop-loss to cap downside risk.

Default Behavior

• Level: 8% below entry price
• Type: Hard stop (guaranteed exit at or near level)
• Scope: Applied to every position, no exceptions during auto-trading

Stop-Loss Types

Fixed Stop

Exit at a specific price level below entry.

• Simple and predictable
• Set once, doesn't change

Trailing Stop

Dynamic stop that follows price upward:

• Moves up as price increases
• Never moves down
• Locks in profits as the trade moves in your favor

Example: Entry at $100, trailing stop at 8%. If price rises to $120, stop moves to $110.40. If price then drops, stop triggers at $110.40 — locking in a 10.4% gain.

Configuration

Stop-Loss TypeFixed / Trailing · Fixed

Stop-Loss Level3-20% below entry · 8%

Per-Trade OverrideYes / No · Yes

CANNOT DISABLE

Stop-loss cannot be turned off while auto-trading is active. This is a non-negotiable safety measure.