What are the risk management conditions at HyroTrader?

All traders must comply with the following risk management parameters.

Maximum Risk Per Trade

Traders must not risk more than 3% of their initial account balance per position. A position refers to all trades or positions on the Cleo platform that are open under the same altcoin. A triggered stop loss must not exceed this limit. If your stop loss is set higher than 3% of your initial account balance, you have breached the maximum risk per trade rule. This limit is crucial for effective risk management and capital protection. Please note that commissions are included in the maximum risk per trade calculation and can be viewed in your final trade P&L.

Note: The trader can use more than 3% of their capital in a single position, as long as the risk/stop loss (realized or unrealized loss) does not exceed 3% of the account balance.

Profit Distribution Rule

No single trading day may contribute more than 40% of the trader’s total profit. For the purpose of this rule, only positive profit generated during a trading day is considered, losses do not offset the daily profit contribution. This prevents reliance on one exceptionally profitable day and encourages consistent and responsible trading behavior. This rule is valid only during the evaluation (Phase 1 and Phase 2).

Stop Loss Obligation

A stop-loss is required for every position to control potential losses.

Requirements

• Traders have 5 minutes from entering a trade to set a stop-loss.
• The maximum risk per position is limited to 3% of the initial account balance.
• A potential loss of 3% is immediately activated once a stop loss (SL) is set.

Monitoring & One-Time Correction

This rule is monitored in real time.

If a stop-loss is not set correctly:

• You will receive a one-time email notification.
• You will have 1 hour to correct the issue.
• This flexibility is available once per account.

If the stop-loss is not updated within that hour, the account will be marked as failed.

Any repeated violation will result in immediate account failure without additional warning.

Valid Stop-Loss Setup

To be recognized as valid, the stop-loss must be placed using the TP/SL function, either as:

• Stop Loss
• Trailing Stop Loss

The following are not accepted:

• Conditional order triggers
• Limit close orders

If the stop-loss is not placed using the approved method, it will not be recognized and will result in a rule violation.

Stop-Loss Adjustment Rules

When modifying your stop-loss:

• Do not cancel it outright.
• Always edit the existing stop-loss instead of removing it.

Canceling a stop-loss without adjusting the position (e.g., partial close or adding to the trade) may result in the system not granting the additional 5-minute allowance and can lead to a violation.

Martingale Strategy

The use of the Martingale strategy is strictly prohibited. Martingale is a high-risk betting system that involves doubling the stake after each losing trade. This strategy can lead to substantial losses and goes against responsible trading practices.

Prohibition of Hedging Across Different Accounts

Traders are prohibited from hedging positions across two or more different accounts simultaneously. Hedging involves opening opposite positions with the intent to offset potential losses, which can result in decreased transparency and increased risk. Hedging is allowed on a single Bybit account but is not supported on the Cleo platform.

Account Review Process

Accounts are subject to regular manual reviews, during which we assess for signs of gambling or an “all-or-nothing” mentality. In cases of extremely high risk, we retain the right to implement any of the following actions:

• Issuing a warning
• Removing account profits
• Adjusting the payout
• Temporarily reducing profit splits
• Rejecting withdrawal requests
• Terminating the account in full