PAPER TRADINGSimulated execution only. Live trading is disabled by default and requires explicit operator arming.

Settings

Trading modePAPER

Live tradingDISABLED (requires APEX_TRADING_MODE=LIVE and APEX_LIVE_ARMED=YES)

Risk limits{"risk_per_trade_pct":0.005,"max_portfolio_risk_pct":0.02,"max_daily_loss_pct":0.02,"max_weekly_loss_pct":0.05,"max_strategy_dd_pct":0.1,"global_dd_kill_pct":0.1}

Configuration is environment-driven (.env). Secrets are never hardcoded or committed. Runtime editing of risk limits will ship behind admin authentication in a later iteration.