Help CenterRisk rules at OneFunded are applied at the level of the trade idea, not individual positions.
A trade idea represents the combined exposure of all positions expressing the same underlying directional market thesis.
Positions may be aggregated when they:
- Trade the same instrument
- Trade correlated instruments
- Share the same directional bias
- Overlap in execution timing
- Depend on the same macroeconomic thesis
Correlated Exposure
Positions may be considered correlated when:
- Correlation coefficient is approximately 0.80 or higher
- Instruments belong to the same asset class
- Instruments historically move together
- Market structure produces similar directional behavior
Examples of correlated instruments:
- NAS100 / US30 / SPX500
- XAUUSD / XAGUSD
- BTCUSD / ETHUSD
- EURUSD / GBPUSD
OneFunded aggregates all correlated directional exposure when evaluating:
- Floating drawdown
- Risk concentration
- Margin utilization
- Exposure thresholds
Artificially dividing one large exposure into multiple correlated positions does not reduce total measured risk.
We want to ensure that the trader maintains consistent risk management across the overall trade idea, rather than assessing each position in isolation. When assets are correlated, losses can accumulate quickly across multiple positions, so this rule helps limit concentrated exposure and supports more prudent risk control.