Weekly loss limits versus daily: which do you use?

Daily limits stop single-day spirals; weekly limits catch slow bleeds across several middling days. Some traders run both, with the weekly one lower than five times the daily. Others find layered limits too bureaucratic.

What's your structure?

• the limits you run and their values
• how they interact when both are near
• whether they've saved you from a spiral

The drawdown guide explains the compounding maths behind them.