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How to change your risk level

How to change your risk level

As part of our commitment to providing a tailored trading experience, Algocrat AI offers you the flexibility to adjust your risk settings to better align with your evolving financial goals and risk tolerance. This guide will walk you through the simple process of changing your risk level on your Algocrat AI account.
Assessing Your Risk Preferences
Before making any adjustments, it's crucial to carefully consider the level of risk you're comfortable with. If you're uncertain about which risk level best suits your trading strategy, we encourage you to revisit our “Choosing a risk level” article for guidance.
Initiating the Change

Once you've determined the most appropriate risk setting for your account, follow these steps to implement the change:

  • 1. Log into your Algocrat AI user dashboard and navigate to the 'Accounts' section.
  • 2. Identify and select the account you wish to modify.
  • 3. Click on "Change risk setting" to proceed.
  • 4. From the options presented, select your new desired risk level.
  • 5. Confirm your selection by clicking on "Change".
Confirmation and Processing

Upon submission, you'll receive an immediate success confirmation message, indicating that your request is under review by our team. During this period, you'll notice a "Pending risk change" label next to your account, signifying that your request is being processed.

Our team will promptly review your risk level adjustment. Once the change has been made, you'll be notified via email, confirming that the update is complete.

Final Steps

After receiving the confirmation email, a quick visit to the "Accounts" section of your user dashboard will reflect the updated risk level on your account. This update ensures that your account is now operating under the new risk parameters you've selected, allowing you to pursue your trading goals with a risk level that's tailored to your preferences.

There's no further action required on your part. You can continue to monitor your account's performance, secure in the knowledge that it's aligned with your revised risk tolerance.

We strive to make the process of adjusting your risk settings as intuitive and straightforward as possible. Should you have any questions or need assistance, our dedicated support team is always here to help.

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Algocrat.ai operates as a technology provider offering Software-as-a-Service (SaaS) solutions for automated trading strategies. We do not provide financial or investment advice, portfolio management, brokerage services, or act as a financial intermediary. Users retain full control over their trading accounts and funds, and all trading activities are conducted at their own discretion and risk.

Earnings & Risk Disclaimer

Trading digital currencies on margin has large potential rewards but also carries a high level of risk. You must be aware of the risks and be willing to accept them to invest in the digital currencies markets. Don't trade with money you can't afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE BEING SHOWN.

NO REPRESENTATION IS BEING MADE THAT ANY PERSON WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.

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