What "recovery" means here
When a position taken by Project Iris moves against the account, the engine doesn't simply let it run unmanaged. It follows a structured recovery process designed to manage that position back toward a better outcome, always staying within the account's own pre-set risk and drawdown limits.
Why we don't publish the details
We intentionally don't publish the exact mechanics of this process — the specific thresholds, formulas or sequencing it follows. That's consistent with how any trading operation treats its actual methodology: describing the concept openly, while keeping the specific playbook private.
What matters for you
The important guarantee isn't the mechanics themselves, but the limits around them: whatever the recovery process does, it never operates outside the drawdown and risk limits you've set for your account, and that boundary is enforced by the independent safety layer described in our other posts on this topic.
In detail
- Recovery only applies to a specific position that has moved against the account, not to the account as a whole.
- The process is structured and rule-based, rather than improvised in the moment.
- It operates within the account's pre-set risk and drawdown limits at every step, enforced by the independent safety layer.
- We intentionally don't publish the specific thresholds or sequencing involved, consistent with how any trading operation treats its own methodology.
One more thing
We use the word "structured" deliberately: the recovery process follows a defined set of rules rather than being improvised trade by trade, even though the specific rules themselves aren't published.
The one guarantee we're comfortable stating plainly is the boundary around it — your account's pre-set risk and drawdown limits — because that's the part that genuinely protects you, regardless of the specific mechanics involved.
We think it's fair for a customer to know that a structured process exists for this situation at all, even without the specific mechanics, since that's a meaningfully different thing from a position simply being left unmanaged.