Enforce every account's rules while the trade is live.
MimikTrader monitors each copied account in real time and acts when a configured rule is breached — daily loss, trailing drawdown, profit protection, the consistency rule, auto-flatten, and account locks.
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Rule types
The rules prop firm traders actually need to enforce.
Each rule is configured per account (or per copy group, where the rule is naturally group-scoped) and checked on every tick of the live trade.
Daily loss limits
Stop an account when it reaches the daily loss limit you configure. Checked on every tick, not just at order placement.
Trailing drawdown
Monitor drawdown behavior against the rules you set for that account, including scale-with-profit drawdown for funded accounts.
Profit drawdown
Cap how much an open loss can give back against your profit base — the greater of the day's realized profit and your trailing drawdown amount — so a winning session does not turn into a loss. Configurable per account.
Consistency rule
Enter your firm's consistency percentage and MimikTrader computes today's exact dollar cap and flattens before your best day breaks the rule. Built for Apex, Topstep, MyFundedFutures, and any percentage-based consistency requirement.
Auto-flatten on breach
The moment the live engine detects a breach, open positions on that account are flattened automatically — before the damage compounds.
Account locks
After a rule breach, new copied trades are blocked from entering that account until the lock is cleared.
Always verify your current prop firm rules and configure your limits correctly. Prop firm rules can change.
Consistency rule
The rule that costs traders their payout, enforced live.
Most firms cap your best single day at a percentage of total profit — cross it and the payout or evaluation is gone. Tracking that cap by hand mid-session is exactly how it gets broken. MimikTrader computes the cap on every tick and flattens the account before you cross it.
Example
Your firm allows a 30% best day. You are $8,000 into the account with a $2,100 best day. MimikTrader computes today's cap at $3,428 — and with your 10% safety margin, flattens and locks the account at $3,085 in day P&L, keeping the day inside the rule.
- Enter your firm's exact percentage — Apex, Topstep, MyFundedFutures, and others all differ
- Goal mode (eval / payout target) or rolling mode that tracks profit as it grows
- Configurable safety margin (5–25%) flattens early to absorb slippage and detection lag
- Each day's result folds into your profit-to-date and best-day figures automatically at the 5:00 PM CT reset
- Built-in planner suggests settings from your starting balance, goal, and minimum trading days
Everything included
Every setting, spelled out.
This is the full list — every rule below is configurable per account on the risk dashboard and enforced by the live engine. No hidden tiers inside the Risk Engine.
Daily controls
Daily loss limit
Blocks new entries and flattens + locks the account the tick your day (realized + open P&L) hits the limit.
Daily profit target
Bank the green day — flattens and locks once today's total P&L reaches your target.
Max trades per day
Caps how many opening trades an account can take in a session. Closing trades are never counted or blocked.
Green-day profit lock
Arm at a profit level, protect a floor. If the day retraces from your peak back to the floor, MimikTrader flattens and keeps the green day.
Consecutive-loss lockout
After N losing trades in a row, new entries are blocked for the rest of the session. Existing positions stay yours to manage — it never force-closes.
Prop-firm protection
Consistency rule
Keeps your best day under your firm's consistency percentage — computed live, flattened before the breach. Detailed below.
Trailing drawdown
Tracks your equity high-water mark and flattens + locks if equity falls your configured dollar amount below it. The strictest lock — it does not auto-clear.
Profit drawdown %
Caps how much of your profit base an open loss can give back before the account is flattened and locked for the day.
Scale drawdown with profit
Once the day's realized profit reaches twice your trailing drawdown amount, the give-back allowance automatically widens to 50% — room to press a winning day.
Weekly controls
Weekly loss limit
Cumulative weekly P&L floor. Breach flattens + locks until the Sunday 5:00 PM CT reset.
Weekly profit target
Lock in the week — flattens and locks once cumulative weekly profit reaches your target.
Sizing & manual control
Cross-contract copying
Per follower, copy the leader's trade into the micro or mini equivalent — NQ→MNQ, ES→MES, YM, RTY, CL, GC — so each account trades at its own scale.
Timed account lock
Pause an account on demand for 1–48 hours: working orders cancelled, position flattened, new entries blocked until the timer expires.
On every breach: the position is flattened (where the rule flattens), the account is locked, and the event is recorded and sent to you as a notification. Daily locks clear at the 5:00 PM CT reset, weekly locks on Sunday, and closing or reducing a position is never blocked by any rule.
How it works
Enforcement is built into the copy flow.
Risk checks are not a separate process — they are part of how every copied trade enters and lives in each account.
Step 01
Leader trade placed
You place a trade on the leader account from your platform.
Step 02
Pre-trade rule check
MimikTrader checks each follower account's settings — sizing, configured risk rules, and account state.
Step 03
Valid orders routed
Followers that pass pre-trade checks receive the copied order with the correct sizing.
Step 04
Live monitoring
Each account is monitored against its own daily loss, drawdown, and profit-drawdown limits while the trade is live.
Step 05
Breach action triggered
If an account breaches a configured rule, MimikTrader flattens the position and locks the account automatically.
Step 06
Event recorded
The fill, breach, flatten action, and account lock are written to the audit trail with timestamps.
Per-account isolation
One breach should not take down every account.
Each account in MimikTrader can use its own rules. If one account breaches a limit, that account can be flattened or locked without stopping the entire copy group.
Example
You run five accounts. Account 02 has a smaller balance and tighter daily loss. When Account 02 reaches its limit, MimikTrader locks Account 02 while Accounts 01, 03, 04, and 05 continue following the copy group.
Auto-flatten and lock
Flatten the account before the mistake spreads.
When a configured risk rule is breached, MimikTrader can flatten the affected account and block new trades from entering it.
- Close open position on breach
- Lock account after breach
- Block new copied trades
- Record the event
- Keep unaffected accounts active
In a live trade
What happens when one account breaks a rule?
One leader trade. Five follower accounts. One breach. Here is what MimikTrader does about it.
Copy group · 1 NQ contract leader trade
After breach event
Account
Firm / size
Status
Day P&L
Account 01
Apex 50K Eval
Active+$420
Account 02
Topstep 50K Funded
Active+$380
Account 03
MFFU 50K Eval
Locked-$1,000
Account 04
Bulenox 100K Eval
Active+$840
Account 05
Tradeify 50K Eval
Active+$420
Step 01
Trade copied across five accounts
You place a trade on the leader account. MimikTrader sends the correct order to each follower based on its copy settings.
Step 02
One account reaches its daily loss limit
Account 03 hits the configured daily loss threshold while the copied position is still live.
Step 03
MimikTrader flattens the affected account
The breached account is closed according to your configured flatten rule.
Step 04
The account is locked
New copied trades are blocked from entering that account until the lock is cleared.
Step 05
Other accounts keep running
Accounts 01, 02, 04, and 05 continue following the copy group because they did not breach their rules.
Step 06
The event is recorded
The fill, breach, flatten action, account lock, and timestamp are written to the trade record.
Audit trail
Every risk event is visible.
Copied orders, fills, rule checks, breach events, flatten actions, account locks, and account status changes are recorded so you can review what happened.
Journal · today
Time
Account
Event
Rule
Action
09:42:18 CT
Account 03
Order filled
—
Recorded
10:18:03 CT
Account 03
Daily loss reached
Daily loss $1,000
Flatten
10:18:04 CT
Account 03
Position flattened
—
Locked
10:18:04 CT
Accounts 01–02, 04–05
Continuing copy
—
Active
FAQ
Risk Engine — common questions
No. It enforces the rules you configure, but you are responsible for confirming those rules and understanding broker, market, latency, and prop firm limitations.
Yes. Enter your firm's consistency percentage plus your goal or running profit, and MimikTrader computes today's exact dollar cap live. If the day approaches the cap, the account is flattened and locked before your best day breaks the rule — with a configurable safety margin for slippage. Your profit-to-date and best-day figures update automatically at each daily reset.
No. Closing, reducing, and flattening orders bypass every risk limit by design. Rules only ever block or flatten exposure — they can never trap you in a trade.
Daily-class locks (daily loss, profit target, max trades, profit drawdown, green-day lock, consecutive-loss, consistency) clear at the 5:00 PM CT daily reset. Weekly locks clear at the Sunday 5:00 PM CT reset. A trailing-drawdown lock is deliberately the strictest — it does not auto-clear. Timed manual locks clear when their timer expires.
Yes. Independent rules per account is one of the main reasons to use MimikTrader. Daily loss, drawdown, profit drawdown, and lock behavior are all per-account.
New copied trades are blocked from that account based on your lock settings. Other accounts in the copy group continue to follow the leader if their own rules have not been breached.
No. It adds a software control layer on top of broker and exchange behavior. Your broker, exchange, and prop firm rules still apply.
Trades are evaluated in real time. The risk monitor reacts to live price ticks rather than polling on an interval, so enforcement happens while the trade is live, not after.
Start copying with rules enforced automatically.
Set up your accounts, define your limits, and copy trades with account-level protection running in real time.
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