Risk Review Checklist
Purpose
This checklist gives the skill a risk-manager style review framework. It compares actual actions with the user's own documented rules. It does not create financial advice or decide whether a trade should be taken.
Checks
| Check | Required Evidence | Warning | Critical |
|---|---|---|---|
| Per-trade risk | planned max R and actual R | actual > planned by <=25% | actual > planned by >25% |
| Portfolio heat | max heat and actual heat | actual near max | actual > max |
| Weekly loss limit | max weekly loss and current weekly loss | within 10% of limit | breached limit |
| Consecutive losses | count and threshold | near threshold | at/above threshold |
| Regime gate | market regime and allowed trade types | unclear gate | trade taken against restrictive/cash-priority gate |
| Stop discipline | planned stop and actual stop changes | unclear stop change | unplanned stop move |
| Adds/trims | original add/trim rules | discretionary add/trim unclear | add to loser or add without plan |
| Correlation cluster | holdings and sector/theme exposure | concentrated exposure | new trade increases high-risk cluster |
Severity Guidance
info: observation only. No rule concern.
warning: possible issue or incomplete evidence. Human should review.
critical: explicit user rule violation or repeated pattern. Should produce
RULE_VIOLATION or COOL_DOWN depending on recurrence.
Risk Manager Language
Use objective rule language:
- Good: "Actual risk was 1.8R versus a stated max of 1.0R."
- Bad: "This was a stupid trade."
- Good: "This is a rule-adherence issue, not proof that the setup had no edge."
- Bad: "Never trade this pattern again."
Incomplete Data
If a risk plan is missing:
- mark risk findings as
unclear - ask for the missing risk plan
- avoid claiming a rule violation
- still flag actual risk values if they are present