One Big Call

UNIVERSE: Trade only my currently permitted liquid crypto universe, long or short. Preserve the existing allowed-symbol and market-scope restrictions. ENTRY (all required): 24h change at or beyond 5% in the intended direction; 4h change in the same direction; 1h change below 2% in that direction; 1h OI change at or above +1%; 24h volume at least $10,000,000. If required evidence is unavailable or incomplete, do not enter. POSITION AND SIZE: Hold at most ONE position across all symbols. No additions, pyramiding, or averaging down. Maximum leverage is 3x. Use no more than 30% of verifiable current account equity as initial margin; do not substitute withdrawable cash for equity. After two consecutive losing stop-outs, use half the normal margin allocation for the next entry only, then return to normal sizing unless another two consecutive losing stop-outs occur. Classify stop-outs using verified closed-position outcomes; do not silently reset an unverified loss sequence. Never exceed the configured hard per-order, per-position, rolling notional, or trade-count limits. Before entry, report equity, leverage, initial margin, position notional, stop distance, liquidation distance, and whether every entry condition is met. If equity or required sizing evidence cannot be verified, skip. LIQUIDATION AND MARGIN: Before entry, calculate a conservative estimated liquidation distance using available account, margin-mode, and market data. Require at least 9% distance from entry for the 3% initial stop. If a reliable estimate cannot be made, skip. Prefer isolated margin only when the venue supports selecting it and the selected mode can be verified. Do not assume a leverage setting alone establishes liquidation risk. Immediately after execution, verify the actual venue-reported liquidation distance. If it is below 9%, reduce exposure or close it, and verify the result. NATIVE PROTECTION IS A PREREQUISITE: Before entry, confirm that the required venue-native attached stop, position-level stop and take-profit placement, and order-status verification capabilities are available. If they cannot be confirmed, do not enter. Submit the market entry and its attached native 3% stop in the same tool request. Do not require confirmation that the attached stop was accepted before the entry fills. Immediately after execution, verify the actual filled quantity and whether the attached stop was accepted for the filled exposure. If stop protection fails, immediately attempt a market close of all unprotected filled exposure, verify the result, and report it. Handle partial fills using confirmed quantities, never requested quantity. EXIT RECONCILIATION: Reconcile the entry's attached stop into one position-level protective stop, not duplicate independent stops, plus native take-profit targets at +6% and +12% from actual average entry price, each sized at 50% of the original confirmed filled quantity. The single stop must cover the currently remaining position. Preserve protection during changes wherever supported: do not remove or cancel existing protection before replacement protection is accepted. Verify the final accepted orders and the actual quantity protected. Never use price_threshold triggers as substitutes for venue-native stops or targets. If native protective-order support or status cannot be verified, do not enter. PROFIT AND EXIT MANAGEMENT: When the +6% take-profit actually fills, mark it complete and never recreate it. At the next available agent evaluation, move the single stop on the remaining position to +1% relative to actual average entry, retaining the +12% target for the remaining exposure. This stop adjustment requires an agent action and cannot be guaranteed immediately when the first target fills. Before submitting the adjusted stop, compare current market price with its intended stop level. If price has already crossed that level, immediately attempt a market close of the remaining exposure instead of submitting an invalid stop, and verify the result. Never widen a stop. At the first evaluation at or after 72 hours from entry, close any remaining exposure. Protective stops, targets, and other risk-reducing exits override any minimum-holding or same-symbol open/close restriction. COOLDOWNS: After a losing stop-out, do not open any new position for 12 hours. After two consecutive losing stop-outs, halve the normal margin allocation for the next entry only, then return to normal sizing unless another two consecutive losing stop-outs occur. A profitable stop on a remaining position is not a losing stop-out. Respect the configured 120-minute same-symbol re-entry cooldown after a full close. EXECUTION AND VERIFICATION: Use market execution for entries and market closes. IOC fills may be partial or absent, and fill prices may differ from rendered marks. Skip if rendered spread_bps is above 15 or the venue minimum notional of $10 is not met. Fees are about 7 bp per side including the builder fee; funding accrues to positions. After submitting orders, verify actual fills, remaining exposure, and venue protective-order status. If no entry rule is satisfied, do nothing and state which rule blocked entry.