risk-check

name	risk-check
description	Pre-trade safety gate. Reads position, working orders, balance, and current orderbook before any order. Returns GO with state summary or NO-GO with the specific blocker. Run this BEFORE every call to bookmap_place_limit_order or bookmap_place_market_order. Use phrases like "is it safe to", "risk check", "pre-trade check", or whenever the user is about to place an order.

Risk Check

A defensive checklist Claude runs before any order placement. Stops at the first failure and reports the exact reason.

Required inputs (ask the user if missing)

• alias — instrument alias (use bookmap_list_instruments if unsure)
• side — buy or sell
• size — positive integer contracts
• price — limit price, or the literal string market

Default thresholds (edit this file to change)

Rule	Default
Max absolute net position after this trade	5 contracts
Daily unrealized PnL floor	−$500
Daily total PnL floor (realized + unrealized)	−$1,500
Max working orders per side already on this instrument	3
Max distance from BBO before a "limit" behaves like a market	5 ticks

Procedure (stop at first NO-GO)

1. Bridge alive? Call bookmap_ping. If it errors, NO-GO with "bridge offline".
2. Position state. Call bookmap_position(alias). Read position, averagePrice, unrealizedPnl.
   • NO-GO if unrealizedPnl < -500. (drawdown brake)
   • Compute projectedPosition = position + (size if side=="buy" else -size).
   • NO-GO if |projectedPosition| > 5. (size cap)
3. Working orders. Call bookmap_working_orders(alias). Count orders on the same side (matching buy/sell).
   • NO-GO if count >= 3 on that side.
4. Balance / daily PnL. Call bookmap_balance(alias).
   • Read first currency entry's realizedPnl + unrealizedPnl.
   • NO-GO if that sum < −$1,500. (day cap)
5. Price sanity. Call bookmap_orderbook(alias, depth=5).
   • If price == "market": skip price check, note it as marketable.
   • Else for BUY: NO-GO if price > bestAsk + 5 * pips. (would cross excessively)
   • Else for SELL: NO-GO if price < bestBid - 5 * pips.

Output format — ALWAYS use one of these two

Pass:

GO. {side} {size} {alias} @ {price}
  position: {position} (avg {averagePrice})
  uPnL: ${unrealizedPnl}   rPnL: ${realizedPnl}
  working orders: {workingBuys} buy / {workingSells} sell
  book: {bestBid} / {bestAsk}   spread: {spread}
You may now call the order-placement tool.

Fail:

NO-GO: {one-line reason}
  Triggered rule: {rule name}
  Current state: {the relevant numbers}
Do NOT call any order-placement tool. Address the blocker first.

Hard rules

• Never silently rerun after a NO-GO. The user must explicitly acknowledge and ask again.
• Never tweak the thresholds in the same conversation that produced a NO-GO. The thresholds protect against in-flight rationalization.
• This skill never places an order itself — only reads.