Evaluation rules · Rookie
Maximum position size
Also searched as: contract limit, maximum lots
What does Maximum position size mean?
Maximum position size is the largest exposure a program allows at one time, often expressed in contracts or lots. Multiple open orders can together exceed the limit.
Example
A five-contract ceiling permits two contracts plus three contracts, but no additional contract.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Check how different instruments and micro contracts are counted, and whether the cap changes with scaling.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.