Hi Richard,
In the Prop Firm Robot app you need to select the account size, the Max daily DD, the Max DD, the risk, and the Profit target. When you download the robots these limits are built into the robots. If you select a risk of 1%, when you download the robots each robot will have a risk of 1%. The 1% means you are risking a DD of 1% for each robot. So if you are trading 5 robots then your total account risk is 5%. Since your DD limit is 4% then you either need to trade fewer robots or you need to adjust the lot size on each robot. Since your account has a max DD of 4% it might be a good strategy to limit your total account risk to 3%. So it you just reduce the lot size of each robot to half their value you would have a max account risk of 2.5% not far from 3%. You could start there!
Alan,