Guide

What multiplier to use, and why three is the ceiling

The multiplier decides how much size your account takes relative to the strategy. One means you track the published record. Everything above one multiplies the gains and the drawdown together, and the drawdown is the half that decides whether the account survives.

01 One is the setting the record describes

Every figure published for a strategy assumes you take the same proportional risk it does. At a multiplier of one, a 20.75% drawdown on the strategy is a 20.75% drawdown on you.

Change the multiplier and the published numbers stop describing your account. They still describe the strategy; they no longer describe you.

02 Two doubles the hole, not just the gain

People raise the multiplier thinking about the good months. The arithmetic runs both ways: at two, the same 20.75% stretch is roughly 41%. At three it is a little over 62%.

Recovering from 62% down needs the account to more than double just to get back to level. That is the real cost of the multiplier, and it is why it belongs near one.

03 Three is our ceiling, not a target

Above three the margin maths stops being a question of returns. A normal losing stretch starts hitting margin limits, positions get closed at the broker’s choosing rather than the strategy’s, and the account can be finished by a move the strategy itself rides out.

We publish three as a limit because people ask what the maximum is. Nobody should read it as a recommendation.

04 If you want more exposure, add deposit

Doubling the deposit at a multiplier of one gives you roughly double the position sizes with the same proportional risk. Doubling the multiplier gives you double the size on the same equity, which is a different and worse trade.

Where you set it

In the PU Prime copy form, alongside the other settings.