# Risk Management Enhancement Plan

## Goal
Align risk controls with production policy: configurable thresholds, historical performance feedback, and comprehensive metrics.

## Tasks

1. **Configuration Externalisation**
   - [ ] Move hard-coded limits (max position size, daily loss, profit threshold, gas caps) into config/environment.
   - [ ] Support per-market overrides (e.g., by token pair or exchange).

2. **Dynamic Scoring**
   - [ ] Revisit `calculateRiskScore`, `calculateConfidence`, `calculateProfitability` to include real-time volatility, slippage history, and order book depth.
   - [ ] Integrate historical trade outcomes (from database) to adjust thresholds dynamically.

3. **Circuit Breaker & Monitoring**
   - [ ] Ensure circuit breaker triggers persist across restarts and expose Prometheus metrics for activations.
   - [ ] Add alerting thresholds (e.g., consecutive failures, daily loss approaching limit).

4. **Testing**
   - [ ] Add integration tests verifying risk rejections for low profit, high slippage, excessive gas price with configurable values.
   - [ ] Include fuzz/property tests for risk-related calculations.

5. **Documentation**
   - [ ] Update `docs/5_development/CONFIGURATION.md` with risk knobs.
   - [ ] Provide runbook entries for adjusting risk parameters during incidents.

## References
- `pkg/risk/manager.go`
- `pkg/arbitrage/service.go` (risk integration)
- `pkg/metrics` for monitoring hooks