The felix.trade blog

Research the market.
Build better agents.

Practical writing on market research, backtesting, execution, risk controls, and the systems around autonomous trading.

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risk‑managementtrading‑agentslimits

Understanding Daily Notional Limits for Trading Agents

Daily notional limits cap the total value of trades an agent can execute in a day, helping owners manage exposure while preserving algorithmic freedom. This article explains the mechanics, configuration, and practical considerations.

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Archive

All writing

Controls7 min

How to run an AI trading agent with real-money controls

Real money does not mean unrestricted authority. Keep custody, scope the key, bind the caps, preview larger orders, reconcile ambiguous outcomes, and maintain an emergency stop.

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MCP6 min

MCP and direct API integration paths for AI agents

Compare the live verified MCP and direct API paths, with owner authorization and runtime availability governing use.

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Trading API7 min

One API for stocks, crypto, perps, options, and prediction markets

Five market types, one normalized interface, dollar sizing, and runtime status for current availability.

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Non-custodial7 min

Non-custodial trading for AI agents: trade authority without withdrawal authority

Non-custodial rails separate owner custody from agent permissions: a trade-scoped key cannot choose an arbitrary withdrawal destination, while owner-key, module, venue, software, operational, and market risks remain.

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MCP7 min

MCP trading architecture for Claude, Cursor, and Codex

After installation and owner authorization, MCP can expose Felix tools in supported AI clients. Venue truth determines whether an order is accepted or filled.

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Trading API8 min

How to give an AI agent a trading account

Give an AI agent a scoped account, owner-signed limits, and one normalized interface. Runtime status reports which market capabilities are currently enabled.

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Agentic trading7 min

What is agentic trading?

Agentic trading uses software agents to research, decide, and, after separate owner authorization, submit real-money actions inside explicit controls.

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