ANKHORE Pilot applicationTR
BEHAVIORAL RISK MANAGEMENT APP

The losing position gets closed. The real risk starts with the decisions that follow.

At critical decision moments such as applying SL and TP, setting position size, and entering and exiting trades, Ankhore shows where you are breaking away from your core strategy, where possible before you make the decision. It tracks your trading behavior without you having to enter anything by hand, and reports the behaviors that create risk and what they cost you.

It lets you make your decisions with reason, not emotion.

Apply for the closed pilot See how it works →
Does not provide investment advice, trading signals or order transmission.
ANKHORE PRODUCT PREVIEW WITHIN PLAN
app.ankhore.ai VİOP · INDEX FUTURES · FRONT MONTH SESSION 0413 WITHIN PLAN 10:14
PRICE · PLAN LEVELS 1 POINT = ₺10/LOT
OPEN RISK · INTRADAY DAILY LIMIT ₺7,500
OPEN RISK ₺3,400
LIMIT USAGE 45%
POSITION / REFERENCE 1.0×
DECISION TRACE · linked decision timeline
10:02 · Entry within plan · 4 lots · open risk in the usual range
10:14 · First loss · −₺3,400
10:21 · Position went from 4 lots to 9 lots
10:24 · Stop-loss distance went from 40 points to 95 points
10:31 · 4 lots added to the losing position
10:38 · 5 additional lots · open risk ₺16,850
XU030 12,508.00 −0.42% XU100 11,288.28 −0.31% USDTRY 48.17 +0.18% VIX 19.40 +2.60% ANKHORE PRODUCT PREVIEW
ANKHORE WITHIN PLAN
TODAY · SESSION 0413 Your decisions are within your personal trading reference.
OPEN RISK ₺3,400
DAILY LIMIT USAGE 45%
Position size 1.0×
Stop usage as planned
Trading pace usual
INTERVENTION LADDER
MONITOR WARN SLOW DOWN INTERVENE

Big wins trigger impulsive decisions just as much as losses do, and set off a flawed decision chain.

While the news flow, rate decisions and geopolitical shocks keep coming, a trader makes decisions at short intervals.

Making decision after decision is tiring. As fatigue builds, you change your position size, stop-loss distance and re-entry speed without noticing.

Share of retail CFD accounts that lose money 89%
89 out of 100 accounts are losing money. EU retail CFD accounts · ESMA, 2018
VİOP margin calls 9.53×
NORMAL DAY ₺382 mn
STRESS DAY ₺3.64 bn
Recorded on May 21, 2026. Takasbank VİOP TCR · 126 trading days · 9.53× the median trading day of the previous six months

How does the Ankhore Risk Engine get to know you?

It learns your trading history and your strategy. It detects when you deviate from your own normal. Ankhore AI assesses where and why risk changed in the context of the live market, and intervenes when necessary.

Bring your trading history and strategy into Ankhore.

CSV PDF BROKER REPORT SCREENSHOT STRATEGY INPUTS ANKHORE ENGINE PERSONAL TRADING PROFILE BASELINE FORMED

Your trading data from CSV and PDF files, broker reports and screenshots is brought into the system.

In a short Q&A you describe your strategy, your approach to risk and your trading style.

The Ankhore Risk Engine scans your past trades, produces a post-mortem analysis of critical events, and builds your personal reference so it can recognize you deviating from your own strategy in the future.

It learns what normal trading behavior looks like for you.

TRADER ANKHORE BASELINE · USUAL RANGE POSITIONSIZE STOPUSAGE TRADINGPACE RE-ENTRY

Every trader's position size, trading frequency, stop usage, holding time and re-entry behavior are different.

Ankhore compares you not with other traders but with your own trading history and strategy.

That is how it builds your personal behavioral baseline, which tells apart the changes that are truly unusual for you.

It catches the deviation and confirms it by reading the market.

ANKHORE BASELINE DEVIATION MARKET NEWS PORTFOLIO ANKHORE AI CONTEXT ANALYSIS

The Risk Engine detects deviations from your personal baseline, such as sizing a position up beyond normal, widening your stop, increasing your trading frequency after a loss or re-entering without a plan.

Ankhore AI then reassesses that signal against live market data, the current state of your portfolio and connected news sources.

That way it tries to tell a reasonable response to a sudden market move apart from behavior that genuinely breaks away from your strategy.

It calculates the risk and intervenes.

OPEN RISK MONITOR WARN SLOW DOWN INTERVENE INTERVENTION LADDER ESCALATES

Ankhore calculates the deviation's impact on your capital, your open positions and your strategy.

When risk rises, it picks the appropriate intervention level: it warns first, adds friction to the decision moment if needed, and brings in stronger intervention options within the permissions the user has granted in advance.

With broker integrations, the goal is to be able to make this intervention before the order is executed.

80.7% Participants who deviated from their plan after reaching a gain or loss limit The deviation was toward taking more risk. Heimer et al. · Soft Plan experiment · non-binding limit · N=149
Product preview · in development

Your trade results flow in automatically. Ankhore makes visible where you broke away from your discipline.

Ankhore automatically processes the trade confirmations and statements that arrive in the email inbox you authorize. Broker integrations make the same flow real-time.

See your past performance not only through results, but together with your decisions.

Ankhore analyzes your trading history and builds a trading profile specific to you. It compares your win rate, expectancy, P&L, drawdown and strategy performance across different periods, making visible the conditions in which you trade better and how your risk behavior changes.

Ankhore Baseline rests on five dimensions for each strategy: position size, risk per trade, trading frequency, holding time and stop-loss distance. From this history, Ankhore builds your personal trading reference.

Understand not what you earned, but how you earned it and where you started to lose.

It isn't one loss that grows the risk, but the decision chain that follows it.

Ankhore follows your trades not one by one but as linked decisions. When sizing up, a stop change, a re-entry and rising open risk come together in the same chain, it shows where the risk accelerated and raises the intervention level accordingly.

The problem is usually not a single decision. It is the decisions that follow one another.

It doesn't just catch the deviation. It also tries to understand why it happened.

The Risk Engine detects behavior that departs from your personal normal. Ankhore AI reassesses that signal against your past behavior, your open positions, live market data and the current news flow. That way it tries to tell a decision that market conditions called for apart from a genuinely risky behavior pattern.

The same behavior doesn't mean the same thing in every market condition.

The decision is yours. So is the protection level.

You decide when Ankhore only warns you, when it adds friction to your decision and in which situations it temporarily pauses the trade. When a risky decision moment comes, Ankhore activates the rules you enabled in advance.

INTERVENTION LEVEL

The goal isn't to trade for you; it's to remind you of your own rules at the moment you need them most.

ANKHORE PRODUCT PREVIEW
app.ankhore.ai PERSONAL TRADING PROFILE DECISION CHAIN AI CONTEXT ANALYSIS DECISION MOMENT WEEKLY REPORT PREVIEW 10:41
ANKHORE BASELINE · personal trading reference
Position size 2.8× usual
Risk per trade 225% of limit
Trading frequency 3 min apart
Holding time shortened
Stop-loss distance 40 → 95 points
IMPACT LEDGER · record of past economic outcomes It matches each decision chain to the realized profit and loss. It does not calculate an outcome that did not happen.
PLAN FIDELITY · a view on separate axes Risk limits. Position size. Stop-loss behavior. Take-profit behavior. Trading pace. Re-entries. No aggregate score.
DECISION TRACE · linked decision timeline
10:02 · Entry within plan · 4 lots · open risk in the usual range
10:14 · First loss · −₺3,400
10:21 · Position went from 4 lots to 9 lots
10:24 · Stop-loss distance went from 40 points to 95 points
10:31 · 4 lots added to the losing position
10:38 · 5 additional lots · open risk ₺16,850
11:02 · Planned position closed at target · 4 lots · +₺2,400
11:19 · New entry · 8 lots · 2× usual · ₺7,600 risk
11:47 · Simultaneous entry into a second instrument · ₺3,200 risk
Open risk is 225% of the user-defined daily limit of ₺7,500. Total open risk: ₺10,800 · 144% of the user-defined daily limit
DEVIATION ALERTS Position size rose above your personal reference. Stop distance moved markedly away from your trading plan. A pattern of sizing up after losses was detected.
AFTER A WIN The same comparison works after a win too. What's measured is how far the decision moved away from your personal trading reference.
OPEN RISK · DAILY LIMIT 225% 144%
WARNING · Averaging-down tendency Your behavior of adding to a losing position has moved markedly away from your personal reference.
PAST PATTERN In the past, this behavior pattern has appeared especially together with sizing up after losses and loosening stops. LIVE CONTEXT In these market conditions, your tendency to add to losing positions appears to have increased in the past.
HIGH RISK The behavioral deviation is not sufficiently explained by current market conditions and matches your personal risk pattern.
RECOMMENDED INTERVENTION · URGENT Your active protection rule: a hard SL is required before sizing up. Set your hard SL level to continue.
WARN Your stop distance has gone beyond the level in your plan. Current position risk is above your personal reference.
SLOW DOWN You're 2.3% away from your target price. 4 h 32 min until the market close. In the last 30 days, you closed 66% of your profitable trades before they reached the target you set. Wait for the targetClose anyway Ankhore doesn't forbid the decision; it makes it harder to make on autopilot.
REVENGE TRADE RISK TRADE TEMPORARILY PAUSED 3 minutes after your last loss, you're trying to place a new order at 2.8× your usual position size. The 20-minute break rule you enabled to break an unhealthy decision chain is active. You enabled this protection rule.
Protection level: User-defined
INTERVENTION LADDER
MONITOR
WARN
SLOW DOWN
INTERVENE
MONITOR
WARN
SLOW DOWN
INTERVENE
MONITOR
WARN
SLOW DOWN
INTERVENE
Weekly performance report 11 METRICS · 6 MATHEMATICAL · 5 BEHAVIORAL
Mathematical view 01 net result 02 hit rate 03 average win and loss 04 risk-return relationship 05 maximum open risk 06 strategy performance
Behavioral view 07 change in position size after a loss or win 08 stop-loss and take-profit changes 09 fast re-entries 10 trading pace 11 recurring decision patterns
THIS WEEK'S COSTLIEST BEHAVIOR PATTERN Sizing up after losses
Over time, Ankhore shows more clearly in which market conditions and in which decision chains you depart from your own normal.

Every verified trade strengthens your personal trading reference. Over time you see more clearly in which strategy, in which market conditions and after which decisions you step outside that reference.

WHO IS IT FOR?

Lack of discipline puts the trader's capital and the firm's customer at risk.

INDIVIDUAL TRADERS

If one of these sounds familiar, Ankhore is made for you.

Ankhore is designed for individual traders who trade regularly and want to protect their strategy's edge with discipline, trade after trade.

INNER VOICE LOOP · 08 LINES

The problem isn't that these thoughts cross your mind. It's not noticing when they start to take the place of your plan.

Ankhore was designed to catch exactly these moments.

And you're not alone. The same behaviors recur across hundreds of thousands of traders.

Anyone can fall into these traps. The difference is being able to stop your own behavior in time.

187,521 traders were studied. The two most common deviations are very familiar.

MOST COMMON REACTION IN A LOSS Moving the stop-loss further away
Entry Planned stop-loss Stop-loss moved away
MOST COMMON REACTION IN A GAIN Exiting before reaching the take-profit level
Entry Take-profit · Not reached Manual exit
Deviation from real trading plans Heimer et al. · AER 2025 · international online broker · 150+ countries · 2013–2015
DETAILSSee your decisions against your personal trading reference.
Ankhore pulls your trading data automatically from the source you authorize; you don't need to keep a journal by hand. Ankhore takes your past trades in the same strategy as its benchmark and sets the threshold according to your personal trading reference. Both at the moment of decision and in the weekly report, your behavioral patterns and strategies are analyzed; deviations are identified and ways to address them are suggested.
DETAILSResearch and methodology
More trading doesn't mean better performance. Net annual return of the most active investor group: 11.4% Market return: 17.9% Barber & Odean 2000 · 66,465 US brokerage households · 1991–1996
BROKERAGES

Real retention starts when you know your customer well and protect them.

Ankhore lets you see behavioral risk as it rises, before you lose the customer, and intervene at the right moment. Longer customer lifetime, higher retention and stronger LTV.

Ankhore Enterprise Solutions let you protect your customers and create high LTV with a behavioral risk engine that can be customized for your firm.

Out of 100 traders, only 15 are still trading in the third year.

Start 100%
Year 1 44%
Year 2 24%
Year 3 15%
Still trading Dropped out
Share who kept day trading Fewer keep going every year. Taiwan Stock Exchange · cohort that day-traded on ≥10 days · 1992–2006 Returning after the first loss The larger the loss on the first trade, the lower the chance that the trader came back for a second trade during the study period. CFTC Office of the Chief Economist · 36,538 US futures accounts · 2021–2022

When a trader drops out of the market, for the firm it means weaker customer continuity and a shorter relationship lifetime.

Ankhore makes behavioral risk visible while the customer is still with you, not after they have churned.

Embed Ankhore in your existing trading experience.

Behavioral risk alerts, decision friction and personal risk insights can run inside your own app through API and white-label surfaces.

Monitor the behavioral risk of your own trading team.

Prop firms and in-house trading teams can track sizing up, stop behavior, re-entry after losses and recurring risk chains from a single behavioral risk layer.

Bring behavioral risk signals into your operations without changing your product surface.

Working in the background, Ankhore can pass customer-level risk signals to your CRM and existing communication systems. Your firm can set up manual follow-up, push, email, SMS or relationship-manager actions to fit its own operations.

DETAILSBring behavioral risk into your existing product experience.
The API and white-label surface integrate into your existing experience. Ankhore shows which cohorts behavioral risk is concentrated in. Ankhore shows in which customer, and when, a risk signal appeared.
See behavioral risk while the customer is still with you, not after they churn. Longer customer lifetime. Stronger retention. Higher LTV.
PRODUCT STATUS

The core is ready. Next up: bringing Ankhore to real traders.

The data layer that ingests and verifies trading data is working. The personal trading profile, decision-chain analysis, AI context layer and intervention experience are coming together in the same product. The next big step is to test Ankhore against real trading behavior in a closed pilot.

CORE READY Trading data now rests on a reliable foundation. Trade records are ingested, converted into a common data structure and verified; missing or inconsistent rows are set aside before they reach the analysis. Working prototype · on structured open-position input
RISK ENGINE + AI BEING BUILT NOW Ankhore is starting to get to know the trader and read the decision chain. The personal trading profile, behavioral baseline, decision-chain analysis, live context assessment and intervention experience are coming together in one product.
NEXT BIG STEP CLOSED PILOT Real traders. Real trading behavior. Ankhore will be tested with real user data in the closed pilot; behavioral patterns, alerts, friction and the intervention experience will be calibrated through real use.
LIVE INTEGRATION Ankhore is moving closer to the moment of decision. Near-real-time tracking through broker and prop integrations, mobile intervention, and API and white-label distribution layers make up the product's next scaling stage.
İTÜ ÇEKİRDEK · ACCELERATION 2026 Ankhore has been accepted into the 2026 İTÜ Çekirdek Acceleration Program. İTÜ Çekirdek Incubation Center

Ankhore is building a trader-friendly app that brings behavioral finance into traders' everyday decisions, and aims to offer this technology to active traders on a global scale.

The team is complete. The goal is now global.

Utku runs product and trading, Aylin runs GTM, growth and marketing, and Onur runs technical architecture and development.

Utku Mustafa Tavalı
Utku Mustafa Tavalı
Founder & CEO FINANCESTRATEGYTRADING 15+ years in finance & strategy · 10+ years of active trading

More than 15 years in finance and strategy and more than 10 years of active trading experience. Has traded actively on BIST, US equity markets and crypto assets through different market conditions. At Ankhore, runs product, the risk engine, strategy and the business model.

Aylin Yılmaz Tavalı
Aylin Yılmaz Tavalı
Co-founder · Marketing & Growth GTMGROWTHMARKETING 15+ years in corporate marketing & growth

Over more than 15 years of corporate experience, has led marketing teams and brand growth work across different sectors. At Ankhore, runs GTM, growth, brand and marketing.

Onur Uça
Onur Uça
CTO SOFTWAREAI & MLTECHNICAL ARCHITECTURE 20 years in software · CTO at three technology companies

At Ankhore, runs technical architecture, development, deployment, frontend and backend.

Be one of the first traders to try Ankhore.

Analyze your own trading history with Ankhore, see your behavior patterns, and be among the first users to try decision-moment interventions.

Your contact details are enough for a first contact; do not send statements, trade histories or account information by email.

BROKERAGES · PROP FIRMS · FINTECH Bring Ankhore into your product. Let's talk about API, white-label, behavioral risk intelligence and joint pilot options.
Schedule an enterprise call →
ANKHORE BRIEF Stay up to date on trader psychology, behavioral finance, new research and what's happening at Ankhore.
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