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Date/Time: Fri, 31 Jan 2025 14:52:04 +0000



Global profit and loss help

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[2019-05-02 15:38:24]
User968625 - Posts: 260
I am really struggling to understand why this is not working right for me. I must be doing something wrong or really stupid.

First, I have 600 loss target but doesn't seem to work. I am attaching an image (JPG and PNG as SC images can't be selected when I am choosing to see this window). can someone help if these settings are correct to lock my trading for the day once I reach my limit? (of course, unless I intervene manually)and is there a way that I can't even intervene?

Second, I am not sure I understand "Trail Daily net profit", can someone just give an example or two? I want to have a target of 1200 and once I lose more than 300 of that it is locked as Loss management? I know there is documentation but couldn't understand the explanation (probably it is just me being stupid)

Thank you
imageGlobal Profit and Loss.jpg / V - Attached On 2019-05-02 15:34:51 UTC - Size: 156.86 KB - 347 views
imageGlobal Profit and Loss.png / V - Attached On 2019-05-02 15:34:59 UTC - Size: 52.91 KB - 526 views
[2019-05-03 19:47:13]
Sierra Chart Engineering - Posts: 104368
The settings here are correct:
https://www.sierrachart.com/Download.php?Folder=SupportBoard&download=28084

. can someone help if these settings are correct to lock my trading for the day once I reach my limit?
Yes.

Use the following settings:

Daily Net Profit Management >> Profit Trigger Value=1200
Daily Net Profit Management >> Profit Value After Trigger To Flatten Positions= 900
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2019-05-03 19:47:51
[2019-05-03 20:50:45]
User968625 - Posts: 260
Thank you, tried he setting today with small amount and did work. I am going to try now the profit value setting you gave. you have an amzaing platform, thank you again
[2019-05-04 02:58:03]
Sierra Chart Engineering - Posts: 104368
Good. It is also important to read over the Introduction section here to understand how the net profit/loss is arrived at and to make sure the calculations are correct:
Global Profit/Loss Management: Introduction
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing

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