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Date/Time: Thu, 06 Mar 2025 21:54:23 +0000



independent risk management setup

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[2022-02-11 16:53:14]
User12089 - Posts: 365
is there any way when setting up:

a) Daily Loss Limit - flatten the position after loss limit hit
b) Trading Lock interval after Daily Loss Limit hit

by e.g. one user, the other user e.g. the Trader not to be able to change / reset a and b?

that would lead to independent risk management setup in SC

"user" can mean something internal to SC or e.g. Windows OS user account
[2022-02-11 18:06:43]
John - SC Support - Posts: 38460
There is the following:
Global Profit/Loss Management

But it can be unlocked fairly easily.

There have been many discussions about ways to control the locking of this feature, but there are not many good answers. We have put our efforts into other areas, particularly related to Risk Management with the Teton Order Routing Service.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing
[2022-02-11 19:08:22]
User12089 - Posts: 365
not considering Teton at the moment due to the mere lack of support / uptake by AMP Futures - i have already written about that elsewhere - more business development is required there by SC to sign up AMP

in the meantime since i am a professional software engineer, will write my own risk management submodule with proper identity management function. The idea to put user controlled risk management in the order routing service is good and useful architecturally, but at the same time it is also good for the client side trading platform to have its own fully functional, identity based risk management
Date Time Of Last Edit: 2022-02-11 19:11:14

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