Login Page - Create Account

Support Board


Date/Time: Sun, 24 Nov 2024 18:55:15 +0000



Global Risk managment tool

View Count: 189

[2024-05-11 07:25:55]
ShaiVardika - Posts: 13
Hey,

I want to set my daily risk and profit goal, once reach the account will be lock for trading for the day
can you tell me if I understood it correctly

if I set the Profit Trigger Value - 400$ and the Profit Value after Trigger to Flatten Position 350$

so once i'm in a position and the it reach 400$ on the day, when it back to 350$ it will be flatten and lock traing for the day?

also if i unable Trail Daily Net Profit and After Trigger When Daily Net Profit Increase by 50$ Increase Profit Value After Trigger to Flatten position by 50$

meaning if it reach 400$ and then continue to go up to 500$, it will be flatten & lock when it back again to 450$ ?

also I want to set daily loss for 800$

can you please check in the attach image that all done correctly?
imageGlobal risk managment.png / V - Attached On 2024-05-11 07:17:27 UTC - Size: 57.23 KB - 51 views
Attachment Deleted.
[2024-05-11 18:54:27]
John - SC Support - Posts: 36238
Your understanding and settings are correct for what you want to accomplish.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service:
Sierra Chart Teton Futures Order Routing

To post a message in this thread, you need to log in with your Sierra Chart account:

Login

Login Page - Create Account