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Date/Time: Sun, 24 Nov 2024 13:25:05 +0000



Post From: Aggregate of Value-based Stop Loss for Multiple Instruments

[2013-10-09 07:04:54]
Marmany - Posts: 307
Riche, if you have an account with TransAct you can set a max daily loss level. If breached their system closes all positions for you and stops you from entering further trades that day. This exactly achieves your objective and from my experience it works perfectly.
However, obviously not the ideal way of closing out - especially if you are trading the 5 contracts you list with only a $500 limit!

Other brokers may operate somthing similar