Support Board
Date/Time: Wed, 27 Nov 2024 22:26:18 +0000
Post From: Urgent - global loss management
| [2020-02-26 16:10:27] |
| tekchan - Posts: 6 |
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Hi, was always looking for something like this as well. This is an amazing feature, but not effective for what it's meant as it's too easy to bypass currently. I'd like the Global Profit/Loss Management(GLM) to be locked down and password protected to prevent the trader from being able to increase the limits when they're losing their mind. Having a password to lock out the trader from the GLM would effectively solve this problem. You could give this to anyone external, a friend your wife etc. If you ever need access you can have the external party remotely log in to your computer and enter the password during off trading hours so you don't scam someone into helping you continue to lose your mind during a trading day. You'd specifically establish rules with the person to ensure they only log you in outside of trading hours. Another possibility is if upon hitting the limits, forces sierra charts to shutdown. Then you could use an external program to password protect Sierra Charts from executing. This would then effectively achieve the same thing as you can give that access to someone external again. Could be a simple check box added to the GLM screen to exit Sierra Charts on hitting limits and locking. The problem with this approach would be that the trader could not even observe the market upon after getting locked from trading. So the first approach of password protecting the GLM screen is still the most ideal. With this we'd have a risk manager looking over us while trading alone. IMO, having Sierra Charts unlock the account would add unnecessary burden to their support staff; also, there is no way they'd respond in time to unlock the account same day anyway so no point in this. By the time they do have time to respond the lock would have been lifted already. @Sierra Charts Support, what do you think? When can these enhancements be added? I know I've seen on other threads people having such issues as well. Thanks in advance! Date Time Of Last Edit: 2020-02-26 16:18:29
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