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Date/Time: Fri, 29 Nov 2024 04:31:37 +0000



Post From: Teton auto liquidation

[2022-04-12 21:11:08]
User379468 - Posts: 508
Engineering, can you respond to post #56?

Also, to clarify this question: "3. Could the auto liquidation be set up on Weekly and Monthly reset times for swing/overnight hold traders?"

Teton auto liquidation supports a loss limit for intraday traders on a Daily reset timeframe, ie they are liquidated if the max loss for a day is hit. The next day trading can be re-enabled.

Swing/position traders hold overnight over multiple days and may have a loss limit for the Week and/or Month instead of Day.
Can you consider supporting a loss limit that would function for the Week and/or Month instead of Day for swing/position trading on Teton?

This is seemingly unavailable elsewhere, further bringing a competitive advantage to the Teton service, and more importantly, greatly improving risk management for Traders on Teton.
Date Time Of Last Edit: 2022-04-12 21:21:47