Support Board
Date/Time: Sun, 24 Nov 2024 05:55:15 +0000
Post From: Trailing Limit Loss Based on Realized Profit
| [2024-06-19 00:02:37] |
| User643426 - Posts: 127 |
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I see how there is a way to set a limit loss based on a daily starting account balance where if that loss amount is hit, positions are auto-liquidated and trading is locked for the day. Is there a way to set a daily limit loss amount that trails realized or unrealized profit? For, example, if the daily limit loss amount is set at -$100 at the start of the day and you make $200 on your first trade and then lose $125 on your next trade, your position would auto-liquidated, and trading would be locked. Also, I'm wondering if there are any more clarification on what each of the profit/loss management options do (ie, Profit Trigger Value, Trigger When Daily Net Profit Increases By, etc.). Ideally, there should be examples of what each of these functions do or short video explanations.
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