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Direct MessagesDate/Time: Sat, 20 Apr 2024 05:51:56 +0000
Global Daily Profit / Loss flattening
View Count: 535
| [2019-12-14 20:20:37] |
| ycomp - Posts: 274 |
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let's say I set a daily global profit target for the account to $100, and I enter one position with no trades for the day and the trade has a target equivalent to $200... will it be allowed to hit the trade's target of $200? or as soon as the open p/l is $100 will the account be flattened? Same question for global daily loss settings. If I had a -$100 global daily loss allowed but the trade stop loss was -$200 would it try to close the position as soon as it crossed -$100 ? or wait until the SL was hit at -$200? also are these calculations excluding commissions? |
| [2019-12-16 05:26:07] |
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or as soon as the open p/l is $100 will the account be flattened? Yes.would it try to close the position as soon as it crossed -$100 ? We have to check, but we are quite sure Commissions are included if this is set for the charts being used in the calculations: Chart Settings: Use Symbol Commission Setting in Trade List and Statistics Calculations (Chart >> Chart Settings >> Trading menu) Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing |
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