Support Board
Date/Time: Thu, 21 May 2026 18:39:05 +0000
Question about “Trading Locked” vs Global P/L Management
View Count: 159
| [2026-04-05 12:10:13] |
| Cileron - Posts: 52 |
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I’m trying to understand the difference between using “Trading Locked and setting limits through Global Profit/Loss Management (daily loss limit). When I use Trading Locked, I expected trading to remain disabled for the rest of the session. However, I noticed I can manually unlock it afterward. With Global P/L Management, it seems like trading is automatically restricted once a daily loss threshold is hit. So my questions are: What is the functional difference between these two features? Is Trading Locked intended to be manually reversible, whereas the daily loss limit is enforced automatically? In practice, is using Trading Locked essentially the same as switching to SIM trading if I want to stop trading for the day? I want to make sure I’m using the correct tool for enforcing discipline around daily loss limits. |
| [2026-04-06 15:07:03] |
| John - SC Support - Posts: 46234 |
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What is the functional difference between these two features?
"Trade >> Trading Locked" just locks trading and must be manually selected and deselected. "Global Profit/Loss Management" locks trading when a specific action occurs - either a profit point or a loss limit. Then this locks you from continuing to trade. It can be overridden, so it is not perfect, but you do have to specifically reset it to override it. Is Trading Locked intended to be manually reversible, whereas the daily loss limit is enforced automatically?
Yes. In practice, is using Trading Locked essentially the same as switching to SIM trading if I want to stop trading for the day?
Yes. Although "Trade >> Trade Locked" will mean that you can not trade in Simulation Mode either. But either option will keep you from trading your live account. For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
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