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Date/Time: Sun, 19 May 2024 15:52:43 +0000



Post From: request for tools to protect account form a wipeout.

[2019-05-22 01:30:15]
User360283 - Posts: 440
1. The Global Profit Loss Management DOES NOT SOLVE THE REQUEST because of the Daily Net Loss Management >> Reset
When the Trade Positions for a Trade Account are flattened, the Daily Net Loss Management is disabled until the next trading day.
DISABLING ALL TRADING UNTIL THE NEXT DAY IS UNACCEPTABLE.

2 Rational. Trading the ES has many false moves within (tlall wicks) a bar where a regular Stop Loss order WILL ALWAYS BE HIT. This is what Algos do - HUNT STOP LOSS ORDERS. Many times the ES will whipsaw and reverse direction.

Being locked out for the day is the problem and is not acceptable. My request allows a Stop Loss to be implemented without being locked out for the day.

Please implement my request. It is very different from the Global Profit and Loss Management.

Thanks