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Date/Time: Thu, 02 May 2024 03:41:34 +0000

Post From: Improvement Suggestion: Alert on reaching Daily Loss Limit

[2020-05-31 15:22:43] Link To Thread - Link To Post [Go To First Post]
fxzen - Posts: 14
@j4ytr4der Thanks for the input, Yeah, what i'm trying to achieve is risk management. I'm currently trading someone else's money, with a strict daily loss rule. In my own account I can simply decide a trade on its own merits, but in this case if i'm running out of runway it makes a difference on how I handle the trade. I use bracket orders, but I continually move the SL/TP. My stops are mental, the one on the bracket is an emergency order in case I lose internet or something else happens. My trades are in seconds, so I have no time to calculate where my stop should be in respect to total loss for the trade i'm in. I could technically use the NET Open P/L functionally, but having to continually glance at a number doesn't work well for me. I think i'm probably a rather unique use case here Date Time Of Last Edit: 2020-05-31 15:23:11