Support Board
Date/Time: Thu, 12 Jun 2025 08:24:13 +0000
Teton Daily Loss Limit Question
View Count: 1332
| [2022-11-04 19:19:08] |
| User275302 - Posts: 52 |
|
Hello, I just noticed when I was looking over the Teton order routing info that there is a daily loss limit feature available. In the past I've wanted something like this but every broker I've ever asked about it said you can basically disengage the feature and keep trading if you really want to. My question is, if I decide to go with Teton and use this feature, when the daily loss limit is hit, are you really cut off? As in, unable to trade any more that day? Because that's what I'd be interested in. Thanks, James |
| [2022-11-07 14:18:31] |
| |
|
If the broker has enabled it for your account, then once the daily loss limit has been met, no more trading is allowed for the day. So just ask your broker not to use it on your account. 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 |
| [2022-11-07 14:18:32] |
| |
|
If the broker has enabled it for your account, then once the daily loss limit has been met, no more trading is allowed for the day. So just ask your broker not to use it on your account. 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 |
| [2022-11-07 17:56:22] |
| User275302 - Posts: 52 |
|
No... I want to use it. I'm looking for this feature. I'm just trying to confirm that it actually exists and once it's triggered, I can't call them and have them disengage it and let me trade again. I had this feature once years ago... I realize now I had it set way to low, but I was able to call up and have them reset it so I could trade immediately after it triggered. It was basically of no use. Who do you recommend? Edge Clear?
|
| [2022-11-08 13:51:14] |
| Stage 5 Trading - Posts: 155 |
|
Hi Trader, I am happy to hear your interest in Teton Order Routing and think you are really going to enjoy it when you make the switch. Especially, since it has the daily loss feature you are looking for! Stage 5 Trading can setup your account so that once your daily loss limit is triggered you will not be able to trade until the following trade day. I would recommend reaching out to a broker to discuss this feature and to see if Stage 5 is the right brokerage partner for you and your trading needs. Stage 5 offers competitive intraday margins and discount commissions all with personalized brokers at your fingertips. You can open an account for as little as $100 and you will receive $0.20 per side commissions on the micros and $0.45 commissions on non micros plus exchange and regulatory fees. Please feel free to contact us and we will gladly assist you with any questions you may have and/or the process of transitioning your account and hopefully helping you improve your current trading solution. We would be able to provide some DOM chartbook layouts that will hopefully be more in line with what you are accustomed to. In addition, we would be more than happy to have a remote session to help get you setup with the new layouts. If you have questions or would like to speak to an assigned personal broker for details, please call us at 1-312-896-9897 or 1-800-258-6675. You can email us at sierrachart@s5trading.com and can also contact us here: https://stage5trading.com/contact/ If you are ready to move to the Teton Order Routing solution right away, we invite you to complete an application by clicking the blue button at the top of the https://stage5trading.com/ page that says Introducing Sierra Chart Teton Order Routing - Click Here to Open an account Thank you, Anthony Giacomin Stage 5 Trading Trading derivatives carries a high degree of risk, and may not be suitable for all investors. Past performance is not necessarily indicative of future results. |
| [2022-11-08 14:47:27] |
| Sierra_Chart Engineering - Posts: 19895 |
|
Yes it can be re-enabled: Trade Account and Risk Management: Re-enabling Account for Trading Same Day After Auto Liquidation 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, use the Teton service: Sierra Chart Teton Futures Order Routing |
To post a message in this thread, you need to log in with your Sierra Chart account: