Login Page - Create Account

Support Board


Date/Time: Tue, 30 Apr 2024 10:28:00 +0000



[User Discussion] - Daily profit configuration

View Count: 221

[2023-05-18 11:05:00]
User823328 - Posts: 14
Hello,
First of all, I'm sorry for my English which is far from perfect.
I would like to put a daily win limit on my account but for the moment I can't do what I want. I want to put a $400 minimum win but I don't want the trade to be cut off directly if it goes my way. I would like the trade to be able to continue to run until for example $800 before being automatically cut off. However, if for example it goes up to $600 and turns around I would like the trade to be automatically cut if the pnl goes back to $400 to secure that.
Is it possible to set this up with global loss management?
If so can you explain how? Because at the moment it automatically cuts off my trade as soon as my pnl reaches $400.
[2023-05-19 15:19:02]
John - SC Support - Posts: 31189
You can not do this with the Global Profit/Loss Management.

This is something you can do with Attached Orders, at least for a single order. You would want to use the "Move to Breakeven" option for the Stop. Refer to the information here:
Attached Orders: Move to Breakeven Stop Reference Price Calculation and Usage
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:

Login

Login Page - Create Account