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Date/Time: Sat, 04 May 2024 04:18:47 +0000

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Global ProfitLoss Management Quesiton

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[2024-04-04 22:47:03] #1 [Go To First Post]
User692152 - Posts: 1
Hello, new to Sierra Chart Couple of questions about the GlobalProfitLossManagement feature -If I set a max loss of say $200 and want it to autoliquidate me... If I hit the $200 and get flattened, will I be able to go back in and reset the max loss to say $400 after? (I have poor self discipline).. or does it lock me out for the day from trading? -And will this feature work, regardless of broker? I am using Rithmic through a prop firm Thank you

[2024-04-05 14:45:54] #2 [Go To First Post]
John - SC Support - Posts: 31362
The "Global Profit/Loss Management" does allow you to override the settings and continue to trade. It will work with any trading service, as it is flattening the positions you have open. It just requires that you keep your Sierra Chart software running in order for it to function. The documentation for this feature is here: Global Profit/Loss Management 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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