Looking for account control

[simtrade81]

Hello,

Im looking for something where i can add a daily loss limit where it does not allow me to trade once hit. Does something like this exist?

Thank you.

[NinjaTrader_PatrickH]

Hello simtrade81,

Thank you for your post.

This is possible for a single instance of the strategy, the strategy instance will stop trading when a limit is reached in loss. However, there is no option for this to be universal across the entire platform for all trading.

[koganam]

Hello,

Im looking for something where i can add a daily loss limit where it does not allow me to trade once hit. Does something like this exist?

Thank you.

How do you mean: "Does not allow you to trade"? You can make a Strategy stop trading, but if you mean to lock you out of the account for the day, so that you are protected from yourself, you would have to make that arrangement with your broker's risk manager.