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Is there a way to setup a maximum position loss for discretionary trading?

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    Is there a way to setup a maximum position loss for discretionary trading?

    Hi,
    I am trading discretionary but I want to be able to control my max loss for the position so it doesnt exceed a certain amount.
    Is there a way to do this in Ninjatrader please using either the platform or possibly using semi-discretionary trading?
    Thanks,
    iq

    #2
    It is not possible to configure a max daily loss in the platform. If you're referring to a live account, it is possible to configure these settings on the back-end of a live account. Please contact your broker for more information.

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      #3
      Patrick - I just need it in sim for now. I appreciate that for live trading it would be a broker feature. Thanks.

      Comment

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