Daily Loss Limit - futures io
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Daily Loss Limit

This sets a maximum loss level for a trader for any 1 day. When this thresh hold is reached, the trader must either liquidate all positions immediately, or else be prevented from entering into new positions.

Source: https://www.howwetrade.com/risk-management-in-trading/

See also: https://www.investopedia.com/articles/trading/03/111903.asp

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