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"Daily stop limit"
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"Daily stop limit"

  #1 (permalink)
Elite Member
Tulum+ quintana roo+ mexico
 
Futures Experience: Beginner
Platform: Ninja
Favorite Futures: stocks
 
Posts: 1 since Sep 2015
Thanks: 0 given, 0 received

"Daily stop limit"

Hi, what broker have this tool? (stocks)
Auto Liquidation – liquidate a position when the loss limit is hit ($ amount or % loss).
New Trade Rejection – will reject new trades after the loss limit hit ($ amount or % loss).
Thank you
Carlos

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  #2 (permalink)
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  #3 (permalink)
Elite Member
Eufaula, OK, USA
 
Futures Experience: Intermediate
Platform: Sierra Charts
Favorite Futures: if it moves, i trade it
 
Posts: 15 since Mar 2013
Thanks: 10 given, 18 received


They all have the ability to implement this for you. Just ask. I know TOS and Ninja have it.

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  #4 (permalink)
 Vendor: www.cannontrading.com 
Los Angeles, CA /USA
 
Futures Experience: Master
Platform: Sierra, CQG, TransactAT
Favorite Futures: Crude Oil
 
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Posts: 76 since Mar 2013
Thanks: 18 given, 47 received


gato View Post
Hi, what broker have this tool? (stocks)
Auto Liquidation – liquidate a position when the loss limit is hit ($ amount or % loss).
New Trade Rejection – will reject new trades after the loss limit hit ($ amount or % loss).
Thank you
Carlos

Hello @gato! We have that tool here where your position is liquidated when your daily loss limit is hit which you have input in determining. In my opinion, I think that this is an important tool when day trading.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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