Implement Next-Day Effect for Daily Loss Limit Changes

I am an active user of Topstepx. I am writing to suggest a feature that I believe would greatly enhance the trading experience for users like myself.

Feature Request: I propose that any changes made to the daily loss limit settings take effect only on the next trading day. This means that if a trader attempts to change their daily loss limit during the current trading session, the new limit will not be applied until the following day.

Rationale: This feature aims to protect traders from making impulsive decisions during periods of emotional trading. By ensuring that changes to the daily loss limit are not immediate, traders will have a buffer period to reconsider their decisions, thereby preventing potential account blowouts due to hasty modifications.

Benefits:

  1. Enhanced Trader Protection: Traders are less likely to make impulsive decisions that could lead to significant losses.

  2. Improved Risk Management: This feature encourages more thoughtful and deliberate changes to trading strategies.

  3. Increased User Satisfaction: Traders will appreciate the added layer of security, leading to greater trust in the platform.

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Upvoters
Status

In Review

Board

πŸ’‘ Feature Request

Tags

Risk Tools

Date

Over 1 year ago

Author

Giao Giao

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