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Lock Maximum Trades allowed per SESSION - to prevent Revenge trading / Re-Entry on tilt

Basically this will lock max trades per session or time slot, blocking the trader from re-entering a failed trade.

Sometimes as traders we have a personal daily lock limit of $1000 for example. We place a $500 risk trade, then when we lose that trade, we immediately put a second trade on that same trade idea immediately after the first loss.

This prevents re-entry / revenge trading and locks you for that trading session.

1 comment

This request was merged into another request

Comments1

  • Mike J

    •

    Jan 26

    I like this idea. Markets do tend to move differently than NY session and I would like to setup a lockout for a certain amount of trades per session which will keep my acct functioning for when NY session comes around