Profit trail stop
Can you create a profit trailing stop? Like when you are winning big you can activate it and adjust to keep whatever percentage you choose. Example... I am up 5,000, and I activate the profit trailing to 50% (or whatever percentage I choose) and if I go down to 2,500 it will deactivate the account for the rest of the day, like the lockout button.
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Comments4
tozpithan9
Jul 23
I need this as well. On green days, we should be able to set % of profit we want to protect. Once we lost that, automatically locked out.
Sean Rafferty
Jun 10
•Merged request
•2 votes
Help Preserve Our Profits with PNL Trailing Stoploss
I can’t count the number of days I have had a nice profitable day only to lose it all and then some! (today went from $1100 to -$1500… ouch!)
I wish I could set a rolling stop loss to my account balance. Ideally, if I pass a daily goal, it then is activated, but even if I had a rolling SL initially, knowing that I’d lock myself out for scaling up foolishly would help me think twice.
And being able to preserve gains after fighting for them - that’d be awesome! (admittedly, we must learn when to be content with our gains and walk away once daily profit targets are set or adhere to mental stops)
Ashish Vemula
Jan 4, 2025
One of the biggest challenges we traders face is finding the right balance between locking in consistent profits and staying open to the market’s larger opportunities. I’d like to propose a feature that could be a game-changer for TopStep accounts: Trailing Stop Profit Lockout.
Angelo Regalbuto
Jun 4, 2024
Yes!