Risk Feature Upgrade Request : Personal Daily TRAILING Loss Limit (PDTLL):

On Profitable days, Funded Traders should be able to adjust their personal daily loss limit as an account balance appreciates in value intraday. Topstep already trails its risk parameters on us through the max/daily loss limits, why can’t we trail our own parameters?
-Example: “Trader closes her first position for 1,000$ profit, totaling a new balance of $51,000. Trader wants to continue to make trades but wants to lock out for the day automatically if the next trade is a 200$ loss. Trader Sets TopstepX to manually lockout if account balance depreciates to $50,800.”
Give us the flexibility we need to assess account balance risks a dynamic market environment without jeopardizing future intraday profit potential. Traders want to make more money, Risk managers want to keep more money, and Topstep wants to keep more Traders. Everyone wins with this Feature.

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Upvoters
Status

In Review

Board

💡 Feature Request

Tags

Risk Tools

Date

Over 1 year ago

Author

Angel Rodriguez

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