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Visual Drawdown option only To better manage risk

Feature RequestPlatformTradingRisk Tools

To TopstepX traders: Please upvote. This will change how you manage your risk, and save your profit.

I think it will help too many traders to manage the risk while trading if you add the option to track the drawdown of my account.

If I'm trading a 50k account, I would like to see my drawdown beside unrealised P/L starting at 1000 and keep going down with my P/L goes negative, or when I'm on a winning trade but did not take profit and my P/L pulled back.

It will be great to have the option to temporarily lock my app when the drawdown hit $0.00.

  1. Too many of us were at least once in a great trade but were greedy and lost it. Then will be driven by trading revenge and hit the max loss.

  2. Drawdown option will show me that I actually hit my max daily loss on unrealized profit and let me lock my app for the day before I hit MDLL on realized P/L.

Posted by Ahmedb ·
Status: Added to Backlog2 comments

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Comments2

  • sharmads

    •

    Jul 20

    •

    Merged request

    •

    7 votes

    Add a drawdown feature

    Add a drawdown feature in which the user can input an amount of money lost measured from the day high at which the account is closed for the rest of the session.

    • Michael Kofman

      •

      Dec 19, 2024

      How do we get more eyes on this? I need this feature!

      I think I would have been a funded trader and passed like 3x the number of Combines if there was a max drawdown setting.

      And I know this would help tons of TopStep traders. Every episode of Shoulder Tap features a trader who was up $5000+ on the day but ended up hitting his DLL.

      This feature would go a long way toward protecting TopStep traders from themselves.