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Trailing Personal Daily Loss Limit

Option to have personal daily loss limit trail your intraday realized PNL.

Status: Planned12 comments

This request was merged into another request

Comments12

  • DavidWalsh

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    Jun 28, 2024

    This would be a game changer for me

  • David French

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    Jul 24, 2024

    This would be great, trail from high watermark of the day

  • קובי סניור

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    Jul 27, 2024

    personal daily

    trailing stop loss limit

    This option can help us keep the profits within the day,

    When there is a hard daily stop we can earn 1000 dollars and then lose 2000 on the same day,

    A climbing stop can help keep the profits within the day.

  • MeowMix

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    Jul 1, 2024

    YES to a live trailing draw down!!! Funny thing, APEX trader uses one to disqualify you from getting a "funded" account. At first I thought, "oh cool, I made profit and they prevented me from losing it, only to find the account did not exist the next day." THIS FEATURE WOULD SAVE A LOT OF EARNED CAPITAL AND HEARTACHE. I also think it would eventually instill some really great habits. PLEASE PLEASE PLEASE MAKE THIS A FEATURE!!!

  • Craig Slist

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    Jul 1, 2024

    This would be sick!

  • The_Way_Out

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    Aug 1, 2024

    There is many of us with this similar idea. I call it a Lockin-Profit feature, akin to the Lockout feature already in place.

    So If a Trader is up $1000, they have the option to Trail or have a hard Profit stop loss intact. Say they set it at $500. So If they drawdown more than $500 from that point than the platform will liquidate and lockout for that trading session. And that Trader will still have a winning day of profits.

    Im not saying there needs to be a threshold of when a Trader obtains the option too implement the tool. It should be allowed as soon as they are in profit. But I also like the idea of starting with the personalized Trailing a Daily loss limit and then becoming a Trialing Profit stop.

  • QuesOmelette4513

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    Aug 12, 2024

    I really think this would help so many traders, myself included. I was up $2800 today and got chopped up really hard in the afternoon then got caught trying to make it back and just made things worse. If I would have had this tool, I would have ended the day at +$2200 minimum instead of negative. I know it’s my own fault of course but imagine hitting a target (+$1000, +$1500, etc) making good trades and then having a tool to prevent you from making dumb mistakes to ruin it. Would be awesome.

  • Mark Mrozek

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    Aug 13, 2024

    I’ve traded equities with this feature and it is a total lifesaver. If I could give it a heavier weight I would. The sooner this gets implemented the sooner people stop going from green to red.

  • Antony Martial

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    Sep 10, 2024

    Yes, i agree this will definitely help my trading.

  • Meyzoe Master

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    Sep 15, 2024

    I agree. We should have the PDLL trail our realized profits. This way I don’t give back from my initial equity on the day.