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"Daily stop limit"


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  #1 (permalink)
 gato 
Tulum+ quintana roo+ mexico
 
Experience: Beginner
Platform: Ninja
Trading: stocks
Posts: 1 since Sep 2015
Thanks Given: 0
Thanks Received: 0

Hi, what broker have this tool? (stocks)
Auto Liquidation – liquidate a position when the loss limit is hit ($ amount or % loss).
New Trade Rejection – will reject new trades after the loss limit hit ($ amount or % loss).
Thank you
Carlos


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  #3 (permalink)
 Randy Dotson 
Eufaula, OK, USA
 
Experience: Intermediate
Platform: Sierra Charts
Trading: if it moves, i trade it
Posts: 15 since Mar 2013
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They all have the ability to implement this for you. Just ask. I know TOS and Ninja have it.


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  #4 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 217 since Mar 2013
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gato View Post
Hi, what broker have this tool? (stocks)
Auto Liquidation – liquidate a position when the loss limit is hit ($ amount or % loss).
New Trade Rejection – will reject new trades after the loss limit hit ($ amount or % loss).
Thank you
Carlos

Hello @gato! We have that tool here where your position is liquidated when your daily loss limit is hit which you have input in determining. In my opinion, I think that this is an important tool when day trading.


PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
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Last Updated on September 9, 2015


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