Daily Profit Limit

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MrNQ

• March 17, 2019 08:14

Someone has already posted a similar request entitled, 'Daily Profit Feature'. I would like to make my own post for the same feature as I really want it. I have no doubt other users would want this feature too.

The daily loss limit is great. But the platform is missing the other side of things. There is no daily profit limit. I can lock in my losses but I can't lock in my profits (without taking action myself).

The daily loss limit works by liquidating the account with a market order when the limit is hit. I would very much like the same feature for when the profit limit is hit.

By having liquidation via market order when the daily profit target is hit, the daily target is locked in without the chance of losing it in the heat of the moment. This is invaluable for scalpers of fast markets.

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  Kat

  • May 11, 2019 16:26

  Agree -- to add visibility further, will also be adding post to add "Profit Protector" feature. 
  
  Please add the ability for the platform to do either, or preferably both of these:
  a)  Liquidate All if a defined dollar amount of Profit to be retained is reached under any circumstances (trade in progress, or future trade during pullback for example).
  b)  Alert at a specific Profit level -- provides notification that Liquidation level is near.

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  Patrick

  • April 12, 2020 14:18

  I agree with the requests for a daily profit target auto-liquidate feature. But also a server-side or unlockable lock until end of session once a pre-defined profit and loss is made would be helpful too.

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