Two possible ideas
1) Why not have an option that allows a trader to set up a daily loss limit and/or number of trade or force a break after a stop out. Make the setting only be editable once a week maybe on Saturday.
2). Another idea would be to allow a remote trading partner watch your trades and potentially also act as a risk manager. Both could work together.
The reason for this is that many of us traders work without a risk manager and this would be the replacement.
Synthetic Risk Manage
-
- Posts: 3
- Joined: Tue Mar 19, 2019 6:22 pm
- Been thanked: 2 times
Re: Synthetic Risk Manage
This is pretty cool >>>>
It should have Percent of Account in Drawdown...
It should also have Dollar/Cash Value of Drawdown
I don't like using these things but I can see how an Account Manager may like it...
It should have Percent of Account in Drawdown...
It should also have Dollar/Cash Value of Drawdown
I don't like using these things but I can see how an Account Manager may like it...
Re: Synthetic Risk Manage
This is a great and much needed feature. I would suggest a lockout for the day once triggered with a customization reset similar to other studies used in Bookmap such as the CVD, Session Range Volume, etc.