Brokers unable to set auto-liquidation?

Discussion in 'Retail Brokers' started by PBS, Oct 31, 2024.

  1. kbs

    kbs

    If you want it *risk control/for stock* you can look at dastrader.com/docs/risk-control/ for futures look at Sierra Chart just google it.

    I have seen some YouTube traders forexample Ross Cameron talk about a max daily loss, he use the Lightspeed Trader platform and the Lightspeed Broker. He got lock out after after a max loss *Can not open a new postion*

    But Lightspeed also offer Das Trader Pro that offer auto/liquidation.

    But I have used Das with an other broker, so I do not know how Das Trader works with Lightspeed

    Hope it helps

    @Robert Morse
     
    #11     Nov 1, 2024
  2. Robert Morse

    Robert Morse Sponsor

    Lightspeed Trader and Sterling Trader Pro both offer max loss setting but not liquidation. Yes, DAS has Auto Liquidation by symbol or by account, but we are currently only offering DAS to a certain type of customer. We have a small support staff for DAS with a focus on large accounts with higher volume and a focus on shorting small cap stocks that require premium locates. It is not open to all our customers at this time.

     
    #12     Nov 1, 2024