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What is Lockout?

How to use lockout and what types are available

Updated over 2 months ago

Lockout

  • Set rules to stop trading if you lose too much, trade too often, or even if you reach a profit target.

  • You can also manually lock yourself out at any time using the "Lockout" button.

Use the Emergency Lockout icon πŸ”’ at the top right of your screen to manually lock yourself out.

Lockout Types

  • Daily Loss Limit - stops trading once you reach a set maximum loss for the day.

  • Daily Profit Target - locks trading after you hit a profit goal.

  • Max Daily Trades - locks trading after you have taken a set number of trades for the day.

  • Allow Trades - allows trading only during specific sessions such as the New York session.

  • Manual Lockout - click the Lockout button at any time to immediately stop trading for the rest of the session.

Each trading day runs from 5:00 PM to 4:00 PM Central Time, Sunday through Friday. If you are locked out, the lockout remains in place until the session ends at 4:00 PM Central Time.

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