does anyone only use the "maximum" $$$ loss (per day) feature as your only stop?...I do...on my platform when the certain USD$$$ loss amount is hit a market order is instantly fired off and my position liquidated...I may use a mental trade out stop if the "max" loss feature is not hit yet...I never ever place certain per point stop orders...I've only used the "maximum" $$$ loss feature and actual mental trade out stops...does anyone use this solely like I do or use it as a "back up" to another per point hard stop???
no. my mental max daily loss limit is how much i can borrow on credit and against my house i'm the type that likes to go balls deep... errr... i mean, go balls out