Trade Limits
The Trade Limits feature allows traders to set limits on the maximum number of trades they can execute per day or per week.
Trade Limits
Follow these simple steps to configure your Trade Limits on ProjectX:
Navigate to the Risk Settings from the Settings menu
Locate Trade Limits:
You’ll find two fields under the Trade Limits section:
Maximum Trades per Day: Enter the maximum number of trades you want to execute in a single day.
Maximum Trades per Week: Enter the total number of trades allowed for the week.
Input Your Limits:
Type the desired trade limits into the respective fields.
For example:
Maximum Trades per Day: 10
Maximum Trades per Week: 50
Click 'Save' to save your settings
When a Trade Limit is enabled, a countdown will display on the Risk Settings page, allowing you to track the number of trades remaining.
Important Notes:
If you reach the set trade limit for the day or week, the platform will block opening new positions and new orders - this cannot be reversed.
If you reach the set trade limit for the day or week and you have an open position, then you will only be allowed to create Take Profit / Stop Loss orders, Breakeven orders or Flatten All / Cancel All.
A notification will alert you that your trade limit has been reached and the Lock Out Timer will appear on the header of the platform.
Warning: Trade Limits are ignored on Follower Accounts when included in the Trade Copier.
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