Yes, traders can now use the risk settings on Tradovate evaluation and funded Sim/Live accounts.
You can set a Daily Loss Limit, Weekly Loss Limit, Daily Profit Trigger, or Weekly Profit Trigger directly in Tradovate. Once the selected limit is reached, positions will auto-liquidate in line with your chosen settings.
This feature is now fully available, and you may adjust your account risk preferences as needed.
What is the manual lockout feature?
The manual lockout is a self-set trading stop. This means that the trader sets a daily loss or risk limit, and once that limit is reached, the account is automatically locked from placing new trades for the rest of the session.
Once a daily limit has been set, it cannot be overridden or adjusted by our team. If a user reaches or sets a restrictive limit that results in a lockout, the restriction will remain in place until the current trading session ends. Trading can be resumed when the market reopens.
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