Set Daily P&L Limits

In-app tour: “Risk Management Template Guide”.

Risk Management templates protect your accounts with daily profit and loss limits. When a limit is hit, copying stops — preventing over-trading.

Naming. Name templates by risk level so they’re self-explanatory: “Conservative – $500 Max Loss”, “Prop Firm Rules”, “Aggressive”. Document the reasoning in the description.

Max Daily Win. Sets a maximum daily profit target. Check the box to enable it, enter the dollar amount, and optionally enable “Enforce on Open Trades”. When the target is reached, copying stops — useful for locking in profits, and some prop firms actually have daily profit targets.

Max Daily Loss. Sets a maximum daily loss limit. Check the box, enter the dollar amount (as a positive number), and optionally enable “Enforce on Open Trades”. When it’s hit, copying stops to prevent further losses. This is essential capital protection.

Max Daily Trailing Drawdown. A dynamic loss limit measured from your highest balance of the day: the limit trails up as your balance increases but never moves down. Check the box, enter the drawdown amount, and optionally enforce on open trades. This mirrors a common prop-firm account rule.

Enforce on Open Trades. When enabled for any of the three limits, the copier monitors unrealized P&L on open positions — and if the limit is breached, it FLATTENS all positions immediately. This gives real-time protection; without it, limits only check realized P&L. It’s more protective, but be aware it can cause unexpected flattens.

Combining limits. You can enable multiple limits at once: Max Win + Max Loss brackets your daily range, and Trailing Drawdown protects profits while limiting losses. Combine them to match your trading rules or your prop firm’s requirements.