Risk controls
Every ZTA setup has limits that protect your account. We set them with you before you go live.
Stops on every trade
Section titled “Stops on every trade”Each trade is sent with a stop. If the trade goes the wrong way, the stop closes it at a set price. No trade is left open without one.
Daily loss and profit limits
Section titled “Daily loss and profit limits”MoneyManager is our risk tool that runs inside NinjaTrader. For each account, you can set:
- Daily max loss: if the account loses this much in one day, all trading stops until the next day.
- Daily max profit: if the account makes this much in one day, trading stops and the gains are protected.
Change your limits
Section titled “Change your limits”- In NinjaTrader, go to New > ZTA MoneyManager.
- Double-click a cell under Daily Max Profit or Daily Max Loss and type a new value.
- To copy the first value to every account, click the column header.
- Save. MoneyManager keeps running in the background.
You can always stop
Section titled “You can always stop”You can turn off any strategy, or all of them, at any time. If you are not sure what to do, contact us first. We will walk through it with you.
