AccountDayLossLimitPC Property

The maximum percentage of the account balance that this account may lose in a trading day.

Definition

Namespace: T4.API
Assembly: T4API.47 (in T4API.47.dll) Version: 4.7.0.0 (4.7.68.4)
C#
public int DayLossLimitPC { get; }

Property Value

Int32

Remarks

If the P&L for the account is negative and exceeds this percentage of the account balance then the account will only be allowed to enter orders that will reduce it's position. New positions are not allowed to be opened. A value of 25 means that the account can lose up to 25% of it's balance, e.g. $2,500 of $10,000.

Note: The system will NOT automatically pull working orders or close out open positions when this limit is exceeded.

See Also