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Risk Management Features

Written by Tradesyncer
Updated over a week ago

These tools help you stay disciplined and protect your account by giving you control over when trading stops and how risk is managed.
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Important: Locked accounts are only restricted inside Tradesyncer. You can still place trades directly through your broker or trading platform.
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Lockout Options

You can lock one or multiple accounts using any of the following methods:

Per Session

  • Lock during the Asia session

  • Lock during the London session

  • Lock during the New York session

Quick Time Presets

  • 30 minutes

  • 1 hour

  • 3 hours

Custom Lockout

  • Set a specific date and time

What happens when an account is locked

When an account is locked:

  • All open positions are closed immediately

  • All pending orders are canceled

  • No new trades are copied

  • Account settings are frozen and display a lock icon

You can still monitor locked accounts from the Risk Management page.
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Important:
Lockout is a Tradesyncer-only feature. It does not restrict trading at the broker level. You can still manually trade the account directly in Tradovate or your trading platform.
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Daily Risk Controls

Daily Loss Limit (DLL)

Your Daily Loss Limit tracks your total loss for the trading session and acts as your hard stop for the day.

How it works

  • Starts at 6:00 PM ET

  • Based on Net P/L

  • Includes:

    • Realized P/L

    • Open P/L

    • Fees and commissions

  • Updates in real time

DLL Action

When your Daily Loss Limit is reached:

  • All positions are closed

  • All orders are canceled

Important:

  • Hitting DLL does NOT automatically lock your account

  • Lockout must be configured separately

Daily Profit Trigger (DPT)

Your Daily Profit Trigger sets a maximum profit target for the trading session.

How it works

  • Starts at 6:00 PM ET

  • Based on Net P/L

  • Includes:

    • Realized P/L

    • Open P/L

    • Fees and commissions

  • Updates in real time

DPT Action

When your Daily Profit Trigger is reached:

  • All positions are closed

  • All orders are canceled

Important:

  • Hitting DPT does NOT automatically lock your account

  • Lockout must be configured separately

How Risk Settings Are Applied

  • DLL and DPT are applied directly to your Tradovate account via API

  • The values you set in Tradesyncer are the source of truth at the account level

  • These protections operate at the broker level, not just inside Tradesyncer

In contrast:

  • Lockout is separate

  • It only prevents trade copying within Tradesyncer

  • It does not block manual trading on the account itself

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