Learn › Risk Management › Max Daily Loss
Risk ManagementMax Daily Loss
A hard limit on how much you can lose in one day — forces you to stop trading.
Set a daily loss limit (e.g., 3% of account). When you hit it, close all positions and walk away. This prevents the revenge trading spiral where one bad trade leads to five more. Our engine caps alerts at 10 per day for the same reason — discipline over volume.
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TradeMonk uses Max Daily Loss in real-time trade alerts with automatic risk management. Get notified when setups form — try it free.
Get Early Access →Risk:Reward Ratio
How much you stand to gain vs. how much you risk on a trade.
Stop Loss
A predetermined price where you exit a losing trade — non-negotiable.
Position Sizing
How many shares to buy based on your risk tolerance.
Breakeven Stop
Moving your stop to your entry price once the trade moves in your favor.
Scratch Trade
Exiting a non-performing trade near breakeven before the stop is hit.