Risk the same amount on every trade? Set default targets and stop losses once, and TraderSync adds them to every new trade automatically.
- Click the Settings gear at the bottom left of the side navigation.
- Under Trading Tools & Strategies, click Targets & Stops.
- Under Activate default Targets & Stop Losses, choose Yes.
- Choose your Base price: AVG or Entry.
- Under Rule type, pick Preset Price, Preset Percentage, Profit-Loss Ratio or Profit-Risk Values.
- Fill in the values for that rule. With Profit-Loss Ratio, pick a Profit/Loss Ratio such as 2:1 and type your Risk Amount in dollars per trade ($2 to $30,000).
- Optionally tick Apply this configuration to all your current trades to update your existing trades too.
- Click Save.
Profit Aim and Risk at the bottom of the page let you calculate them from the Avg Entry Price or the First Entry Price. Choose No under the activation switch to turn default targets and stops off. The activation switch, Base price, Profit Aim and Risk choices apply as soon as you click them; the rule and its values need Save.