Revenge trade

[voltation]

Can I configure NT8 to block further trading during the day after taking a loss?
This would be useful to avoid revenge trading.
Thanks

[NinjaTrader_Manfred]

Hello voltation,

Thank you very much for your post.

NinjaTrader inherits all risk management settings for live accounts directly from the brokerage. This means if you would like your live account to be restricted, you would have to set this restriction up through your brokerage.

If your account is with NinjaTrader, please reach out to our team at brokeragesupport (at) ninjatrader (dot) com, they can then assist you further.

If you would like to set this up on a simulated account, e.g. the Sim101 account, you can use the integrated risk management settings. More information in this regard may be found below:

https://ninjatrader.com/support/helpGuides/nt8/using_the_risk_window.htm

Should you have any further questions, please don't hesitate to let me know!