How Trading Guard Works
Trading Guard helps you maintain disciplined trading by monitoring your account in real-time and enforcing the rules you set. After linking your trading account, you can define rules. Trading Guard then monitors your activity, and if a rule is breached, it immediately closes the offending position and blocks new trades for the rest of the day. This automated approach helps you stick to your strategy and manage risk effectively.
Enforcement
The enforcement process is the core function of Trading Guard. Here’s how it works:
-
Real-Time Monitoring: Trading Guard continuously tracks your trades and account activity.
-
Rule Detection: If a set rule is breached, Trading Guard instantly detects it.
-
Automatic Action: The system closes the violating position to prevent further loss.
-
Trade Lockdown: No new trades are allowed for the rest of the day after a rule is breached.
-
Reporting: Trading Guard provides a detailed event report of the enforcement action, helping you refine your strategy.