equity stop loss question?

Created at 23 Feb 2021, 07:15
S1

s1.dasher1

Joined 23.02.2021

equity stop loss question?
23 Feb 2021, 07:15


I set a stop loss if my account drops to 500$. if the trader has an open position and its losing, when it reaches the 500$, my account will close the position automatically? or does the position only close when the trader executes the order? this could save me from a scam.


@s1.dasher1
Replies

PanagiotisCharalampous
23 Feb 2021, 08:48

Hi s1.dasher1,

When the stop loss for your account is reached, then all positions of your copying account will be closed automatically.

Best Regards,

Panagiotis 

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@PanagiotisCharalampous