Tradovate Trader has a variety of simple controls that can help you manage your risk level. This includes automating loss limits and profit triggers, allowing trades of only permitted products, and setting position limits. Knowing how to utilize these tools is crucial to your trading experience
Useful links in understanding how to set limits for your Tradovate account:
Position Limits: https://tradovate.zendesk.com/hc/en-us/articles/360035752033-How-do-I-set-a-Position-Limit-on-my-account-
Permitted Products: https://tradovate.zendesk.com/hc/en-us/articles/360035752153-How-do-I-set-Permitted-Products-on-my-account-
Daily Loss Limit: https://tradovate.zendesk.com/hc/en-us/articles/360035750553-How-do-I-set-a-Daily-Loss-Limit-on-my-account-
Weekly Loss Limit: https://tradovate.zendesk.com/hc/en-us/articles/360035268834-How-do-I-set-a-Weekly-Loss-Limit-on-my-account-
Trailing Max Drwadown: https://tradovate.zendesk.com/hc/en-us/articles/360035269274-How-do-I-set-a-Trailing-Max-Drawdown-on-my-account-
Weekly profit Trigger: https://tradovate.zendesk.com/hc/en-us/articles/360055047574-How-do-I-set-a-Weekly-Profit-Trigger-on-my-account-
Daily Profit Tragger: https://tradovate.zendesk.com/hc/en-us/articles/360055047454-How-do-I-set-a-Daily-Profit-Trigger-on-my-account-
Locking Settings: https://tradovate.zendesk.com/hc/en-us/articles/360057227394-How-do-I-lock-my-account-risks-settings-