Session Target & Daily Profit Lock
Lock in daily trading gains and enforce max loss floors to eliminate revenge trading and greed.
What It Does
ChartWise Session Target acts as an automated discipline governor. Once your combined realized plus floating P&L hits your target, ChartWise closes all open trades and locks your session.
How It Works in ChartWise
- Set Boundaries: Choose daily target upside and loss floor.
- Automatic Tally: Tracks closed + floating P&L across all tickets.
- Auto-Execution: Positions close in milliseconds upon reaching boundaries.
Settings & Configuration Options
| Parameter | Value | Outcome |
|---|---|---|
| Profit Goal Reached | +$1,500 (+3.0%) | Closes all trades, sends victory notification, locks session. |
| Max Loss Floor Hit | -$750 (-1.5%) | Closes all trades, stops revenge trading immediately. |
When to Use It
- Overtrading Prevention: Stop giving back morning profits in the afternoon.
- Revenge Trading Circuit Breaker: Protecting psychological capital.
"Knowing when to walk away with profit is what separates full-time traders from gamblers."
Ready to Trade with Session Target & Daily Profit Lock?
Connect your MetaTrader 4 or 5 account and experience institutional execution control.
Request Early Access