Analysis Techniques & Strategies

Stop Loss LX (Strategy)

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Input Information

Name Type Default Description
Amount Numeric 1 Amount of loss, in dollars, at which point the position will be closed.
PositionBasis True/False False True/False trigger allowing you to calculate profit either per position or per share. To calculate profit per position, enter True.


Long exit based on a specified dollar loss.


This strategy enables you to specify the maximum amount of money you are willing to risk on any position, or on a single share. You can change the dollar amount at which you want to exit your positions. You can also have the stop calculate on a per share basis.

This strategy will only generate an exit from a long position.

Order Name: Money Mngmt Stop

Related Strategy: Stop Loss, Stop Loss SX

Related Function(s): None