How does StopLossPercent work?

StopLossPercent defines the maximum loss threshold for a trade. It acts as a system-enforced safety net to automatically close positions that move too far against you.

⚙️ How It Works

  • Example Configuration:
StopLossPercent: 30.0

  • Meaning:

    • If the market price moves 30% below your entry price, the trade is automatically closed.
    • This prevents further losses beyond the defined threshold.

  • Applies to All Trades:

    • Manual trades
    • Auto-trades
    • DCA (Dollar-Cost Averaging) positions

  • Enforced at the system level, independent of strategy signals, trailing stop-loss, or alerts.

⚖️ Why It Matters

  1. Protects your capital from extreme market moves.
  2. Prevents catastrophic losses, especially during high-volatility events.
  3. Works consistently across all trading modes, ensuring uniform risk management.

🚀 Summary

  • StopLossPercent = Maximum allowed loss per trade.
  • Automatically closes trades when price hits the defined loss level.
  • Essential for risk management, applicable to all trades, including DCA and auto-trading.

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