What's new

Circuit breaker

The circuit breaker pauses trading for you when the day's closed trades lose, or make, as much as you say. It has its own switch on the Auto sizing page, under Change my size.

Step 1. Open Auto sizing

In a workflow's Trade settings, on its trade card, or in Trade settings for a signal group you follow or own, tap Auto sizing. (A workflow needs a budget for it; a signal group does not.)

Step 2. Turn on Circuit breaker and set your numbers

Switch on Circuit breaker. Two boxes appear:

  • Pause at a day's loss of: a % of your account, or $.
  • Pause at a day's profit of: the same, for a good day.

Leave one empty to keep it off.

Circuit breaker on: pause at a day's loss of $200, back tomorrow

Step 3. Pick how long

Once a number is typed, pick under it how long the pause lasts:

ChoiceTrading comes back
Back tomorrowAt the next trading day's open, 9:30 AM ET (Friday goes to Monday; market holidays are skipped).
For a weekAt the open a week later.
Until I turn it onOnly when you turn it back on yourself.

Circuit breaker: pause at a $200 loss, back tomorrow; pause at a $500 profit, until I turn it on; the sentence under it says back at the next trading day's open, 8:30 AM CT

The same on a computer

What happens when it trips

  • Your workflow pauses. Trades already open keep their stops and targets.
  • If people follow your workflow, it keeps running for them. Only your own trades are paused.
  • A signal group you follow: automatic taking of that group's plays stops. You can still take a play by hand.
  • A signal group you own: only your own order on new plays is not placed. Your plays still go to your followers. Turn your orders back on in the group's Trade settings, or ask the chat.
  • You get one message that says why and until when, in your own time zone, for example "until tomorrow's open (8:30 AM CT)".
  • At that time it comes back by itself, and you get one message that it is back on.

For a group you follow, it is the same Auto sizing page from your Trade settings, the same two switches:

Trade settings for a group you follow: the Auto sizing row reads −50% after 1 loss, pauses at −$200

Turn it back on early

Turn the workflow back on (its switch, or ask the chat). For a group you follow, switch Take every play automatically back on in its Trade settings.

If you ask the chat

You sayAtlas does
"Stop this workflow for the day if I lose $300"Adds pause_loss: {"amount": 300, "unit": "usd", "resume": "tomorrow"} to the card's bracket_auto_size.
"Pause after I make 5%, until I turn it back on"pause_profit: {"amount": 5, "unit": "pct", "resume": "manual"}.
"Stop taking this group's plays for a week if I lose $200 in a day"Signal-Trade-Settings with group_id and pause_loss: {"amount": 200, "unit": "usd", "resume": "week"}.
"Turn it back on now"Workflow-Update patch {"status": "active"}, or Signal-Trade-Settings accept_mode: "auto" for a group.
"Remove the loss limit"Sends pause_loss: {}.

Need help? Email accesspoint@finmanagerai.com.