Max Daily Loss on TWS Interactive Brokers

[MorganC 0]

I know a lot of traders set a max daily loss where their broker closes their positions on the day if they reach a certain set loss amount. I am using TWS with Interactive Brokers and can't seem to find a way to set a max daily loss limit. Am I missing anything or is this just not available on this platform? Thanks to anyone who has insight on this!

[TC 3]

Hi Morgan

I've tried to find this also and have not been able to find any risk controls with Interactive Brokers from my searches.

I've recently moved from DAS to TradingView and was looking to replicate the DAS risk controls I had directly with Interactive Brokers.

If you happen to uncover any would love to know.

TC

[Martin D 29]

Hi,

I believe in DAS you have to call them so I'd assume you'd need to do the same with IB. I did find from the extremely accurate source that is reddit that someone tried this and IB don't offer it but can't hurt to try, maybe they will do it if enough people request it.

[MorganC 0]

Thanks Martin, I will give them a call. Good idea 👍