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Risk management

Stop your mental bias. Follow your trading plan.

ontheprofitside.com risk management

We're offering two indicators for your trading platform: Trading session and Economic calendar news and alerting.

Trading session indicator

With the Trading session indicator you will be able to define your max daily drawdown, the max open volume for an open position, max daily open positions, and other alerts to make sure you're not bypassing your trading plan limits.

You'll also see a live statistics in the chart which contains instant and closed PnL, total commissions, net PnL, max/min instant PnL per session and live volatility ticks for the current instrument.

Forget about remembering when the current instrument contract expires, you'll see an alert 1 week before it happens, so you can monitor when to move to the next one in advance.

This indicator will collect all your trading session history and send it to the analysis portal, for you to analyse it whenever you want. Forget to fill a spreadsheet that is never reviewed professionally! This indicator is responsible to collect metrics like the Optimized PnL and other advanced metrics.

When you subscribe to the Advanced 🔮 plan, you'll be able to enable the Live ranking feature here as well.

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Economic calendar (news) indicator

With the Economic calendar indicator you will be able to get notified when important news happens.

You can define the period before and after the news to get notified. You'll always receive an alert when the news happens.

By default you'll see a summary of the news from the current day and when happens.

If you hover over the summary line, you'll see all the details of the current day news.

If you configure the Telegram integration, you'll also receive an alert in your Telegram account.

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Risks 🛟

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Live Trade Room: This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.