Stop Loss Limit

Selecting this option from the Indicator Menu will plot a line across your screen indicating the Stop Loss Limit for the selected Issue. This will only appear if you have indicated to the system that you own shares of this issue. To modify the percentage that is used to calculate the Stop Loss Limit see Portfolio Parameter Maintenance.

The Stop Loss Limit works as a trailing stop on the issues that you own. Every time your issue moves to a new high, the Stop Loss Limit automatically moves up accordingly.

You can use the stop loss limit to lock in your gains. This is an excellent way to also limit your losses.