Abitility to block a certain ticker for the day

[3acor]

Hey,

A lot of times if I take a loss on the stock due to me doing a bad trade on it, I tend to want to make it back and I end up losing more on it

Would it be possible to have an option where we can block a certain ticker for the whole trading session? That way we cannot even see the chart for that ticker

Thanks in advance

Edited September 20, 2021 by 3acor

[Jerry Medved]

no, do not have anything like that and would cause way too many problems

[wilburpost2]

You could do something simple like changing the chart to a different symbol. Then, when your discipline returns you could switch back with a new MT feature, Alt + left arrow.

[3acor]

15 hours ago, wilburpost2 said:

You could do something simple like changing the chart to a different symbol. Then, when your discipline returns you could switch back with a new MT feature, Alt + left arrow.

Thanks for the answer, another way I can do it is just clear the data for that ticker and backfill it again as another ticker. That way the data on the ticker is wrong 

[dubcanada]

You may not be able to do it in Medved, but you can probably do it via your broker. Most good brokers will let you say "don't let me trade X,Y".

[Mike Medved]

"Most good brokers will let you say "don't let me trade X,Y".  - never heard of it (but that doesn't mean it's not true). Which broker do you know that does that?

[dubcanada]

colmex pro, which is CFDs so a bit different. I've also tried IB and they did it for me, a bit different they just temporarily increased the margin requirements for that ticker.

But I believe most have basic risk management protocols, like you can call up and ask them to not let you go below $200 loss for the day or flatten all positions, etc.

I guess limiting your ability to trade specific tickers may be asking a bit too much.

[3acor]

22 hours ago, dubcanada said:

colmex pro, which is CFDs so a bit different. I've also tried IB and they did it for me, a bit different they just temporarily increased the margin requirements for that ticker.

But I believe most have basic risk management protocols, like you can call up and ask them to not let you go below $200 loss for the day or flatten all positions, etc.

I guess limiting your ability to trade specific tickers may be asking a bit too much.

Yes I asked IB if they can restrict certain tickers and they don't do that. I submitted a request though.