This is possible to set limits before publishing your strategy as master or copying the strategy as a copier. Control your risks by choosing a Profit/Loss % level and allocation type.
Profit and Loss limits can be set on the strategy subscription page/publish strategy, to protect your account from unexpected risks. It is a daily limit of your funds in %, this will be counted from the beginning of the day (00.00 CET). If the profit or loss level is reached, all positions are closed automatically.
What is happened once one of the limits is reached?
For the COPIER:
The copying will be paused. The trading will be resumed at the beginning of the next working day 00:00
For the MASTER:
The trading account will become disabled. The trading will be resumed at the beginning of the next working day 00:00
Example: Your account balance is $100, you set the Daily Profit Limit to 50% (that is $50), then the trading will get stopped automatically, and all positions will be closed when equity reaches $150.
And if the Daily Loss Limit is set to 50% (that is 50$), then the trading will be stopped automatically, and all positions will be closed when equity of 50$.