The Killswitch you already know is an account-wide stop sign — when it trips, every strategy stops opening new trades. The Per-Strategy Killswitch is the same idea aimed at a single strategy: give one strategy its own profit and loss guardrails, and when it hits them, only that strategy flattens and steps aside. Your other strategies keep trading.
This is the guardrail to reach for when you run more than one strategy and want each to quit on its own terms — a fast strategy on a tight leash, a slower one on a looser one — instead of a single account-wide number that halts everything at once.
Where to find it
Open the Strategies page, create or edit a strategy, and go to the Killswitch tab. Turn on Enable Killswitch (it's off by default) and set any of the four targets below. Set a target to 0 to leave that trigger off.
The four targets
You get two pairs of targets — one measured on trades that have already closed, one that also counts your open trades:
- Realized — completed trades. Based only on this strategy's trades that have already closed today.
- Profit Target — flatten and stop once this strategy's realized profit reaches this dollar amount.
- Loss Limit — flatten and stop once its realized loss reaches this dollar amount.
- Unrealized — live. Based on this strategy's total live day P&L — realized so far plus the current value of its open positions, updating every second.
- Profit Target / Loss Limit — the same idea, except it can trip while a position is still open.
Set any combination you like; whichever target is reached first takes over. Each strategy has its own set — they don't affect each other, and paper and live are counted separately.
What happens when it trips
Unlike the account-wide Killswitch, which only stops new trades, a per-strategy killswitch flattens that strategy's open trades — market-closes them — and stops it from opening new ones for the rest of the day. Anything your other strategies (or you, by hand) have open is left completely alone.
On the strategy's card you'll see a red Killswitch locked for the day banner and a 🔒 LOCKED badge. While a strategy is armed but hasn't tripped yet, its card shows a small KS badge, so you can tell at a glance which strategies are guarded.
Note
A per-strategy killswitch and the account-wide Killswitch work side by side. If the account-wide one trips, everything stops; if a single strategy's trips, just that one stops. Either can end a strategy's day, and an account-wide Flatten All always supersedes a per-strategy stop.
Unlocking for the rest of the day
Changed your mind? Press Unlock Killswitch on that strategy's red banner and confirm. The strategy starts taking trades again for the rest of today, and a small "🔓 Killswitch unlocked for the rest of today" note replaces the banner. Your targets aren't deleted — they re-arm automatically at the next daily reset, so there's nothing to turn back on.
Example
You run two strategies. On Copy Trade Stax you set a Realized Loss Limit of $300; your other strategy has no killswitch. Copy Trade Stax has a rough morning and its closed trades hit −$310. That strategy immediately flattens its open positions and stops opening new ones — its card shows 🔒 LOCKED — while your other strategy keeps trading all afternoon as if nothing happened. Tomorrow, Copy Trade Stax's $300 loss limit is armed again automatically.
Tip
Pair the Unrealized loss limit with a busy strategy so a single large open position can't blow past your number before it closes — the same reason the account-wide unrealized killswitch exists, but scoped to just this strategy. If instead you want to cap how many losing trades a strategy takes rather than a dollar amount, that's Max Loss Count.