What you can set
Everything you can set
It is a long list, so it is in three parts: the rules that hold you to your word, the keys you press in a trade, and then the settings window pane by pane, folded up. Open only the panes you are curious about. Where a line names the helper, that is the small program the app installs to talk to Trader Workstation.
01The ones that hold you to your word
- Daily stop A loss limit for the day, set before the open and unable to be loosened during it.
- Two reds ends the day After a run of losing trades the day is over. Set with the daily stop, and one-way like it.
- Trades past the plan Marks the trades taken after the day's plan was spent, and what carrying on cost.
- Lock the platform Shuts the broker and holds it shut when the limit is reached. Needs the helper to reach the platform.
- Position sizing Works out what you can risk from the account and the stop, rather than from how the last trade went.
- Evaluation accounts Tracks a prop account's floor and daily limit alongside your own.
02The four keys
Each key does one thing you chose while calm. Press it from the keyboard, the menu bar, the floating keys, or a Stream Deck — they all send the same key.
PROTECT
One press takes part off and, once the trade is ahead, moves the stop up. How much, and where the stop goes, is yours to set:
- How much it sells: the share your exit style sets, rounded up, always keeping one.
- Where the stop goes once the bid is ahead: break-even, or a margin over entry that you set.
- Before the bid is ahead, it sells and leaves the stop where it is.
- Holding one contract, it sells nothing and still moves the stop once ahead.
FLATTEN
Out. Everything sold at market, every working order cancelled.
- No settings. It always does exactly this.
RUNNER
Take one piece off the table and keep the stop under the rest.
- It sells what is left a slice at a time: a third of it by default.
- The stop is resized to what is kept before the slice is sold.
- When the slice is all that is left, it sells that at market and cancels the stop.
TRAIL
Puts the stop you already have on a trail. It sells nothing and places nothing.
- The start: nothing moves until the bid has been your start amount above entry.
- The distance: from then the helper keeps the stop that far under the highest bid it has seen since the press. Closer as the move runs, if you set it to tighten.
- The stop only moves up.
- It needs the helper running, a real-time quote, and one plain stop for the whole position.
- Only a press of TRAIL starts a trail. PROTECT and RUNNER start none.
- A press is for that position, that day.
- Try it on a paper account first.
03The settings window, pane by pane
Folded, because nobody needs all of it at once. Each pane opens with a click.
A paper account is held to the same rules as a real one, with nothing to choose: the daily budget, the stand-down after two reds and the trade cap bind whichever account Trader Workstation is logged into. A rule you only keep when it is expensive is not a rule you have.
General4 pages
Startup, updates, your day, and what this Mac runs
- Features
- Recording
- The sit
- Menu bar
Broker3 pages
What this Mac is plugged into, and what it may do there
- Broker
- Execution · needs the broker connected
- Gambler saver · needs the broker connected
Notifications1 page
When this app is allowed to interrupt you
- Bells and alerts
Appearance1 page
Light or dark, the money, and what the record shows
- Appearance
Keyboard2 pages
The keys that act on a live position, and the window over the chart
- Hotkeys
- Floating keys
Account3 pages
You, your Macs, your plan, and the coach's key
- Account · in the cabinet · also on the website
- Billing · also on the website
- Coach
Trading7 pages
Your playbook, your rules, and what a day may cost
- Rules and limits · also on the website
- Playbook · also on the website
- Daily stop · also on the website
- Position sizing · also on the website
- Evaluation account · needs an evaluation account · also on the website
- Tags · also on the website
- Goals · also on the website
Data5 pages
The record itself: reading it, copying it, clearing it
- Activity log
- Storage
- Archive
- Taxes · needs the tax export switched on
- Start over
Help3 pages
How it works, the small print, and the build
- How this works · also on the website
- Disclaimer · also on the website
- Version · also on the website