Why Keep R-Trader Pro Open?
Keeping R-Trader Pro open allows you to monitor your trailing threshold and close trades quickly if needed. This ensures you can manage positions efficiently during technical difficulties or unexpected market events.
Closing Trades in R-Trader Pro
Log In: Use your Rithmic credentials to access R-Trader Pro.
Navigate to Positions: Click on the "Positions" tab after logging in.
Close the Trade: Click the red "X" next to the position you want to close.
Emergency Trade Management
Technical issues are an unavoidable part of trading. Here’s how to stay prepared:
Multiple Access Points: Rithmic provides desktop, web, and mobile versions, allowing you to exit trades in case of power or internet outages.
Backup Plan: We highly recommend installing the Rithmic mobile app to ensure you have an alternative way to manage positions.
Using R-Trader Pro as a Failsafe: If your primary platform (e.g., Quantower) malfunctions, R-Trader Pro serves as your backup for closing trades.
Quick Access Matters: Having multiple access points can help prevent unnecessary losses and ensure you can react swiftly.
Best Practices for Emergency Situations
Internet or Power Loss? Use the R-Trader Pro mobile app to close trades. For technical support on the app, contact [email protected].
Before Logging Off: Always check R-Trader Pro to confirm all positions are closed and pending orders are canceled.
Important Considerations
Help Desk Limitations: The Help Desk cannot adjust account balances or close trades on your behalf. Traders must manage their own accounts, just as they would in a live market.
Flatten Accounts Feature: This function should only be used in genuine emergencies, as it may trigger multiple orders based on platform settings.
Stay Proactive & Prepared
At DayTraders.com, we emphasize trader responsibility and readiness. By understanding these tools and protocols, you can navigate technical challenges confidently and focus on trading success.
If you have further questions, feel free to reach out to our support team.
Content and resources provided by DayTraders.com, including simulated trading environments, are for educational purposes only. We do not offer real-money trading accounts, and no actual funds are deposited with or traded through our platform. Past performance is not necessarily indicative of future results.
Services are exclusively for non-professional traders.