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Trading Restrictions

Trading Restrictions

Updated over 2 weeks ago

Trading Restrictions

Contents

Symbol Block

How to Block a Symbol

  1. Go to your Account Risk Settings

  2. Scroll down to the Symbol Blocks section

  3. Click the dropdown and select or search for the symbol you want to block (e.g., /ES for the S&P 500 E-mini)

  4. Click “Add Block”

  5. Click "Save" to save your settings

  6. The symbol will now appear in the Current Symbol Blocks list

Contract Limits

What Are Contract Limits?

Contract Limits let you decide how many contracts your account is allowed to trade at one time per symbol. You can:

  • Set Per-Symbol limits for more customized control

How do Contract Limits work?

  • The system checks your open positions + working orders on each side of the market (buy/sell).

    • The Contract Limits applies independently per side (buy/sell)

  • If placing a new order would exceed your set limit on either side, the system will reject the order.

  • ProjectX bracket orders (Take Profit / Stop Loss) do not count toward your contract limit.

  • The account’s maximum position size can never be exceeded

How to Set Contract Limits

  1. Go to Settings → Risk Settings page

  2. Find Contract Limits section:

    1. Symbol contract Limit

  3. Enter your desired limit(s) per symbol

  4. Save your settings - you're all set!

Examples:

Contract Limit: 3 NQ contracts Account size: 50K (max position 5 minis / 50 micros)

  • Trader places 2 NQ Buy Stops working (Accepted)

  • THEN trader places 1 NQ Buy Market with TP/SL orders (Accepted)

  • THEN trader attempts to place another NQ Buy Limit for 1 contract (Rejected = over 3 NQ buy side limit)

Result:

  • Buy-side total = 2 Buy Stops + 1 Market Buy = 3 contracts

  • Sell-side total = 0 contracts


Contract Limit: 3 NQ contracts and 3 ES Contracts Account size: 50K (max position 5 minis / 50 micros)

  • Trader places 3 NQ Buy Stops working (Accepted)

  • THEN trader places 1 NQ Buy Market with TP/SL orders (Rejected = max contract size NQ exceeded)

  • THEN trader buys 3 ES Buy Stops (Accepted)

  • THEN the 3 working ES Buy Stops are filled (Accepted)

  • AND when the NQ market reaches the NQ Buy Stops prices, the order will be rejected and removed from working due to exceeding the maximum margin (i.e. max position size)

Result:

  • NQ Buy-side total = 3 contracts

  • ES Buy-side total = 3 contracts

Note: Since the trader had both 3 ES and 3 NQ working on the Buy side but the account’s max position size is 5, the first will be filled and accepted while the other would be rejected due to exceeding the account’s max position size.


Symbol Contract Limit: 3 NQ contracts and 3 ES contracts Account Size: 50K (max position 5 minis / 50 micros)

  • Trader places 2 NQ Sell Limits working (Accepted)

  • THEN trader places 2 ES Buy Stops working (Accepted)

  • THEN trader places 2 ES Sell Limits working (Accepted)

  • THEN trader places 1 ES Buy Market (Accepted)

  • THEN trader places 1 NQ Market Sell with TP/SL orders (Accepted)

Result:

  • ES Buy-side total = 3 contracts

  • ES Sell-side total = 2 contracts

  • NQ Sell-side total = 3 contracts

Total Open positions = 2 contracts


Contract Limit: 5 ES contracts and 6 NQ contracts Account Size: 100K (10 minis / 100 micros)

  • Trader places 4 working ES Buy Stops (Accepted)

  • THEN trader places 1 ES Buy Market with TP/SL orders (Accepted)

  • THEN trader places 5 working ES Sell Limits (Accepted)

  • THEN trader places 6 NQ Sell Market (Accepted)

  • THEN trader attempts to Buy 1 ES Market (Rejected = over buy side 5 total limit)

  • THEN Trader Sells 1 ES Market (Accepted, reducing buy side ES total to 4)

Result:

  • Buy-side ES exposure = 5 contracts then reduced to 4 after the final sell market order: When trader enters 5 Sell Limits, they would get accepted (5 total sell side)

When trader enters Buy 1 Market - they would get rejected (exceeds

  • When traders Sells 1 ES Market accepted since it reduces the open buy side total to 4 total ES since they were long 1 and had 4 working

  • NQ Buy-side total = 6 NQ

  • NQ Sell-side total = 0 NQ contracts

Note: If the market reached the trader’s working 5 ES sell limit (all at same price), the order would be rejected due to the account’s max position size of 10 contracts since they already have an open 6 NQ position.

Trade Limits

Follow these simple steps to configure your Trade Limits on ProjectX:

  1. Navigate to the Risk Settings from the Settings menu

  2. Locate Trade Limits:

    • You’ll find two fields under the Trade Limits section:

      • Maximum Trades per Day: Enter the maximum number of trades you want to execute in a single day.

      • Maximum Trades per Week: Enter the total number of trades allowed for the week.

  3. Input Your Limits:

    • Type the desired trade limits into the respective fields.

    • For example:

      • Maximum Trades per Day: 10

      • Maximum Trades per Week: 50

  4. Click 'Save' to save your settings

Trade Limits

When a Trade Limit is enabled, a countdown will display on the Risk Settings page, allowing you to track the number of trades remaining.

Important Notes:

  • If you reach the set trade limit for the day or week, the platform will block opening new positions and new orders - this cannot be reversed.

  • If you reach the set trade limit for the day or week and you have an open position, then you will only be allowed to create Take Profit / Stop Loss orders, Breakeven orders or Flatten All / Cancel All.

  • A notification will alert you that your trade limit has been reached and the Lock Out Timer will appear on the header of the platform.

Warning: Trade Limits are ignored on Follower Accounts when included in the Trade Copier.

Lock Risk Settings

Locked Risk Tools

When the Risk Settings Lock is enabled, the following risk management features will be locked and cannot be adjusted:

  • Personal Daily Loss Limit (PDLL): Prevents changes to your Personal Daily Loss Limit.

  • Personal Daily Profit Target (PDPT): Ensures your Personal Daily Profit Target remains fixed.

  • Daily/Weekly Trade Limits: Locks your Daily/Weekly Trade Limit.

Once these settings are locked, traders will not be able to modify their risk parameters for the current day. However, traders will still have access to:

  • Default Brackets: Traders can modify their default brackets.

  • Personal Lockout Feature: The ability to manually lock themselves out of trading if needed.

How to Enable the Risk Settings Lock

To activate the Risk Settings Lock, follow these steps:

  1. Navigate to the Risk Settings section in the platform.

  2. Locate the "Lock Out Risk Settings For Day" button at the bottom of the page.

  3. Click the button to initiate the lock.

  4. A confirmation window will appear, outlining the settings that will be locked.

  5. Select "YES, LOCK FOR TODAY" to confirm and apply the lock.

Lock Risk Settings

Confirmation Modal

Once confirmed, any attempts to modify the locked settings will be restricted until the next trading day at 5 PM CT.

Risk Settings Locked for Day

  • Irreversible Until Reset: Once enabled, the risk settings will not be unlocked until the next session.

  • Plan Ahead: Ensure your risk parameters are appropriately set before activating the lock.

  • Compliance & Discipline: Using this feature helps enforce personal risk management discipline and prevents emotional decision-making.

Trade Clock

How the Trade Clock Works

When enabled, the Trade Clock prevents traders from entering new orders related to their existing trade. However, traders will still have the ability to manage their open positions by adjusting or closing them. This feature is ideal for those who want to follow a structured trading plan and avoid impulsive decisions.

Key Features:

  • Prevents new order entries: Traders cannot add new positions or orders

  • Manage open positions: Traders can still modify and exit existing trades

  • Configurable time intervals: Select from predefined or custom time durations

How to Enable the Trade Clock

The Trade Clock can only be enabled when there is at least one open position and/or working order in the market. Follow these steps to activate it:

  1. Navigate to Risk Settings:

    • Open the platform settings.

    • Go to the "Risk Settings" tab.

  2. Set a Trade Clock Timer:

    • Select from available time options (e.g., 1 min, 2 min, 5 min, 10 min, or custom.)

  3. Enable Trade Clock:

    • Click on “Enable Trade Clock.”

    • A confirmation modal will appear, summarizing the lock period and restrictions.

  4. Confirm Activation:

    • Click “Enable Trade Clock” to proceed.

Trade Clock

Confirmation

Managing Trades While the Trade Clock is Active

Once the Trade Clock is enabled:

  • Traders cannot add new positions or orders until the timer ends

  • Traders can:

    • Add or modify stop-loss and take-profit orders

    • Flatten or exit their current positions

    • Cancel existing working orders

Important Notes

  • The Trade Clock is irreversible once enabled, meaning it will remain active for the selected duration or until the active position and/or orders are closed/cancelled.

  • A warning message will be displayed before activation, ensuring traders are aware of the restrictions.

  • If there are no active trades or working orders, the Trade Clock cannot be enabled.

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