Glossary › weekly loss limit
Trading glossary · risk
weekly loss limit
A rule that makes you stop trading for the rest of the week once you have lost a set amount.
The fuller meaning
A pre-set maximum loss per week, such as 6% in the sample rulebook; once hit, trading stops until the next week. Like the daily limit it only works if set before trading starts and is never raised to win money back.
weekly loss limit.
Related words
1% rule · ATR stop · average loss · average win · breakeven · breakeven win rate · correlation · daily loss limit · drawdown · equity curve