Why Equity Protection Matters
When you're copying trades across multiple accounts, a single bad day on the master account can cascade losses to every connected slave. Without protection, there's nothing to stop drawdowns from wiping out account balances.
Equity protection acts as an automated circuit breaker. It continuously monitors your account equity in real-time and automatically takes protective action the moment a threshold is breached — even when you're asleep or away from your screen.
How Equity Protection Works
The system works in three parts: monitoring, thresholds, and actions.
ConnectXCopy monitors the equity of each protected account every few seconds. You define the thresholds (how much loss or gain triggers protection), and you choose what happens when those thresholds are hit.
Stop Loss Thresholds — Protecting Against Losses
You can configure stop loss protection using three different measurement types:
| Type | How It Works | Example ($10,000 account) |
|---|---|---|
| Percentage | Triggers when equity drops by X% from starting equity | 5% SL → triggers at $9,500 |
| Dollar Value | Triggers when equity drops by a fixed dollar amount | $500 SL → triggers at $9,500 |
| Absolute Floor | Triggers when equity falls below a fixed level | $8,000 floor → triggers regardless of starting equity |
Take Profit Thresholds — Locking In Gains
Equity protection isn't just about losses. You can also automatically lock in profits when your account hits a target:
| Type | How It Works | Example ($10,000 account) |
|---|---|---|
| Percentage | Triggers when equity rises by X% from starting equity | 10% TP → triggers at $11,000 |
| Dollar Value | Triggers when equity gains a fixed dollar amount | $1,000 TP → triggers at $11,000 |
| Absolute Cap | Triggers when equity exceeds a fixed level | $12,000 cap → triggers at $12,000 |
Protection Actions — What Happens When a Threshold is Hit
When a threshold triggers, one or more of these actions execute automatically, from least to most aggressive:
- Alert — Flags the account with a visual notification in your dashboard. No trades are affected. Use this for early warnings.
- Disable Copier — Pauses all copiers using this account as a slave. Existing positions stay open, but no new trades are copied. This stops the bleeding without closing positions.
- Close Copied Trades — Closes all trades that were placed by the copier, while leaving any manually placed trades untouched.
- Close All Trades — The nuclear option. Closes every open position on the account, including manual trades. Use this only as an emergency circuit breaker.
You can combine multiple actions. For example: Alert + Disable Copier + Close Copied Trades gives you a notification while simultaneously stopping new copies and closing existing copied positions.
Daily Reset Feature
When daily reset is enabled, the "starting equity" reference point resets at midnight UTC each day. This means percentage and dollar thresholds are calculated from the day's opening equity, not the original equity when protection was first enabled.
Why this matters: Without daily reset, a 5% stop loss on a $10,000 account always triggers at $9,500. With daily reset, if the account grew to $11,000 yesterday, today's 5% is calculated from $11,000 — so it triggers at $10,450. This gives you consistent daily risk limits that adapt to your account's current value.
This is especially useful for day traders and account managers who need to enforce daily loss limits regardless of cumulative performance.
Recommended Settings by Trading Style
| Trading Style | Stop Loss | Take Profit | Recommended Actions |
|---|---|---|---|
| Conservative | 3–5% | 5–10% | Alert + Disable Copier |
| Moderate | 5–10% | 10–20% | Alert + Close Copied Trades |
| Aggressive | 10–20% | 20%+ | Alert only |
| Account Manager | 5% | — | Disable Copier + Close Copied Trades |
Tip for account managers: Always set equity protection on client accounts. A 5% daily stop loss with "Disable Copier + Close Copied" gives you a solid safety net that clients will appreciate.
How to Set It Up
- Navigate to Equity Protection in your ConnectXCopy dashboard.
- Select the account you want to protect from the dropdown.
- Toggle the Enable switch to activate protection.
- Set your stop loss threshold — choose percentage, dollar, or absolute, and enter the value.
- Optionally set a take profit threshold to auto-lock gains.
- Select your trigger actions (alert, disable copier, close trades, or any combination).
- Optionally enable daily reset if you want thresholds recalculated each day.
- Click Save — protection is now active 24/7, monitoring your account continuously.