What is the Automatic Closure System?
The Automatic Closure System is WeMasterTrade’s risk control mechanism designed to prevent accounts from exceeding predefined risk limits. When a trader violates specific risk rules, the system automatically closes all open positions to prevent further losses.
Which risk rules can trigger automatic closures?
Automatic closures may occur if any of the following rules are violated:
- Daily Loss Limit
- Maximum Loss Limit
- Risk Consistency Rule
These rules are continuously monitored in real time by WeMasterTrade’s internal risk management system.
How does the system decide when to close positions?
The system evaluates account equity, floating losses, and closed trades based on WeMasterTrade’s proprietary risk calculation logic. Once a violation threshold is reached, all open positions are automatically closed without any manual intervention.
Why does MT5 trade history sometimes show different results?
MT5 trade history may display execution prices, timestamps, or closure details that differ from WeMasterTrade’s internal risk calculations due to platform limitations, execution timing, or market conditions. MT5 records should be used for reference purposes only.
Which record should traders rely on if there is a discrepancy?
In the event of any discrepancy, system-generated violation emails and dashboard notifications are the most accurate and authoritative references, as they reflect WeMasterTrade’s official risk assessment and rule enforcement.
Can automatic closures be reversed?
No. Once a risk rule is violated and positions are automatically closed, the action is final and cannot be reversed.
How can traders avoid automatic closures?
To avoid automatic closures, traders should:
- Monitor Daily Loss and Maximum Loss limits closely
- Manage position sizing carefully
- Avoid excessive risk exposure during high market volatility
- Strictly follow Risk Consistency requirements