Blocks re-entry into the same symbol after a stop is hit, which cuts off revenge trading. Sometimes mislabeled as cooling off; the platform's term is Cooldown Period.
What this period is
A cooldown period (Cooldown Period) is a temporary trading ban a system imposes on itself after a defined event: a large loss, a string of consecutive losses, or a day of exceptional volatility. The goal is to break the most dangerous loop in trading, the decision made right after the pain.
Why it exists
After a loss, the decision maker changes, not the market. The urge to win it back at once (Revenge Trading) pushes toward bigger, faster trades with fewer conditions. An algorithm that is allowed to re-enter immediately after a stop can chase the market back and forth on one stormy day. A cooling-off period is a safety valve for both.
How it works in practice
Banning one symbol after its stop is hit (no return today). A blanket ban after losing a set daily percentage (done for the day). And a mandatory size cut after a losing streak until the form returns. All of them are rules written in calm so they can govern the hour of boiling.
Hypothetical example
A system had its stop hit on a symbol, went back in, and was stopped again within the hour. A cooldown rule (no entry in the symbol after two stops until tomorrow) would have saved the second hit. On Monday the system found a clean setup and entered at a better price.
Common mistake
Treating it as an admission of weakness you outgrow with experience: the biggest institutions impose it on systems and people alike, because the data says decisions made right after a loss are statistically the worst decisions for everyone, without exception.
Where to see it on the platform
The systematic trading module applies it as a published rule in its systems, and the trading journal shows the post-loss patterns in your own record, so you can see for yourself why it exists.
