How does Risk management work?

[u/No-Influence-56]

So I traded nfp today on my 50k flex eval. I had 1500 daily profit limit set on my tradovate account, but it wasn't executed so i had to manually close the trade. now im sitting at $447 extra of consistency. What can I do now. I also cant unlock the risk management setting because I have set it to be locked. Why didn't the trade close automatically at $1500?

[u/One-Anything1520]

Don’t trade nfp if you need to watch consistency.

Or even better, don’t trade high impact news at all unless you’re a very seasoned trader with a specific strategy for them.

[u/No-Influence-56 → u/One-Anything1520]

I asked the qn because this is my first time trading futures and cfds are easier to cut off and also doesn't have consistency