AutoTrade Setting - Max Trade Size

AutoTrade Setting - Max Trade Size

In the Trade Management box, while setting up AutoTrade, you'll see an area where you can specify your max trade size. Think of this like a safety circuit breaker it will be applied after your scaling percentage number is used. So, for example, let's say you specify that you want to trade 50% of what the system recommends, but that you want a maximum quantity of 3. If the system recommends buying 10 units, AutoTrade will start calculations by saying "Ah, the customer only wants to trade 50% of that... or, in other words, 5 units." But then it will see that you have a maximum quantity of 3 and thus will only trade 3 units, not 5.

You can access this menu after setting up AutoTrade by:

  1. Going to your dashboard;
  2. Selecting your Broker account in the upper right corner;
  3. Clicking on the gear icon for the strategy you want to access;
  4. Selecting change AutoTrade settings.

 

 


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